Hercules AI

Hercules allows organizations to:

1. Transform unstructured data into structured data data at the point of ingestion.
2. Automate routine time-consuming tasks based on data classification, such as document filing, document archiving, activity tracking, and content flagging.
3. Minimize processing costs by leveraging idle processing capacity of existing infrastructure.
4. Automate data classification at scale across the organization.

On April 4, 2024, Hercules AI announced a partnership with RosettaStoneLLM to target AI application development and workflow automation in regulated sectors such as finance, insurance, and legal services. 

Funding Information:
HerculesAI has raised a total of $38.2M in funding over 6 rounds. Their latest funding of $26M was raised in May 2024 from a Series B round from Alumni Ventures, Evolution Ventures, PROOF, Streamlined Ventures, Thomson Reuters Ventures, and Trajectory Ventures.