HerculesAI raised $26 million in a Series B financing led by Streamlined Ventures with participation from Proof VC, Thomson Reuters Ventures, Alumni Ventures, and various industry angels.
Amount Raised
$26 Million
Round Type
Series B
Investors
Description
HerculesAI, a generative AI company, secured a $26 million Series B financing. The round was led by Streamlined Ventures and saw participation from Proof VC, Thomson Reuters Ventures, Alumni Ventures, and various industry angels. The funding will be used to further enhance HerculesAI’s recent momentum.
Quick answer
HerculesAI raised $26 Million in a Series B round, dated July 13, 2024. Investors: Various Industry Angels, Alumni Ventures, Proof VC, Thomson Reuters Ventures and Streamlined Ventures.
- How much did HerculesAI raise?
- HerculesAI raised $26 Million in a Series B round on July 13, 2024.
- Who invested in HerculesAI?
- Various Industry Angels, Alumni Ventures, Proof VC, Thomson Reuters Ventures and Streamlined Ventures are named as investors in this round.
- What does HerculesAI do?
- HerculesAI is a pioneer in AI-driven billing compliance and decision intelligence.
Source: Fundz verified event record.
Who else raised in Legal and Artificial Intelligence around the same time
Companies in the same sectors as HerculesAI that raised within 45 days of this round, from Fundz verified event records.
- Supio raised $25M (Series A) on August 27, 2024.
- Moonlit raised an undisclosed amount (Funding Round) on August 20, 2024.
- Bering Lab raised $2.3M (Pre-Series A) on August 13, 2024.
- DecoverAI raised $2M (Funding Round) on August 4, 2024.
- LegalFly raised $16M (Series A) on July 15, 2024.
- Wordsmith raised $5M (Seed) on June 20, 2024.
Who to call at HerculesAI, and when
A new round usually means HerculesAI is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day HerculesAI raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at HerculesAI, from your own LinkedIn network
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Fundz sees it the moment HerculesAI raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Funding Insights
What this usually meansHerculesAI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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