About Hebbia
Introduction
Hebbia is not a legal-specific product — it is a general enterprise AI platform, Matrix, originally built for financial-services research that has also been adopted by law firms and corporate legal departments for large-scale document analysis. Its core idea is a spreadsheet-like interface where each row is a document and each column is a question, letting a user or an AI agent run the same set of questions across hundreds or thousands of files at once. Founded in 2020 and headquartered in New York, Hebbia has raised at least $160 million across a $30 million 2022 Series A led by Index Ventures and a $130 million 2024 Series B led by Andreessen Horowitz and reports powering research for roughly 30% of the largest asset managers by assets under management, alongside law firms, banks, and Fortune 100 companies. It acquired slide-generation startup FlashDocs in June 2025, and through 2026 launched Hebbia Skills, Max, and Matrix 2.0, alongside integrations with Snowflake, SS&C Intralinks, and PitchBook.
Contract Analysis
Hebbia’s document-matrix approach applies directly to contract and document review: legal teams can upload a batch of contracts or discovery documents and ask the same set of extraction questions (key clauses, obligations, risk flags) across the entire set at once, then export the results as a structured table.
Legal Research
While not built specifically for case-law search, Hebbia can be pointed at large sets of internal or external documents (filings, regulatory documents, case files) to summarize and answer questions with source citations, which some legal teams use as a research-adjacent workflow layered on top of their existing primary-law research tools.
Pricing
Hebbia publishes two tiers: a Professional plan at roughly $10,000 per seat per year for unlimited reasoning, custom agent building, and advanced integrations, and a Lite plan at roughly $3,000-$3,500 per seat per year aimed at users who mainly consume outputs from predefined agents rather than build their own workflows.
User Reviews and Ratings
Hebbia holds a 4.3 out of 5 rating on G2, though based on a small sample of about 11 verified reviews at time of writing. Reviewers highlight the intuitive interface, the Matrix functionality for handling complex documents, and significant time savings on large-volume document analysis; reported drawbacks include file-management limitations and upload issues.
Verdict
Hebbia is a strong option for organizations, including law firms, that need to run the same structured questions across very large document sets and already have budget for a premium, finance-grade enterprise AI tool. It is not a legal-specific product, so firms wanting citation-verified case-law research or legal-specific drafting workflows will still need a dedicated legal AI tool alongside it, and its per-seat pricing puts it firmly in the enterprise tier rather than the small-firm budget range.
Facts
- Aug 26, 2026Hebbia launches Matrix 2.0, an AI system designed to take autonomous actions like a firm's best employees.
- Jul 30, 2026Hebbia introduces Max, described as the first AI teammate that works the way a firm works.
- Jul 8, 2026Hebbia announces an integration with Snowflake, letting teams pair Snowflake data with Hebbia's AI workflows.
- May 27, 2026Hebbia becomes available in the Claude Marketplace, letting Anthropic customers apply existing spend commitments to it.
- May 26, 2026Hebbia announces an integration with SS&C Intralinks for AI-enabled dealmaking.
- May 7, 2026PitchBook private-capital-markets data goes live inside Hebbia Skills.
- Apr 30, 2026Hebbia launches Hebbia Skills for finance, a library of hundreds of pre-built AI workflows for banking and markets professionals.
- Jun 26, 2025Hebbia acquires FlashDocs to bring AI-generated slide decks into its financial-services workflows.
- Jul 8, 2024Hebbia raises a $130 million Series B led by Andreessen Horowitz, with Index Ventures, Google Ventures, and Peter Thiel.
- Sep 7, 2022Hebbia raises a $30 million Series A led by Index Ventures.
Investments
| Date | Investor | Round | Amount |
|---|---|---|---|
| Jul 2024 | Andreessen Horowitz (with Index Ventures, Google Ventures, Peter Thiel) | Series B | $130,000,000 |
| Sep 2022 | Index Ventures | Series A | $30,000,000 |
| Total (disclosed amounts) | $160,000,000 | ||
Frequently Asked Questions
Reviews
About the Company
Hebbia, Inc.
Founded in 2020Hebbia, Inc. is a New York-based AI company founded in 2020 by CEO George Sivulka, a Stanford PhD dropout. It builds Matrix, a general-purpose enterprise AI search and analysis platform widely used by investment banks and asset managers as well as by law firms and corporate legal departments for large-scale document review. Hebbia has raised at least $130 million in a Series B round led by Andreessen Horowitz.