Hebbia
Hebbia is an AI-native software company that builds the Matrix platform, an AI reasoning and workflow automation product used by investment banks, private equity firms, asset managers, insurers, and law firms to analyze large document sets and synthesize institutional research.
- Company typePrivate
- Founded2020
- HeadquartersNew York, United States
- Headcount—
- GTM typeB2B
- OfferingSoftware
What Hebbia does
Hebbia is a New York-based AI software company, founded in 2020 by George Sivulka, that builds the Matrix platform — an AI reasoning system purpose-built for financial professionals to analyze large document sets, automate end-to-end workflows, and synthesize insights from private documents, public filings, and third-party financial data providers. The platform explicitly targets limitations of retrieval-augmented generation by analyzing user intent rather than performing keyword matches, and supports agentic workflows that encode and run firm processes continuously without being prompted.
The product surface has expanded beyond retrieval: in June 2025, Hebbia acquired FlashDocs, a generative AI slide deck company automating more than 10,000 slides per day, with the FlashDocs team now leading Hebbia's API business and artifact generation. Matrix integrates with a broad data fabric — FactSet, PitchBook, S&P Capital IQ, Guidepoint, Third Bridge for financial data; Snowflake, AWS S3, Box, SharePoint, Dropbox, and Egnyte for document and data infrastructure; and Microsoft Azure AI Foundry for AI infrastructure. Reference customers include KKR, Morgan Stanley, Centerview Partners, Oak Hill Advisors, Rice Management Company, New Mountain Capital, MetLife, and Latham & Watkins, spanning private equity, investment banking, asset management, insurance, and legal services.
Hebbia monetizes primarily through enterprise SaaS subscriptions, with observed pricing of $800–$1,000 per user per month (e.g., Wilshire at $800/user, Holland Entertainment and 3Part Inc. at $1,000/user) and annual platform fees, distributed via a direct enterprise field sales motion. The company raised $130 million from Andreessen Horowitz in late 2024 at a $700 million post-money valuation and holds SOC 2 Type II, ISO/IEC 42001:2023, GDPR, and CCPA certifications, positioning it as an enterprise-grade, AI-native infrastructure layer for institutional knowledge work in finance and adjacent verticals.
Hebbia firmographics
Firmographics- Name
- Hebbia
- Legal name
- Hebbia Inc.
- Website
- https://hebbia.ai
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Short description
- Hebbia is an AI-native software company that builds the Matrix platform, an AI reasoning and workflow automation product used by investment banks, private equity firms, asset managers, insurers, and law firms to analyze large document sets and synthesize institutional research.
- Ownership category
- akta.pro rank
Hebbia industry classification
Industry- Product category
- AI Financial Research Platform
- NAICS
- Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Enterprise AI Data & Knowledge Platforms (Vector Databases, Knowledge Graphs) (HDAEANAH)
Keywords
Where Hebbia is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Hebbia business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Revenue model
- Enterprise SaaS Subscription: Enterprise licensing model with per-user pricing. Customers pay monthly fees per enterprise user (e.g., $800-$1000/month per user based on observed customer contract data).
- Platform Licensing: Per-project and platform fee arrangements observed in customer contracts, including flat monthly licensing fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Per seat | Monthly | Per User Enterprise Plan |
| Subscription | Annual | Platform Fee Model |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels7 records
Hebbia product offering
Product offeringCore offering
Hebbia provides an AI reasoning platform called Matrix that enables financial professionals to analyze millions of documents, reason over unlimited context, and automate end-to-end financial workflows such as investment memos, board decks, and diligence summaries. The platform integrates private documents, public filings, and third-party financial data providers into a unified environment for institutional investors, investment banks, advisory firms, and corporate finance teams.
Product overview
Hebbia is an AI platform for finance offering a unified product called Matrix, which provides institutional intelligence through AI-powered document analysis, financial data integration, and automated workflows. The platform supports four key solution areas: Institutional Investing, Investment Banking, Professional Services, and Corporate Finance & Strategy. Through the acquisition of FlashDocs, Hebbia expanded into generative AI content creation, specifically automated slide deck generation. The platform integrates with multiple data providers (FactSet, PitchBook, S&P Capital IQ, Guidepoint, Third Bridge) and document management systems to enable end-to-end financial workflows.
Differentiator
Problem solved
Functional benefit
Products and services
- Matrix AI reasoning platform that enables financial professionals to reason over unlimited context, analyze millions of documents, and automate workflows including investment memos, board decks, diligence summaries, and deal analysis. Integrates with private documents, public filings, and third-party financial data providers for institutional investors, investment banks, and corporate finance teams.
- FlashDocs Generative AI slide deck creation technology that automates 10,000+ slides per day for leading AI and enterprise companies. The FlashDocs team now leads API business and artifact generation at Hebbia, providing automated presentation generation capability.
Quantifiable outcome
- 200K+ prompts processed daily
- +3 more outcomes
Companies that use Hebbia
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles3 records
Hebbia technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration19 records
AI capability7 records
Feature4 records
Hebbia partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered core.
- FactSetcoreHebbia partners with FactSet to power AI-driven financial research. The integration allows Hebbia users to access FactSet's financial data and analytics within the Hebbia platform, enhancing research capabilities for financial professionals.
- Microsoft Azure AI FoundrycoreHebbia integrates with Microsoft Azure AI Foundry to elevate financial analysis capabilities. This integration enables Hebbia to leverage Azure's AI infrastructure for enhanced performance and scalability.
- PitchBookcorePitchBook announced LLM partnerships with Anthropic, Perplexity, Rogo, and Hebbia to integrate its private capital market data into AI-powered workflows. Users can access PitchBook's proprietary data within Hebbia, eliminating the need to toggle between applications. Part of PitchBook's 2025 AI/ML strategy.
- Third BridgecoreThird Bridge forms strategic partnership with Hebbia to enhance AI-powered research workflows. The integration allows users to access Third Bridge's expert research within Hebbia's platform.
- FlashDocscoreHebbia acquired FlashDocs, a generative AI slide deck creation company founded in 2024 by Morten Bruun and Adam Khakhar. The acquisition expands Hebbia's platform from information retrieval into content generation. FlashDocs automates 10,000+ slides per day. The FlashDocs team will lead API business and artifact generation at Hebbia.
- SnowflakecoreData integration partnership allowing Hebbia users to connect Snowflake data sources for analysis within the platform.
- Amazon AWS S3coreData integration partnership enabling Hebbia users to connect AWS S3 data sources for analysis within the platform.
- GuidepointcoreData integration partnership allowing access to Guidepoint's expert research and data within Hebbia's platform.
- Third BridgecoreData integration partnership enabling access to Third Bridge expert calls and research within Hebbia's platform.
- BoxcoreData integration partnership allowing Hebbia users to connect Box document storage for analysis.
- DropboxcoreData integration partnership enabling access to Dropbox-stored documents within Hebbia's platform.
- S&P Capital IQcoreData integration partnership providing access to S&P Capital IQ financial data and analytics within Hebbia's platform.
- SharePointcoreData integration partnership enabling Hebbia users to connect SharePoint document libraries for analysis.
- EgnytecoreData integration partnership allowing access to Egnyte-stored documents within Hebbia's platform.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
Hebbia competitors and assessment
Company assessmentDirect peers
- Rogo: AI research platform purpose-built for finance professionals including investment bankers and investors, also integrated with PitchBook as a model partner. Directly competes with Hebbia on the AI-for-finance-research wedge with similar customer profiles.
- Tome: Generative AI presentation and storytelling product used in business workflows. Comparable to Hebbia's FlashDocs integration on the AI-driven slide-deck and artifact-generation side of the platform.
- Glean: Enterprise AI search and knowledge platform connecting workplace documents and data sources with an AI assistant. Comparable to Hebbia's 'unified access to private documents, public filings, and financial data providers' positioning across large enterprises.
- AlphaSense: Enterprise AI market intelligence platform serving investment research, corporate strategy, and consulting teams with document and transcript search. Most direct comparable to Hebbia in target buyer (PE/IB/AM) and core workflow (AI-driven research over large document corpora).
- Harvey: Vertical AI platform for elite law firms (e.g., uses by Latham & Watkins-like clients) and professional services. Comparable to Hebbia in vertical-AI-as-product positioning, enterprise GTM, and workflow automation for high-stakes professional knowledge work.
- Sana: Enterprise AI knowledge and learning platform that helps organizations index documents and deploy AI agents. Comparable to Hebbia in reasoning-over-corporate-knowledge and workflow-automation thesis for enterprise buyers.
Broad incumbents
- S&P Capital IQ Pro: S&P Global's flagship financial data and analytics platform with growing AI features (Capital IQ Pro AI). Comparable as both a data partner to Hebbia and a broad incumbent in the same enterprise finance intelligence workflow.
- Microsoft Copilot for Finance: Microsoft's Copilot for Finance plus Azure AI Foundry integration (Hebbia's announced partner) bundles AI assistants and document reasoning into Microsoft 365 and Azure. Represents the broad incumbent threat: enterprise buyers may default to Microsoft's embedded AI rather than Hebbia.
- Bloomberg: Bloomberg Terminal plus BloombergGPT offer AI-augmented financial data, analytics, and now generative research tools deeply embedded in investment workflows. A broad incumbent whose installed base and proprietary dataset represent both a competitor and a potential channel for Hebbia.
Emerging players
- Perplexity Enterprise (Pro / Enterprise Pro): AI-powered answer engine now selling an enterprise tier. Comparable as an AI research surface for finance users, and notably co-listed with Hebbia as a PitchBook LLM partner, making it both a partner and adjacent competitor.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Hebbia social profiles
Digital presenceHebbia compliance and trust
Trust signalCompliance4 records
Hebbia financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hebbia leadership team
Management profileNumber of profiles
Profiles3 records
Hebbia subsidiaries and ownership
Company hierarchySubsidiaries1 record
Hebbia funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hebbia M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Hebbia
What does Hebbia do?
Hebbia provides an AI reasoning platform called Matrix that enables financial professionals to analyze millions of documents, reason over unlimited context, and automate end-to-end financial workflows such as investment memos, board decks, and diligence summaries. The platform integrates private documents, public filings, and third-party financial data providers into a unified environment for institutional investors, investment banks, advisory firms, and corporate finance teams.
Is Hebbia a public or private company?
Hebbia is a private company. It is classified as venture growth investor backed and is currently operating.
When was Hebbia founded?
Hebbia was founded in 2020.
Where is Hebbia based?
Hebbia is headquartered in New York, United States, in the North America region.
How does Hebbia make money?
Two revenue lines are on record. Enterprise SaaS Subscription is the primary driver. The others are platform Licensing.
Who are Hebbia's main competitors?
Direct peers on record are Rogo, Tome, Glean, AlphaSense, Harvey and Sana. Broad incumbents are S&P Capital IQ Pro, Microsoft Copilot for Finance and Bloomberg. Perplexity Enterprise (Pro / Enterprise Pro) is listed as an emerging player.
Does Hebbia have an API?
No public API is recorded for Hebbia.
What industry is Hebbia in?
Hebbia's product category is AI Financial Research Platform. Its primary akta.pro industry code is HDAEANAH, Enterprise AI Data & Knowledge Platforms (Vector Databases, Knowledge Graphs). Its NAICS code is 523 and its SIC code is 6282.