H Company Valuation, Funding & Investors

H Company is valued at $370M as of May 2024.

Last H Company valuation

$370M

Seed · May 2024

Last H Company funding round

$100M

Seed · May 2024

Cumulative funding H Company raised

$220M

across 2 funding rounds

Key investors in H Company

H Company Overview

About H Company

H Company is a Paris-based artificial intelligence company specializing in agentic AI models for task automation. The firm develops AI agents such as Runner H for workflow integration with applications, Tester H for quality assurance, and Surfer H for autonomous web interactions powered by the Holo-1 visual-language model. Targeted at businesses in Europe and North America, these tools handle complex digital tasks across industries like finance and marketing.


Founded

2023

HQ

FranceParis

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Valuation

$370M (May 2024)

H Company Valuation

H Company is currently valued at $370M, based on its seed round in May 2024.

The $100M round included Elaia, Bernard Arnault, Creandum, FirstMark, Amazon and 7 other investors.

H Company valuation by funding round

H Company valuation by funding round
DateStageValuation
May 2024Seed$370M

H Company Funding History

H Company has raised a total of $220M across 2 funding rounds.

H Company's first fundraising round was a $120M undisclosed-stage round in May 2024. The most recent completed round was a $100M seed round in May 2024.

H Company funding rounds

H Company funding rounds
DateStageInvestorsRaisedValuationDeal Summary
May 2024SeedElaia; Bernard Arnault; Creandum; FirstMark; Amazon; UiPath; Bpifrance Large Venture; Eric Schmidt; Aglaé Ventures; Eurazeo; Accel; Antoine Fabre$100M$370MH Company, a Paris-based AI startup founded in late 2023 (previously known as Holistic AI), develops action-oriented artificial intelligence agents for enterprise automation and productivity, focusing on 'computer use capable' agents that autonomously interface with software to automate repetitive operations. The company launched its first agentic-API platform, Runner H, in November 2024, combining a large language model and a 2-billion parameter vision-language model. H has offices in Paris, London, and New York, with clients including the French national lottery FDJ United, and leadership by President and CEO Gautier Cloix. In May 2024, H Company raised a record-setting $220 million seed round, the largest AI raise in Europe at the time, from investors including Accel, Aglaé Ventures (via Xavier Niel), Amazon, Antoine Fabre, Bernard Arnault, Bpifrance Large Venture, Creandum, Elaia Partners, Eric Schmidt, Eurazeo, UiPath, FirstMark Capital, and others like Yuri Milner and Visionaries Club. The round consisted of approximately 40% traditional equity and the remainder as convertible debt, to be converted in a future round based on then-valuation. The funds support rapid team expansion (starting with 25 AI engineers and scientists from top labs), compute power, datasets, and development toward advanced AI capabilities, including ambitions for artificial general intelligence. Post-round developments include the May 2025 acquisition of Mithril Security to enhance offerings and expansion of agentic models in June 2025. H positions itself against competitors like Mistral AI in the European AI space, emphasizing aggressive hiring and commercialization partnerships, such as with UiPath for robotic process automation.
May 2024Undisclosed stage-$120M-H Company, a Paris-based AI startup founded in late 2023 by DeepMind veterans including Charles Kantor, Laurent Sifre, Daan Wiestra, Karl Tuyls, and Julien Perollat, develops action-oriented AI agents for enterprise automation, focusing on multimodal-to-action models and agentic applications like Runner H, which combines a 2-billion parameter LLM and VLM for tasks such as robotic process automation, quality assurance, and business process outsourcing. Previously known as Holistic AI, the company raised a record $220 million seed round in May 2024, Europe's largest AI seed at the time, blending equity (about 40%) and convertible debt, with investors including Eric Schmidt, Xavier Niel, Yuri Milner, Bernard Arnault via Aglaé Ventures, Accel, Bpifrance Large Venture, Creandum, Elaia Partners, Eurazeo, FirstMark Capital, Amazon, Samsung, UiPath, and others. The round came just months after inception, highlighting the founder's pedigrees from Stanford, Google, and DeepMind, and the hype around agentic AI for business workflows. In November 2024, H launched its first product, Runner H, initially free via APIs with planned paid models, targeting commercialization through partners like UiPath. However, three co-founders left in August 2024 over operational disagreements, and the company is pursuing a Series A for further capital-intensive model building. H operates from Paris with offices in London and New York, serving clients like French national lottery FDJ United. Later developments include acquiring Mithril Security in May 2025 and expanding agentic offerings in June 2025, with Charles Kantor as CEO (noted as Gautier Cloix in some sources).

Who has invested in H Company?

12 investors have backed H Company across its funding rounds, including Accel, FirstMark, Eurazeo, Creandum, Amazon and Elaia.


H Company Investors

Investors in H Company by funding rounds participated
InvestorHQRoundsRoleFirst check
ElaiaFranceFrance1ParticipantMay 2024
Bernard ArnaultFranceParis1ParticipantMay 2024
CreandumSwedenStockholm1ParticipantMay 2024
FirstMarkUnited StatesNew York City, NY1ParticipantMay 2024
AmazonUnited StatesSeattle, WA1ParticipantMay 2024
UiPathRomaniaBucharest1ParticipantMay 2024
Bpifrance Large VentureFranceParis1ParticipantMay 2024
Eric SchmidtUnited StatesNew York City, NY1ParticipantMay 2024
Aglaé VenturesFranceParis1ParticipantMay 2024
EurazeoFranceFrance1ParticipantMay 2024

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Acquisitions by H Company

H Company has acquired 1 company to date.

Last acquisition by H Company was on January 1st 2024. H Company acquired Mithril Security for undisclosed valuation.


Latest Acquisitions by H Company

Mithril Security
Description
Mithril Security is a Paris-based provider of a framework for secure data science collaboration. The platform enables federated learning and privacy-preserving analytics, allowing teams to train models on sensitive data without exposure. Mithril integrates with tools like PyTorch and supports deployment on cloud and on-premise environments for financial and healthcare applications.
HQ CountryFrance
HQ City
Paris
Deal Date1 Jan 2024
Valuationundisclosed
EV/Revenue
EV/EBITDA

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H Company Competitors

H Company competitors include listed companies like Datasection and Ropeok Technology Group, and private ones like SpotDraft, Ivo, ConductorOne and 11x.

Public and private companies comparable to H Company
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
SpotDraftIndiaBangalorePrivate$13M-$380M-
IvoUnited StatesSan Francisco, CAPrivate--$355M-
ConductorOneUnited StatesPortland, ORPrivate--$353M-
11xUnited StatesUnited StatesPrivate$10M-$350M35.0x
DatasectionJapanJapanPublicly listed$216M$27M$346M1.6x
Ropeok Technology GroupChinaChinaPublicly listed$23M($28M)$396M-

H Company Public Comps

H Company is still privately-owned, but its public comps include Datasection, Ropeok Technology Group, Vrain Solution, Coveo Solutions, Beijing Hanyi Innovation, AInnovation Technology, Abeja, Expert.ai, Appen and ExaWizards.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Datasection$216M$27M1.6x1.6x12.7x13.0x
Ropeok Technology Group$23M($28M)18.6x-(15.2x)-
Vrain Solution$21M$6M14.5x11.5x49.0x-
Coveo Solutions$148M($25M)1.2x1.2x(7.3x)107.6x
Beijing Hanyi Innovation$28M$5M15.6x13.9x89.9x50.9x
AInnovation Technology$226M($30M)0.7x0.8x(5.7x)(4.6x)
Abeja$23M$3M7.8x6.4x60.9x-
Expert.ai$53M$5M4.0x4.3x39.9x53.8x

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Common questions about H Company

When was H Company founded?H Company was founded in 2023.
Where is H Company headquartered?H Company is headquartered in Paris, France.
Is H Company publicly listed?No, H Company is a private, VC-backed company.
What is H Company's valuation?H Company was last valued at $370M in its seed round in May 2024.
How much funding has H Company raised?H Company has raised $220M across 2 funding rounds.
What was H Company's last funding round?H Company's last funding round was a $100M seed round in May 2024.
Who are H Company's investors?H Company's investors include Elaia, Bernard Arnault, Creandum, FirstMark, Amazon, UiPath, Bpifrance Large Venture, Eric Schmidt, Aglaé Ventures, Eurazeo and 2 others.
Which companies are comparable to H Company?Companies comparable to H Company include SpotDraft, Ivo, ConductorOne, 11x, Datasection and Ropeok Technology Group.
How many companies has H Company acquired?H Company has acquired 1 company, including Mithril Security.

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