More Than $700 Million Funds Hark Round at $6 Billion Valuation
Key Facts
Hark announced in May 2026 that it had raised more than $700 million in a Series A funding round at a post-money valuation of $6 billion. Parkway Venture Capital led the round, with participation from NVIDIA, AMD Ventures and other investors, according to a company statement. Hark said investor interest was strong and the round was oversubscribed. The $6 billion valuation reflects the company's value after the funding, distinct from the amount raised, which exceeded $700 million. The round puts the startup at the forefront of a wave of investment in consumer-facing AI products.
Hark says it is working on an AI platform and personal assistant spanning the products and services customers use, with multimodal models capable of carrying out tasks. The company described its models as "agentic and multimodal, designed to remember who you are and what you say." The approach reflects the company's aim to connect the assistant to users' digital context, rather than limit it to text interactions alone. In March 2026, the company said it would develop models, devices and interfaces in parallel to build an integrated personal AI product. Founder and CEO Brett Adcock had described the devices used to access AI as "designed primarily for the pre-AI era," according to a TechCrunch report.
In October 2026, Hark launched the general release of Hark Pro, an assistant powered by a model trained to use computers that can carry out digital tasks and answer conversational questions. Users set the assistant's access to their email, calendar, hard drive and credit cards so it can complete digital tasks, TechCrunch reported. Design chief Abidur Chowdhury said a window showing the agent's web navigation is intended to build users' confidence that the assistant is carrying out the task correctly. The report also cited cybersecurity and privacy challenges associated with granting access to email, files and digital data. Chowdhury said data use is tied to helping users complete tasks, describing it as "task-related"; the report did not present this challenge as separate from how the product works.
The general release followed the August 2026 preview of Hark Handoff, an agent that uses a browser to complete tasks. The company said the tool can navigate websites that do not offer official APIs, and opened a waitlist for its platform, planning to make it available before the end of summer, according to TechCrunch. In March, the founder had launched Hark with $100 million in personal funding in late 2025, the same report said. The company says the funding round will help it hire and secure the infrastructure needed to develop its models. It added in May that its team had grown to about 70 people and that it had secured the infrastructure it needs.
Hark's product vision also extends to devices. The company said its upcoming devices would be designed for AI from the outset and integrated with its foundational models. When announcing the round, it said it would train the next generation of its models at an NVIDIA B200 data center, while expanding its team and securing infrastructure. In October, Chowdhury said the company plans to release an AI-ready device in 2027, without disclosing what it would look like. This follows the company's stated plan to pursue model, device and interface development in parallel. The available information did not specify a more precise launch date for the device.
In the latest trading data provided by EL7, NVIDIA shares closed at $204.64 on October 30, 2026, while AMD shares closed at $504.8 on the same day. These prices offer a snapshot of the two stocks after Hark announced its funding round in May and launched Hark Pro in October. The supplied data do not include a comparison with the previous session's close or a measure of share-price moves attributed to the funding news. The figures therefore describe the closing prices on that date without linking them to a specific cause. Hark's next announced product step is the AI-ready device planned for 2027.