AI Startup Hebbia Wants Wall Street to Fire Excel, Not You
Hebbia, a 5-year-old Silicon Valley sprout, is here to plunge investment banking’s soul-crushing Excel misery into the Matrix. Founded in 2020 by ex-Stanford PhD dropout Geroge Sivulka—a name only slightly less confused than their spelling—this startup snagged a $130 million Series B from tech fat cats like Andreesen Horowitz, Google Ventures, and Peter Thiel (yes, billionaire meme lord). They claim hundreds of seats are held by sell-side bankers at mystery firms while the buy side gobbles up most licenses, saving banks from the heartbreak of $5-20 million internal AI experiments. Hebbia’s secret sauce? A ‘Matrix’ interface slicing through corporate filings like a caffeinated analyst on December 31, helping bankers zip through memos, decks, and deal hunts faster than they can spill their fourth lukewarm coffee.
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Investment bankers upgrading from Excel to Hebbia’s AI are officially the 'Matrix analysts'—because why suffer all-nighters and broken dreams when you can let AI break your spirit instead?
Forget firing analysts, Wall Street just invented the corporate microwave: put in boring spreadsheets, press start, and get a deck burned to a crisp in minutes.
Peter Thiel’s $130M AI babysitter for bankers is basically Excel on steroids with a trust fund—finally, an assistant that won’t steal your lunch.
Source: Businessinsider | Published: 10/21/2025 | Author: Reed Alexander
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