About Hercules AI
Hercules AI is a Technology company based in Campbell (United States) founded in 2014 by Gevorg Karapetyan and Alex Babin. AI applications are developed and deployed through a democratizing platform. It operates in the Technology and Professional & Legal Services sectors. Hercules AI has raised $27.91 million across 1 funding round from investors including Streamlined Ventures, Thomson Reuters Ventures and Alumni Ventures. Its chief executive, as recorded, is Alex Babin. Hercules AI offers products and services including AI Platform, Time Capture Tool, and Email Classification. Its focus areas include High Tech, Generative AI, Industry Specific Applications and IT.
Company details
The company was founded in 2014 and is based in Campbell, United States. A platform is offered to facilitate the development and deployment of AI applications, targeting sectors such as insurance and billing. Solutions are provided for insurance policy verification, cross-jurisdiction billing processes, and custom training programs supported by sports science expertise. Operations focus on enabling accessible AI integration across various industries.
- Headquarters Campbell, United States
- Founders Gevorg Karapetyan, Alex Babin
- SectorsTechnologyProfessional & Legal Services
- Email••••••••
- Phone•••• ••••
- Website hercules.ai
- Social LinkedIn
- Total Equity Funding$27.91M (USD)
in 1 rounds
- Latest Funding Round$27.91M (USD), Series B
Jul 2024
- InvestorsStreamlined Ventures
& 4 more
Products & Services of Hercules AI
Hercules AI offers a comprehensive portfolio of products and services, including AI Platform, Time Capture Tool, and Email Classification.
Platform for automating enterprise workflows with AI tools
Automates timekeeping and narratives for legal efficiency
Classifies and files emails in firm systems accurately
Funding Insights of Hercules AI
Hercules AI has successfully raised a total of $27.91M through 1 strategic funding round. The most recent funding activity was a Series B round of $27.91 million completed in July 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $27.91M
- Total Rounds 1
- Last Round Series B — $27.91M
- First Round $27.91M
(Jul 2024)
- Investors Count 5
All 1 funding rounds of Hercules AI with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2024 | $27.91M | Series B | – | Streamlined Ventures |
5 investors in total: 5 institutional.
Investors in Hercules AI
Hercules AI has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Streamlined Ventures, Thomson Reuters Ventures and Alumni Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in tech startups are managed by Streamlined Ventures. | streamlined.vc | Palo Alto, United States | ||
Early-stage enterprise technology companies are targeted for investment. | trventures.com | Toronto, Canada | ||
Venture capital investing and portfolio management services for accredited investors. | av.vc | |||
Early-stage technology companies are funded by this venture capital firm. | proof.vc | Reston, United States | ||
Venture capital firm investing in seed & series A stage tech companies | indicocapital.com | Lisbon, Portugal |
Investor details for Hercules AI
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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People of Hercules AI
2 people are tracked at Hercules AI (2 in leadership).
| Name | Role | Group |
|---|---|---|
Gevorg Karapetyan | Co-Founder | Leadership |
Alex Babin | Co-Founder & CEO | Leadership |
Complete people profiles for Hercules AI
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Hercules AI
2 dated milestones of Hercules AI across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Hercules AI is founded.
- Funding First funding round of $27.9M.
Web traffic of Hercules AI
The website of Hercules AI (hercules.ai) receives about 3.9K visits a month.
- Monthly visits3.9K
▼ 31.1% vs previous month
Websites whose visitors overlap most with Hercules AI. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| send.technology | 100% | 6.3K | #3,365,451 | View details | |
| inari.io | 99% | 3.9K | #4,505,917 | View details |
Top companies in AI Core Platforms & Infrastructure
3 companies that operate in the same segment as Hercules AI (AI Core Platforms & Infrastructure) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
OpenAI is engaged in developing advanced artificial intelligence technologies. | 2015 | San Francisco, California, United States | USD 58.07 B | 11,115 | ||
AI-powered graphical processing units and SoCs | 1993 | Santa Clara, California, United States | USD 5 M | USD 130.5 B | 42,000 | |
AI models and chatbots are offered for industry applications. | 2021 | San Francisco, California, United States | USD 136.81 B | 6,146 |
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Related news about Hercules Ai
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Frequently Asked Questions about Hercules AI
Hercules AI was founded in 2014 and raised its 1st funding round 10 years after it was founded.
Hercules AI is headquartered in Campbell, United States. It is registered at Campbell, California, United States.
Alex Babin is the CEO of Hercules AI, as recorded in our data. They have also founded this company.
Hercules AI is a funded company, having raised a total of $27.91M across 1 funding round to date. The company's 1st funding round was a Series B of $27.91M, raised on Jul 2024.
The company was founded in 2014 and is based in Campbell, United States. A platform is offered to facilitate the development and deployment of AI applications, targeting sectors such as insurance and billing. Solutions are provided for insurance policy verification, cross-jurisdiction billing processes, and custom training programs supported by sports science expertise. Operations focus on enabling accessible AI integration across various industries.
Hercules AI offers AI Platform, Time Capture Tool, and Email Classification.
Hercules AI has 5 investors. Key investors include Streamlined Ventures, Thomson Reuters Ventures, Alumni Ventures, PROOF, and Indico Capital Partners.