About PriorLabs
PriorLabs is a company based in Freiburg Im Breisgau (Germany) founded in 2024 by Frank Hutter, Sauraj Gambhir, and Noah Hollmann was acquired by SAP in May 2026.. PriorLabs has raised $9.34 million across 3 funding rounds from investors including SAP, European Union and Balderton Capital. PriorLabs operates in a competitive market with competitors including SensiML, SAVVI, Aible, Jadbio and NextBrain, among others.
- Headquarter Freiburg Im Breisgau, Germany
- Founders Frank Hutter, Sauraj Gambhir, Noah Hollmann
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Prior Labs Gmbh
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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 Total Funding
- Total Rounds 3
- Last Round Seed — $9.3M
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First Round
First Round
(08 Jan 2017)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2025 | Amount | Seed - PriorLabs | Valuation | Balderton Capital | |
| Aug, 2017 | Amount | Grant - PriorLabs | Valuation |
investors |
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| Jan, 2017 | Amount | Grant - PriorLabs | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Multistage venture capital investments are focused on technology sectors.
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Founded Year | Domain | Location | |
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Tech focused VC firm investing in early stage companies in Germany
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Founded Year | Domain | Location | |
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Galion.exe is operated as a seed fund for software startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by PriorLabs
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - PriorLabs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Priorlabs Comparisons
Competitors of PriorLabs
PriorLabs operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SensiML, SAVVI, Aible, Jadbio and NextBrain, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of no-code based development platforms for IoT Devices
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| domain | founded_year | HQ Location |
Data-driven decision support solutions are provided through an integrated platform.
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| domain | founded_year | HQ Location |
AI-based data science tools are supplied to analysts and scientists.
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Automates machine learning for biomarker discovery and multi-omics data analysis.
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| domain | founded_year | HQ Location |
Offers no-code tools for machine learning, data preprocessing, and business predictions.
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| domain | founded_year | HQ Location |
Cloud-based machine learning platform is provided for enterprise applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Priorlabs
Frequently Asked Questions about PriorLabs
When was PriorLabs founded?
PriorLabs was founded in 2024.
Where is PriorLabs located?
PriorLabs is headquartered in Freiburg Im Breisgau, Germany. It is registered at Freiburg Im Breisgau, Baden-wurttemberg, Germany.
Is PriorLabs a funded company?
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 08, 2017.
What does PriorLabs do?
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.
Who are the top competitors of PriorLabs?
Who are PriorLabs's investors?
PriorLabs has 14 investors. Key investors include SAP, European Union, Balderton Capital, XTX Markets, and Hector Foundation.