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Research & analysis · Hebbia pricing

Hebbia pricing with Hebbia cost, Hebbia AI subscription cost and license cost per seat

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Thesis, bull and bear case, key metrics, comparables and risk flags, synthesized into one structured tear-sheet.

Thesis

Bull case

Bear case

This name is not publicly listed, so there is no market data to show. The card covers the thesis, both sides of the argument and the risk flags.

Key metrics

Comparables

Risk flags

Market data from public sources. Informational only, not financial advice. Qualitative card, no public market data for this name. Informational only, not financial advice.

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Equity analyst lit by a monitor in a dark office at night

Hebbia does not publish a price. Its pricing page carries a demo request and one line of positioning, and nothing you can put in a budget. The figures you will see quoted, about $10,000 a year for a Professional seat and $3,000 to $3,500 for a Lite seat, trace back to a single third-party estimate from the research firm Sacra, and the pricing indexes that repeat them label them unverified. The other number in circulation, $20,000 or more per user, is not a quote at all. It is a comparison to what a Bloomberg Terminal costs.

We checked the public record. Every federal dollar paid to Hebbia, three Department of the Air Force awards worth $3,124,419 in total, bought applied research and development rather than software seats, so unlike FactSet or S&P Capital IQ there is no government contract that names a per-seat rate. What the record does show is the cost most Hebbia budgets miss. PitchBook's own help documentation says its data reaches Hebbia only for customers who already hold a seat-based, unlimited or trial PitchBook license. The Hebbia seat is not the whole bill.

Investables.ai is a different and much smaller purchase. It costs $49 to $249 a month. Enter a ticker and you get a structured research card: what the business does, the key market figures and the comparables, the bull case, the bear case and the labeled risks. If your team reads hundreds of credit agreements and data room files per deal, Hebbia is built for that work. If you are one analyst who needs a fast, structured first pass on public companies, you do not need an enterprise seat contract to get it.

STOCKS ETFS CRYPTO STARTUPS

Both sides bull and bear

Risk flags on every card

The short answer

How much does Hebbia cost?

Hebbia does not publish pricing and sells through annual enterprise contracts negotiated with its sales team. The most cited third-party estimate puts a Professional seat at about $10,000 a year and a Lite seat at $3,000 to $3,500, and neither figure is confirmed by Hebbia. Premium data such as PitchBook requires your own separate license on top of the seat.

Why it works

What the quoted Hebbia prices leave out

Every widely quoted Hebbia price traces back to one estimate

Follow the numbers to their origin and they converge. Sacra's company profile gives about $10,000 a year for a Professional seat and $3,000 to $3,500 for a Lite seat. The Metronome pricing index repeats both and marks them estimated and unverified. The $20,000 figure on the eesel AI page is openly a guess by analogy to a Bloomberg Terminal, and the AI Agent Square pricing guide says no figures are disclosed at all. That is several pages and one underlying number. Use it as an opening anchor for a sales conversation, not as a line in a budget.

The federal record shows research contracts, not seat licenses

USAspending.gov lists three Department of the Air Force awards to Hebbia. FA864923P0424 paid $74,660 from October 2022 to February 2023 for next-generation AI-powered search. FA864923P1157 paid $1,249,930 from July 2023 to January 2025. FA861723CB006, a direct to Phase II SBIR award, paid $1,799,829 from September 2023 to September 2025. All three are coded as applied research and development services and none names a user count, so dividing them gives no per-seat price. For FactSet, Capital IQ and Bloomberg, signed federal contracts do name seat counts, which is why those prices can be checked and this one cannot.

Your data licenses are billed separately, and they can cost more than the seat

Hebbia connects to data vendors including PitchBook, FactSet, S&P Capital IQ and Preqin, but a connector is not a data license. PitchBook states that its Premium Connector for Hebbia requires a seat-based, unlimited or trial PitchBook license plus single sign-on. PitchBook seats are reported at $12,000 to $20,000 a year. On those reported figures, one analyst on a Professional Hebbia seat who also needs PitchBook data is looking at roughly $22,000 to $30,000 a year before any other feed. That total is our arithmetic, not a Hebbia quote.

What you get

AI company research without an enterprise seat contract

Enter any ticker and the research card lays out what the business does, the numbers that matter, the listed comparables, the bull case, the bear case and the labeled risks. No sales call, no annual term, no seat minimum and no separate data license to buy first.

  • Turns any US ticker into a structured research card in seconds
  • Costs $49 to $249 a month against a reported $3,000 to $10,000 per Hebbia seat a year
  • Puts the bull case and the bear case side by side with labeled risk flags
  • Needs no sales call, no seat minimum and no annual commitment
  • Covers small and mid caps that sell-side research rarely reaches
  • Works alongside a document platform rather than replacing one
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NVDA NVIDIA Corp.

Thesis

Dominant AI accelerator supplier. The debate is the durability of data-center demand versus a cyclical capex peak.

Bull

CUDA moat, near-monopoly share

Bear

Customer concentration, cycle risk

1D · 1Y · 52W 10-K · 10-Q 3 risk flags

Side by side

Hebbia cost on the record and what is only estimated

Each row names its source and says plainly whether the figure is confirmed, reported or estimated. Where we did arithmetic, the row says so.

Item Figure Status Source
Published price list None Confirmed Hebbia pricing page, demo request only
Professional seat About $10,000 a year Third-party estimate, unverified Sacra, repeated by the Metronome pricing index
Lite seat $3,000 to $3,500 a year Third-party estimate, unverified Sacra, repeated by the Metronome pricing index
$20,000 or more per user Not a quote Analogy to Bloomberg Terminal pricing eesel AI pricing article
Contract term At least one year, sales negotiated Reported Metronome pricing index
PitchBook data inside Hebbia Needs your own PitchBook license and SSO Confirmed PitchBook Premium Connector help documentation
PitchBook seat, for scale $12,000 to $20,000 a year Reported Investables.ai PitchBook cost guide
Federal awards to Hebbia $3,124,419 across three awards Research contracts, no seat count USAspending.gov, Department of the Air Force
Hebbia annual recurring revenue About $48 million, August 2026 Third-party estimate Sacra
Investables.ai, for scale $49 to $249 a month Published rate Investables.ai pricing page

We searched UK Contracts Finder and the EU tender portal for Hebbia and found no notices. Estimates are labeled as estimates: ask Hebbia for a written proposal that states seat type, term, minimum seat count and connector fees before you budget.

Why Investables.ai

From a reported $10,000 a seat to $49 a month

A Professional Hebbia seat is reported at about $10,000 a year before the data licenses its connectors expect you to hold. If the job is the first written pass on a public company rather than reading a data room at scale, that is a far smaller purchase.

Both sides, every time

The bull case and the bear case sit side by side, so you weigh the argument instead of reading a single take. Informational only, never a recommendation.

Risks on the page

Valuation, concentration and regulatory risks are flagged explicitly, so the downside is visible up front rather than buried in a footnote.

Faster diligence

A structured first pass in seconds means you spend your time on judgement, not on gathering, across stocks, ETFs, crypto and startups.

Good questions

Questions about hebbia pricing

Hebbia has not published a per-seat price. The figure most often quoted is about $10,000 a year for a Professional seat, used by people who build agents and workflows, and $3,000 to $3,500 a year for a Lite seat, used by people who consume outputs. Both come from the research firm Sacra and are unverified. Your quote depends on seat mix, term and deployment.
No. Hebbia's pricing page has no plans, rates or calculator, only a demo request, and there is no self-serve checkout. Every contract is quoted by sales. Hebbia also has no public procurement record that names a seat count: its only federal awards are Air Force research contracts, so there is no government rate card to check a quote against.
Hebbia is reported to sell named seats on annual contracts in two tiers, Professional and Lite, with usage inside each tier governed by a fair use policy rather than metered per document. Deals are said to start with Professional seats in a deal or credit team and expand with Lite seats to adjacent teams. Large firms negotiate custom enterprise terms on top.
On the reported figures, a five-person team with two Professional seats and three Lite seats would run about $29,000 to $30,500 a year before data licenses. That is our arithmetic from unverified estimates, not a Hebbia quote. Small teams should expect less discount than the firm-wide deals that shape the averages, and should ask whether any seat minimum applies.
Not as part of the seat. Hebbia connects to those vendors, but you need the underlying data license. PitchBook says its connector for Hebbia requires a seat-based, unlimited or trial PitchBook license and single sign-on credentials. Budget each data vendor as its own contract and confirm entitlement terms with that vendor before signing with Hebbia.
Because it is priced against the analyst time it replaces at large asset managers, banks and law firms, not against consumer AI tools. Hebbia also provides a forward-deployed team of former bankers and lawyers who configure templates and data sources for each client. Buyers who only need summaries of public filings are paying for capacity they will not use.
It can be for a deal, credit or legal team that reviews large document sets every week and can measure hours saved per transaction. It is hard to justify for one person researching public equities, because the seat price is reported in the thousands per year before data licenses. Run a scoped pilot with a written success metric before committing to annual seats.
It depends on the job. If you need a structured first pass on public companies, Investables.ai returns a research card per ticker with the thesis, key metrics, bull case, bear case and risks for $49 to $249 a month with no annual term. If you need to query a private data room, you still need a document platform built for that.
Both are quote-only. Rogo is most often quoted at about $3,300 per seat a year, against about $10,000 for a Professional Hebbia seat, and both figures are Sacra estimates. Our Rogo pricing guide checks that $3,300 against Rogo's own user count, and the arithmetic suggests the average paid per user is lower than the headline seat figure.
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