Streamlined Ventures Leads $26 Million Series B Funding Round for HerculesAI

The $26 million Series B funding round was led by Streamlined Ventures, with additional participation from Proof VC, Thomson Reuters Ventures, Alumni Ventures as well as several industry angels. 

 Formerly known as Zero Systems, HerculesAI uses ensemble for data extraction, transformation and verification frameworks. HerculesAI has developed multi-agent systems that automate high-value, continuous processes and workflows requiring automated decision-making. According to coverage by TechCrunch, the company’s CEO and co-founder Alex Babin is planning to stay lean and invest in refining HerculesAI’s internal processes and automation.

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The Pillsbury deal team was led by Corporate partner Matt Kirmayer and included special counsel Theresa Lee and associate Kendy Chan.