Hume AI Raises $50 Million in Series B

Hume AI Raises $50 Million in Series B

Hume AI, a New York-based startup and research lab specializing in artificial intelligence optimized for human wellbeing, completed a $50 million Series B funding round.

The round was led by EQT Ventures, with participation from Union Square Ventures, Nat Friedman & Daniel Gross, Metaplanet, Northwell Holdings, Comcast Ventures, and LG Technology Ventures.

Founded in 2015, EQT Ventures is a venture capital firm based in Stockholm, Sweden, investing primarily in Europe. The firm prefers to invest in seed-stage, early-stage, and later-stage companies operating in the information technology and SaaS sectors across Europe and the United States.

About Hume AI

Founded by Dr. Alan Cowen, Hume AI is a research lab and technology company that has developed an advanced API toolkit for measuring human emotional expression. The company offers a toolkit that uses AI to understand and measure human emotional expression in various forms such as images, videos, audio, and text, with the aim of aligning technology with human well-being. This toolkit is already utilized across various industries, including robotics, customer service, healthcare, user research, and more. Hume’s goal is to enable a future in which technology draws on an understanding of human emotion to better serve human goals.

Funding Details

Company: Hume AI, Inc.

Raised: $50.0M

Round: Series B

Funding Month: March 2024

Lead Investors: EQT Ventures

Additional Investors: Union Square Ventures, Nat Friedman & Daniel Gross, Metaplanet, Northwell Holdings, Comcast Ventures, LG Technology Ventures

Company Website: https://www.hume.ai/

Software Category: Emotional Intelligence