NEW YORK— HoneyHive, an AI agent observability and evaluation platform, has announced its general availability launch alongside $7.4 million in total funding, including a $5.5 million Seed round led by software investor Insight Partners and a previously unannounced $1.9 million Pre-Seed round led by Zero Prime Ventures. The funding and GA launch follow exceptional growth during the company’s beta period, with over 50x increase in requests logged through the platform in 2024 alone according to the company. The Seed round saw participation from prominent investors including Zero Prime Ventures, 468 Capital, and MVP Ventures, while the Pre-Seed round included AIX Ventures, Firestreak Ventures, and notable angel investors such as Jordan Tigani (CEO at Motherduck) and Savin Goel (CTO at Outerbounds). The new funding will accelerate product development and team growth to meet market demand, with a focus on advancing evaluation capabilities for emerging agent architectures, expanding observability features, and deepening enterprise integration options.
As enterprises deploy increasingly sophisticated AI agents, the challenges of evaluation and monitoring have grown exponentially. Multi-agent systems, complex interaction patterns, and long-running processes create observability challenges that traditional monitoring tools cannot address. HoneyHive’s platform, built on OpenTelemetry standards, enables organizations to comprehensively evaluate and monitor their AI agents throughout the entire lifecycle – from initial development to large-scale production deployment.
“The transition from experimental AI agents to production-ready systems requires a fundamental shift in how we approach evaluation and monitoring,” said Mohak Sharma, CEO at HoneyHive. “Our GA release builds on the lessons learned from our beta customers, delivering a comprehensive platform that addresses the challenges of complex agent architectures. With today’s funding announcement and general availability of our agent evaluation platform, we’re enabling enterprises to deploy AI agents to production with confidence.”
“Enterprise AI agents are evolving from performing simple tasks to becoming the building blocks of sophisticated AI systems,” said George Mathew, Managing Director at Insight Partners, who will join HoneyHive’s board of directors. “HoneyHive’s approach of leveraging traces for evaluations and monitoring within multi-agent architectures, plays a critical role in the enterprise AI stack. The team’s awesome execution and deep technical expertise positions us well in this segment of the observability market.”
During its beta period, HoneyHive doubled its team size and saw rapid customer adoption across industries, from innovative AI startups to Fortune 100 companies in insurance and financial services. The platform’s sophisticated approach to agent evaluation, combined with its enterprise-ready features, has made it an essential tool for organizations building and deploying complex AI systems at scale.
