Status
Available
Last Round Valuation
$50 Billion
Share Price
$50.00
Already have an account? Sign In
Pryon provides a trusted, safe, and proven path to implementing generative AI in enterprises. Pryon's best-in-class ingestion and retrieval engines can be paired with generative LLMs to implement retrieval-augmented generation and securely provide accurate, instant, and verifiable answers at enterprise scale. Using industry-leading retrieval technology, Pryon RAG Suite securely extracts answers from all forms of content, including audio, images, text, and video, stored in a myriad of sources. Pryon's products are intuitive to use, accessible via API from any system, and can be deployed in a matter of weeks in the cloud or on-premises. Created by the AI pioneers instrumental in developing Alexa, Siri, and Watson, Pryon is trusted by leading enterprises and government agencies. By reducing the distance between people and answers, Pryon builds high-performing, resilient, and responsive organizations.
Traditional generative AI approaches come with several risks, including vulnerabilities in intellectual property, outdated or incorrect data ("memorialized problems"), harmful outputs with little transparency, and legal concerns around copyright infringement. In contrast, Pryon mitigates these risks through foundational strategies such as not using customer data for model training, providing continuous content updates, ensuring verifiable confidence by linking answers to enterprise data, and deploying proprietary LLMs specifically designed for highly regulated industries like energy and government.
Pryon RAG Suite provides best-in-class ingestion, retrieval, and generative capabilities for building and scaling an enterprise RAG architecture.
Pryon Ingestion Engine reads content like a human and converts unstructured content into structured data, ready for retrieval.
Pryon Retrieval Engine excels at quickly matching user queries to your ingested content, resulting in accurate responses sent to the API endpoint of your choosing.
Pryon Generative Engine offers developers a flexible, reliable, and LLM-agnostic toolkit for implementing generative orchestration based on trusted content.
Market sentiment for Pryon remains strong, fueled by CEO Igor Jablokov, a renowned AI innovator. Jablokov’s work on Alexa, Siri, and IBM's Baby Watson, along with founding Yap (acquired by Amazon), bolsters confidence in Pryon’s leadership in the AI enterprise market. His proven track record continues to inspire trust in Pryon's potential to shape the future of business technology.
As reported by TechCrunch in September 2023, Pryon is performing well, achieving seven-figure annual recurring revenue and securing around a dozen major enterprise and public sector clients, including Dell, Nvidia, and Westinghouse.
In April 2024, CB Insights has named Pryon to its 2024 AI 100 list, recognizing it as one of the most promising private AI companies. This year’s winners were selected for addressing the toughest challenges in scaling AI across industries, and Pryon earned its place by pioneering best-in-class RAG solutions that enhance productivity through AI applications.
On April 3, 2024, Pryon was named one of KMWorld’s "100 Companies That Matter in Knowledge Management." This year’s list highlights companies leading the next generation of knowledge management, and Pryon was recognized for its best-in-class solution that transforms vast, fragmented, and rapidly evolving content into accurate, timely, and verifiable answers.
In May 2024, Pryon was featured in Booz Allen's report, “Top 10 Emerging Technologies for the Department of Defense (DOD) and National Security.” The report identifies dual-use technologies that Booz Allen expects to deliver immediate mission impact within the next one to three years, particularly in defense and intelligence. Pryon’s innovative approach to multimodal retrieval, enabling defense and national security institutions to deploy Retrieval-Augmented Generation (RAG) at scale, was highlighted as one of these critical technologies.
In June 2024, Pryon announced a partnership with Carahsoft Technology Corp., the Trusted Government IT Solutions Provider. Through this agreement, Carahsoft will serve as Pryon’s Public Sector distributor, offering Pryon’s Retrieval-Augmented Generation (RAG) solutions for generative AI (GenAI) to the Public Sector via Carahsoft’s reseller partners and contracts, including Information Technology Enterprise Solutions – Software 2 (ITES-SW2) and the National Association of State Procurement Officials (NASPO) ValuePoint.
Your access to private investment
Customers
Nulla malesuada justo velit, eget
Donec rhoncus sapien sit amet mauris consectetur convallis. Croin mollis eros vel orci.
Key Investors
Pellentesque tempus, ipsum id suscipit tristique, Aenean lacinia quis tortor sed, ornare Integer vel.
Size of Market
Mauris velit nisl, ultrices ut est quis, dapibus euismod tellus. Ut finibus ultricies sollicitudin. Vivamus a aliquet magna. Fusce lacinia urna in laoreet facilisis. Aliquam dignissim efficitur sapien eu convallis.
Market Position
Nam volutpat purus vel lacus pellentesque porttitor sed in orci. Vivamus porttitor sit amet tellus non sollicitudin. Suspendisse sit amet turpis nisi. In sem velit, interdum at augue id, eleifend tristique nunc, Maecenas scelerisque.
Industry
Mauris velit nisl
Primary Vertical
Artificial Intelligence
Employees
500
Mosaic Score
840
Money
760
Momentum
850
Management
760
Market
960
What is a Mosaic Score?
| Name | Work History | Title | Status |
|---|---|---|---|
| John Smith | Aenean, quam eu, diam dignissim | Chief Executive Officer | Current |
| John Smith | Aenean, quam eu, diam dignissim | Chief Executive Officer | Current |
| John Smith | Aenean, quam eu, diam dignissim | Chief Executive Officer | Current |
| John Smith | Aenean, quam eu, diam dignissim | Chief Executive Officer | Current |
Last Round
Sept. 2019, Series B1
Valuation Post-Money
$400.2M
Amount Raised
$2.5M
Total Funds Raised
$75.2M
Implied Valuation
$84M
| Date | Round | Amount | Valuation | Investors |
|---|---|---|---|---|
| MM/DD/YYYY | Growth Equity | $1M | $2.8B | Name goes here |
| MM/DD/YYYY | Growth Equity | $1M | $2.8B | Name goes here |
| MM/DD/YYYY | Growth Equity | $1M | $2.8B | Name goes here |
| MM/DD/YYYY | Growth Equity | $1M | $2.8B | Name goes here |
| Company | Valued | Revenue |
|---|---|---|
|
Coinbase San Francisco, CA |
$2.8B | $1.3B |
|
Coinbase San Francisco, CA |
$2.8B | $1.3B |
|
Coinbase San Francisco, CA |
$2.8B | $1.3B |
