What does HoneyHive do?
HoneyHive provides an enterprise-grade platform that enables organizations to build, test, and deploy AI agent systems. Its platform leverages comprehensive automated evaluation frameworks and OpenTelemetry-based observability to help teams prevent mistakes and ensure optimal AI agent performance at scale.
How much did they raise?
The company raised a total of $7.4M, comprising a $5.5M Seed round led by Insight Partners and a $1.9M Pre-Seed round led by Zero Prime Ventures. Other participants in these rounds include 468 Capital, MVP Ventures, AIX Ventures, Firestreak Ventures, and angel investors such as Jordan Tigani and Savin Goel.
What are their plans for the money?
HoneyHive plans to use the funds to accelerate product development and grow its team, with a focus on advancing evaluation capabilities for emerging agent architectures, expanding observability features, and deepening enterprise integration. This investment is expected to enhance the platform's innovation and market reach.
What have they achieved so far?
During its beta period, HoneyHive doubled its team size and quickly gained traction with a diverse range of customers, from innovative AI startups to Fortune 100 companies in the insurance and financial services sectors.