AI startup Hebbia raised $130M at a $700M valuation on $13 million of worthwhile income

Hebbia, a startup that makes use of generative AI to look giant paperwork and reply to giant questions, has raised a $130 million Sequence B at a roughly $700 million valuation led by Andreessen Horowitz, with participation from Index Ventures, Google Ventures and Peter Thiel. And its funding demonstrates that 50x annual recurring income (ARR) is changing into […]

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