When was Hercules founded?

Hercules was founded in 2014 and raised its 1st funding round 10 years after it was founded.

Where is Hercules located?

Hercules is headquartered in Campbell, United States.

Who is the current CEO of Hercules?

Alex Babin of Hercules. They have also founded 1 company.

How many employees does Hercules have?

As of Sep 30, 2026, the latest employee count at Hercules is 92.

Is Hercules a funded company?

Hercules is a funded company, having raised a total of $***** in its 1st and only funding round, a Series B round on Jul 11, 2024.

When was the latest funding round of Hercules?

Hercules' latest funding was a $***** Series B round on Jul 11, 2024, with participation from 5 investors. Its primary sector is Artificial Intelligence. In United States, the Artificial Intelligence sector has seen $334B in funding in 2026 to date.

Where does Hercules rank among its competitors?

Hercules ranks 8th amongst 133 active competitors, of which 16 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Indico Data, which secured an undisclosed amount in Oct, 2025.

Who are the top competitors of Hercules?

Hercules' top competitors include Conga, airSlate and Indico Data. Among them, Indico Data secured the most recent funding round in October, 2025.

Hercules - 2026 Company Profile, Team, Funding & Competitors

Hercules is a series B company based in Campbell (United States), founded in 2014 by Alex Babin and Gevorg Karapetyan. It operates as a Provider of AI platform automating data extraction and workflow verification. Hercules has raised $27.9M in funding from Streamlined Ventures. The company has 133 active competitors, including 16 funded and 7 that have exited. Its top competitors include companies like Conga, airSlate and Indico Data.

Company Details

Provider of AI platform automating data extraction and workflow verification. The platform transforms unstructured documents into business information, ensuring transaction accuracy. It translates business logic into programmatic code, verifying data and reconciling numbers across systems. The platform flags discrepancies before execution, providing audit-ready outputs for billing, settlement, and reporting.

Website: www.hercules.ai/
Email ID: *****@zerosystems.com
Phone Number: +1 **********
Part Of

Key Metrics

Founded Year

2014

Location

Campbell, United States

Stage

Series B

Total Funding

$27.9M in 1 round

Latest Funding Round

Series B, Jul 11, 2024, $*****

Investors

Streamlined Ventures & 11 more

Ranked

8^th among 133 active competitors

Employee Count

92 as on Sep 30, 2026

Similar Companies

Harvey & 612 more

View Hercules' full profile

Hercules has raised a total funding of $27.9M over 1 round. Its latest funding round was a Series B round on Jul 11, 2024 for $*****. 5 investors participated in its latest round. Hercules has 12 institutional investors.

Here is the list of recent funding rounds of Hercules:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 11, 2024	4759644	Series B	6468526	4845624	1456094	8679003

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View details of Hercules's funding rounds and investors

The founders of Hercules are Alex Babin and Gevorg Karapetyan. Alex Babin is the CEO of Hercules.

Here are the details of Hercules' key team members:

Alex Babin: Co-Founder & CEO of Hercules and founder of 1 other company.
Contact Info: 1 email address
Gevorg Karapetyan: CTO & Co-Founder of Hercules and founder of 2 other companies, TimelyAI and Gevorg Karapetyan - Founder and CEO.

View details of Hercules's Founder profiles and Board Members

Hercules' employee count trend

Hercules has 92 employees as of Sep 26. Here is Hercules's employee count trend over the years:

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Top competitors of Hercules include Conga, airSlate and Indico Data. Here is the list of Top 10 competitors of Hercules, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Conga 2006, Broomfield (United States), Acquired	Provider of document automation, contract lifecycle management, and revenue solutions	$140M	Salesforce Ventures, Insight Partners & 3 others	68/100
2nd	airSlate 2006, Brookline (United States), Series C	Provider of document workflow automation and marketing intelligence platform solutions	$185M	G Squared, Morgan Stanley & 7 others	62/100
3rd	Indico Data 2014, Boston (United States), Series B	Developer of an agentic decisioning platform for insurance underwriting and claims	$72.7M	.406 Ventures, Two Sigma Ventures & 14 others	62/100
4th	Affinda 2013, Melbourne (Australia), Series A	AI-based document processing application provider	$10M	-	57/100
5th	Open Bots AI 2020, Edison (United States), Seed	Open source RPA automation platform	$5M	-	55/100
6th	ClearDox 2018, Stamford (United States), Unfunded	AI-based platform for document processing	-	-	47/100
7th	Cinnamon 2012, Minato City (Japan), Series C	Provider of AI-powered intelligent document processing solutions	$39.6M	CyberAgent Capital, TBS Innovation Partners ... & 33 others	44/100
8th	Hercules 2014, Campbell (United States), Series B	Provider of AI platform automating data extraction and workflow verification	$27.9M	Acorn Pacific Ventures, Altair Capital & 10 others	42/100
9th	Levity 2020, Berlin (Germany), Seed	Cloud-based robotic process automation platform for document processing	$10M	Balderton Capital, Angular Ventures & 12 others	41/100
10th	DocuPhase 2000, Clearwater (United States), Acquired	Intelligent automation solutions simplifying back-office operations for modern finance teams	-	LoneTree Capital, Level Equity	39/100