About PriorLabs
PriorLabs is a Technology company based in Freiburg Im Breisgau (Germany) founded in 2024 by Frank Hutter, Sauraj Gambhir, and Noah Hollmann, and was acquired by SAP in May 2026. Tabular foundation models for data science workflows are developed. PriorLabs has raised $9.34 million across 3 funding rounds from investors including SAP, European Union and Balderton Capital. Its website priorlabs.ai draws about 38 thousand monthly visits. Its focus areas include High Tech, AI Infrastructure, Machine Intelligence Systems and Data Science Platforms. Its legal entity is Prior Labs GmbH.
Company details
PriorLabs was founded in 2024 as a developer of tabular foundation models within the AI and data science sector. These models are designed to streamline workflows by minimizing requirements for manual model selection, hyperparameter tuning, and feature engineering. High accuracy is achieved with limited datasets, supporting various data types and fine-tuning for industry-specific uses. Integration with common databases is scheduled for upcoming releases. Operations are based in an unspecified location.
- Headquarters Freiburg Im Breisgau, Germany
- Founders Frank Hutter, Sauraj Gambhir, Noah Hollmann
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website priorlabs.ai
- Social LinkedIn X
- Acquired by SAP (May 2026)
- Legal Name Prior Labs Gmbh
Funding Insights of PriorLabs
PriorLabs has successfully raised a total of $9.34M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $9.34 million completed in February 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $9.34M
- Total Rounds 3
- Last Round Seed — $9.34M
- First Round $52,644
(Jan 2017)
- Investors Count 13
All 3 funding rounds of PriorLabs with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2025 | $9.34M | Seed | – | Balderton Capital | |
| Aug 2017 | $59,052 | Grant | – | – | |
| Jan 2017 | $52,644 | Grant | – | – |
14 investors in total: 7 institutional and 7 angel.
Investors in PriorLabs
PriorLabs has secured backing from 14 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include SAP, European Union and Balderton Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multistage venture capital investments are focused on technology sectors. | 2000 | balderton.com | London, United Kingdom | |
Tech focused VC firm investing in early stage companies in Germany | atlanticlabs.de | Berlin, Germany | ||
Galion.exe is operated as a seed fund for software startups. | galion-exe.vc | |||
Algorithmic trading and financial services utilizing advanced machine learning technology. | 2015 | xtxmarkets.com | ||
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Cloud and AI-based ERP software is offered for enterprises. | 1972 | sap.com | Walldorf, Germany | |
PS Peter Sarlin | Angel investor and entrepreneur, focused on tech startups in India and Europe. | unknown_d5f5f4949b5f44d88 | ||
TW Thomas Wolf | Angel investor and co-founder of Hugging Face, AI and NLP expert | unknown_cc1ae91557184d9d9 | ||
GP Guy Podjarny | Co-founder of Snyk, angel investor, focused on security and dev tools. | unknown_108f4851d18a436ba | ||
EG Ed G | unknown_d4f7f2e4bf6c41ada |
Investor details for PriorLabs
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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People of PriorLabs
3 people are tracked at PriorLabs (3 in leadership).
| Name | Role | Group |
|---|---|---|
Frank Hutter | Co-Founder | Leadership |
Sauraj Gambhir | Co-Founder | Leadership |
Noah Hollmann | Co-Founder | Leadership |
Complete people profiles for PriorLabs
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of PriorLabs
4 dated milestones of PriorLabs across 9 years, from founding to its latest funding, stage changes and deals.
- Funding First funding round of $53K.
- Founded PriorLabs is founded.
- Funding Latest funding round, Seed, of $9.3M.
- Exit Acquired by SAP.
Web traffic of PriorLabs
The website of PriorLabs (priorlabs.ai) receives about 38.1K visits a month.
- Monthly visits38.1K
▲ 1.6% vs previous month
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Frequently Asked Questions about PriorLabs
PriorLabs was founded in 2024.
PriorLabs is headquartered in Freiburg Im Breisgau, Germany. It is registered at Freiburg Im Breisgau, Baden-wurttemberg, Germany.
PriorLabs is a funded company, having raised a total of $9.34M across 3 funding rounds to date. The company's 1st funding round was a Grant of $52.64K, raised on Jan 2017.
PriorLabs was founded in 2024 as a developer of tabular foundation models within the AI and data science sector. These models are designed to streamline workflows by minimizing requirements for manual model selection, hyperparameter tuning, and feature engineering. High accuracy is achieved with limited datasets, supporting various data types and fine-tuning for industry-specific uses. Integration with common databases is scheduled for upcoming releases. Operations are based in an unspecified location.
PriorLabs has 14 investors. Key investors include SAP, European Union, Balderton Capital, XTX Markets, and Hector Foundation.
PriorLabs operates through Prior Labs Gmbh.
Yes. PriorLabs was acquired by SAP in May 2026.