Looking to sell Hebbia stock or options?
Hebbia is the developer of a SaaS platform designed to create artificial agents capable of completing end-to-end tasks. The platform enables the ingestion of both structured and unstructured data across diverse files and formats, retrieves information upon request, and provides answers with citations in a spreadsheet-like format. By breaking down complex tasks into manageable actions, it ensures accuracy. Users can collaborate with AI to extract, organize, and analyze millions of documents at scale, allowing businesses to integrate comprehensive workflow automation with generative AI using LLMs.
Chih-Yuan Yang, Cory Levy, Radical Ventures, Peter Thiel, Stanley Druckenmiller, GV, Human Capital, Marty Chavez, Index Ventures, Abstract Ventures, Naval Ravikant, Eric Schmidt, Access Ventures (New York), Floodgate, Ram Shriram, Kevin Hartz, Michael Fertik.
Hebbia is currently a private company. This means that the company is not listed on any public exchange and so there is no public market for its stock. However, there may still be ways to monetize Hebbia stock. Depending on Hebbia’s policies, you may be able to: (1) find a private buyer in the secondary market to purchase your stock, (2) borrow against your stock, or (3) exchange Hebbia stock into the Collective Exchange Fund for a limited partnership interest and then borrow non-recourse against your interest to generate immediate cash. This last alternative can be much quicker and net you more after-tax cash than your other options. An exchange into our fund also reduces your risk by diversifying your holdings out of an over-concentrated position.
Collective Liquidity can provide liquidity to shareholders of Hebbia stock in two ways. First, Hebbia employees can exchange shares into the Collective Exchange Fund and then borrow non-recourse to generate immediate cash. This can net you more after-tax cash than a stock sale. It also reduces your risk by diversifying your holdings out of an over-concentrated position. In some cases, Collective may also be able to purchase your Hebbia stock. Note that all transactions in Hebbia shares are subject to the company’s policies regarding secondary transactions. Schedule a call with a Collective Liquidity representative to learn more about your private market liquidity alternatives.
Hebbia stock is not listed on any public exchange and so there is no public market for its shares. Therefore, there is no single, centralized price for Hebbia stock. Typically, shares of private companies like Hebbia are set with buyers in one off negotiations. Collective Liquidity, however, uses a proprietary algorithm to determine its bids so we almost always have an immediately actionable price for you.
On Jun 2024, Hebbia is reported to have closed an equity financing in which the investors valued the company at $674M. This valuation is typically calculated by multiplying the per share price of the preferred stock sold in the financing by the number of Hebbia shares outstanding assuming the conversion of all stock options, warrants, etc.
Tickers are used to identify company’s shares on public markets like the NYSE or Nasdaq. Because Hebbia is not currently publicly traded, it does not have a ticker symbol.
Hebbia has not yet conducted an initial public offering (“IPO”) and so remains a private company. Though Hebbia is a well-known, successful company, there can be no assurance that it will ever go public or be sold. Because of the risk this imposes on Hebbia shareholders, many investors elect to gain liquidity for at least some of their shares before the IPO. Schedule a call with a Collective Liquidity representative to discuss your private market liquidity alternatives.