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Home » AI » George Sivulka Net Worth: Hebbia AI Founder and CEO

George Sivulka Net Worth: Hebbia AI Founder and CEO

George Sivulka is the founder and Chief Executive Officer (CEO) of Hebbia AI. Founded in 2020, Hebbia is a startup that searches massive documents and returns results using generative AI.

raya-author-image by Raya
Tuesday, 9 July 2024, 2:12 AM
in AI
george sivulka net worthgeorge sivulka net worth

george sivulka net worth

George Sivulka is a tech entrepreneur and the founder and Chief Executive Officer (CEO) of Hebbia AI. Founded in 2020, Hebbia is a startup that searches massive documents and returns results using generative AI. Today, the market valuation of the startup stands at somewhere between $700 million to $800 million. He was listed in Forbes’ 30 Under 30 – Enterprise Technology (2024). 

From selling refurbished computers on eBay to founding and becoming the CEO of a multi-million dollar company, Silvulkia has come a long way. 

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George Sivulka Net Worth

Unfortunately, we do not have any information available on George Sivulkia’s net worth. As soon as we come across any credible info regarding Sivulka’s net worth, we will update this section.  

What we do know so far is that he founded Hebbia and serves as the startup’s CEO, which is now worth over $700-$800 million. 

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Education

George Sivulka went to the Ivy League School, Stanford University. He earned a Bachelor of Science (BS) degree in Mathematics. 

He achieved a perfect GPA of 4.0 and graduated “with Distinction” in under three years. 

Following his undergraduate studies, he pursued a Master of Science (MS) degree in Applied Physics at Stanford University. 

George then continued his education at Stanford, embarking on a Doctor of Philosophy (PhD) program in Electrical Engineering. Although he eventually decided to drop out of his fully funded Stanford Graduate Fellowship (SGF).

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Career

In 2014, George Sivulka joined NASA Goddard Institute for Space Studies, where he worked as a Research Intern till December 2016. During this time, he developed computational simulations for satellite-based remote sensing of landmines. 

In the summer of 2017, he served as a Scientific Researcher at SLAC National Accelerator Laboratory, focusing on optimization efforts for the LUX-Zeppelin experiment aimed at the direct detection of dark matter. 

The following summer, in 2018, he joined The Boston Consulting Group as a Summer Associate, working on AI-driven demand generation for an international technology company. 

While working on his PhD in electrical engineering at Stanford, Sivulka was inspired by the need to save time for financial professionals who spend long hours searching through dense documents.

In August 2020, he founded Hebbia.AI, a startup using generative AI to search large documents and provide specific answers, where he currently serves as Founder and CEO. The startup is bringing in the big bucks and is now worth over $700 to $800 million. American Industrial Partners, the U.S. Air Force and Headway Capital are some of the big names using the startup. 

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Latest Updates

Hebbia has raised a $130M Series B from Andreessen Horowitz, Index Ventures, Google Ventures, and Peter Thiel to deliver on that promise.

George Sivulka stated, “I’m incredibly proud of the Hebbia team. Over the last 18 months, we grew revenue 15X, quintupled headcount, drove over 2% of OpenAI’s daily volume, and laid the groundwork for customers to redefine how they work.”

Hebbia AI has raised nearly $100 million in a Series B funding round led by Andreessen Horowitz. The round valued the company between $700 million and $800 million, although the exact valuation is not confirmed. The funding round was disclosed in an SEC filing in May, showing $93 million raised out of a hoped-for $100 million, with the round now having closed near the $100 million mark.

The company primarily sells its product to financial service firms, including hedge funds and investment banks, but law firms and other professional sectors can also use it. This latest funding round brings Hebbia’s total capital to over $120 million, following a $30 million Series A in September 2022 led by Index Ventures with participation from Radical Ventures.

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FREQUENTLY ASKED QUESTIONS

Who is the CEO of Hebbia AI?

The CEO of Hebbia AI is George Sivulka, a tech entrepreneur and a prodigy. Hebbia AI is a startup that uses generative AI to search large documents and provide specific answers. 

When was Hebbia founded?

Hebbia AI was founded in 2020. The startup’s CEO George Sivulka, while working on his PhD in electrical engineering at Stanford, was inspired by the need to save time for financial professionals who spend long hours searching through dense documents. He then dropped out of his fully-funded program at Stanford to found Hebbia AI. 

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Raya

Raya is a tech enthusiast diving deep into New-Age technology, especially Artificial Intelligence (AI) and Machine Learning (ML). She is passionate about decoding the complexities and uses of new-age tech. Raya is on a mission to write articles that bridge the gap between technical jargon and everyday understanding, making AI and ML accessible to a wider audience.

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