# AI startup Hebbia generates USD 13 million in annual revenue and is profitable, raising USD 130 million in Series B funding at about a USD 700 million valuation

On 2024/7/9, TechCrunch reported that Hebbia, a US AI document search platform, raised USD 130 million in Series B funding, led by Andreessen Horowitz with participation from Index Ventures, Google Ventures, and Peter Thiel. Its valuation was approximately USD 700 million, with total funding of USD 130 million. Founded by George Sivulka, it had approximately USD 13 million in annual revenue and was profitable.



Canonical: https://uniquebase.ai/news/27796dd7-3fc1-4132-aa8f-b6bc571a794a
Stable identifier: 27796dd7-3fc1-4132-aa8f-b6bc571a794a
Snapshot captured: 2026-10-20T18:19:32.670Z
English updated: 2026-10-20T18:24:42.924Z

## Connected profiles

- [Andreessen Horowitz](/institutions/andreessen-horowitz)
- [Hebbia](/companies/hebbia)

## Sources

- https://techcrunch.com/2024/07/09/ai-startup-hebbia-rased-130m-at-a-700m-valuation-on-13-million-of-profitable-revenue/