HoneyHive, an AI agent observability and evaluation platform, announced its general availability launch along with $7.4 million in total funding, including a $5.5 million seed round led by global software investor Insight Partners and a previously unannounced $1.9 million pre-seed round led by Zero Prime Ventures.
The funding round and GA launch follow notable growth, with over a 50 times increase in requests logged through the platform in 2024 alone. The seed funding round saw participation from prominent investors, including Zero Prime Ventures, 468 Capital, and MVP Ventures. 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).
This new funding will advance product development and team growth to meet market demand, focusing on advancing evaluation capabilities for emerging agent architectures, expanding observability features, and deepening enterprise integration options.
Multi-agent systems, complex interaction patterns, and long-running processes create observability challenges for enterprises that traditional monitoring tools cannot address. But HoneyHive’s platform, built on OpenTelemetry standards, enables organizations to comprehensively evaluate and monitor their AI agents throughout the whole lifecycle from initial development to large-scale production deployment.
During the 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. And 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.
KEY QUOTES:
“The transition from experimental AI agents to production-ready systems requires a fundamental shift in how we approach evaluation and monitoring. 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.”
- Mohak Sharma, CEO at HoneyHive
“Enterprise AI agents are evolving from performing simple tasks to becoming the building blocks of sophisticated AI systems. 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.”
- George Mathew, Managing Director at Insight Partners, who will join HoneyHive’s board of directors
“Enterprises are struggling to bridge the gap between AI agent prototypes and production-ready systems. By closing the loop between development and production monitoring, we help companies systematically evaluate their AI agents, catch failure modes early, and continuously improve performance based on real-world data. That’s why we’re seeing such strong demand from enterprises looking to scale their AI initiatives and achieve real ROI from their AI investments.”
- Dhruv Singh, CTO at HoneyHive
