HoneyHive Announces $7.4M Funding and General Availability Launch

HoneyHive, a leading AI agent observability and evaluation platform, has announced its general availability launch alongside $7.4M in total funding. This funding includes a $5.5M Seed round led by global software investor Insight Partners and a previously unannounced $1.9M Pre-Seed round led by Zero Prime Ventures. The company experienced exceptional growth during its beta period, with over 50x increase in requests logged through the platform in 2024 alone.

The Seed round had participation from 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 and Savin Goel. 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.

HoneyHive's platform, built on OpenTelemetry standards, enables organizations to comprehensively evaluate and monitor their AI agents throughout the entire lifecycle. The company's beta period saw rapid customer adoption across industries, leading to the introduction of enterprise-grade features in the GA release.

HoneyHive's CTO, Dhruv Singh, emphasized the platform's role in helping companies systematically evaluate their AI agents and achieve real ROI from their AI investments. HoneyHive's enterprise-grade platform aims to enable organizations to build, test, and deploy sophisticated AI agent systems with confidence through comprehensive automated evaluation frameworks and OpenTelemetry-based observability.