About Pryon
Pryon is a Technology company based in Raleigh (United States) founded in 2017 by Igor Jablokov. It operates as an AI-powered text analytics are provided for enterprise document analysis. Pryon has raised $141.14 million across 4 funding rounds from investors including Micron Technology, Duke University and Good Growth Capital. Its chief executive is Igor Jablokov. Its website pryon.com draws about 10 thousand monthly visits. Pryon offers products and services including Ingestion Engine, Retrieval Engine, and Generative Engine. Its focus areas include Enterprise Applications, Big Data Analytics, Data Discovery & Visualization and Discovery. Its legal entity is Pryon Inc. Its competitors include Cornerstone, Meltwater, Primer, Clarabridge and Elastic and 4 more; 7 of its 9 listed competitors have raised funding.
Company details
Platform offering AI powered text analytics solutions. It leverages AI that enables users to identify answers inside the organization documents and convert enterprise content into information for customers and employees. The platform leverages machine learning to orchestrate information across channels with awareness, natural language, and other techniques to provide answers for situations enabling executives to query their internal software platforms. It caters its solution to industries such as manufacturing, healthcare finance automotive, and more.
- Total Equity Funding$141.14M (USD)
in 4 rounds
- Latest Funding Round$100M (USD), Series B
Sep 2023
- InvestorsMicron Technology
& 20 more
Products & Services of Pryon
Pryon offers a comprehensive portfolio of products and services, including Ingestion Engine, Retrieval Engine, and Generative Engine.
Converts fragmented content into structured data for retrieval.
Delivers accurate answers with natural language queries.
Generates conversational responses using retrieval-augmented prompts.
Funding Insights of Pryon
Pryon has successfully raised a total of $141.14M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $100 million completed in September 2023. 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 $141.14M
- Total Rounds 4
- Last Round Series B — $100M
- First Round $4.5M
(Nov 2018)
- Investors Count 21
All 4 funding rounds of Pryon 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 |
|---|---|---|---|---|---|
| Sep 2023 | $100M | Series B | – | Aperture Venture Capital, Duke University | |
| Sep 2021 | $12M | Series B | – | – | |
| Jun 2019 | $24.64M | Series A | – | Revolution | |
| Nov 2018 | $4.5M | Seed | – | – |
21 investors in total: 20 institutional and 1 angel.
Investors in Pryon
Pryon has secured backing from 21 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Micron Technology, Duke University and Good Growth Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments in technology companies are made by Aperture VC. | – | aperturevc.com | - | |
BootstrapLabs is focused on seed-stage investments in AI technologies. | – | bootstraplabs.com | - | |
Venture capital firm | – | breyercapital.com | Menlo Park, United States | |
Early-stage investments are made in life sciences and technologies. | 2017 | goodgrowthvc.com | Charleston, United States | |
Revolution is recognized as a D.C.-based investment firm. | – | revolution.com | Washington, Dc, United States | |
Venture capital fund investment in AI, machine learning, and cybersecurity startups | – | usinnovativetechnologyfund.tcc.mode | - | |
- | – | 3igventures.com | - | |
Venture capital investing with a focus on diversity and inclusion in the ecosystem. | – | gaingels.com | - | |
- | – | piedmontcapitalpartners.com | - | |
Multiple sectors are targeted for venture capital investments by Greycroft. | – | greycroft.com | New York, United States |
Investor details for Pryon
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
People of Pryon
38 people are tracked at Pryon (13 in leadership, 4 in board & advisors, 21 in team).
| Name | Role | Group |
|---|---|---|
Igor Jablokov | Founder & CEO | Leadership |
Chris Mahl | CEO & COO | Leadership |
David Nahamoo | Chief Scientist | Leadership |
Michael Eiter | Head of Strategy & Program Development, Federal | Leadership |
Eric Poley | Vice President, WW Sales | Leadership |
Stacy Brown | Director, Defense Programs | Leadership |
Kaitlin Hart | Director Of Strategic Partnerships | Leadership |
Jason O'Neill | Vice President & Head Of People | Leadership |
Ryan Marshall | Head Of Operations | Leadership |
Jason Zhou | Chief Customer Officer | Leadership |
Brianna Reilly | HR Business Partner & People Ops Manager | Leadership |
Jeremy Hogg | Vice President, Public Sector Sales | Leadership |
Parker Fox | General Manager, Commercial | Leadership |
J.D. Vance | Director | Board & advisors |
Rick Shrotri | Observer | Board & advisors |
Kirsten Wolberg | Board Director | Board & advisors |
Will Szczerbiak | Observer | Board & advisors |
Steven Rennie | Senior Research Scientist | Team |
Jimmy Connolly | Sr Federal Account Executive | Team |
John Hoang | Strategic Customer Success Manager | Team |
18 more people are available in the full profile.
Complete people profiles for Pryon
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Timeline of Pryon
3 dated milestones of Pryon across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Pryon is founded.
- Funding First funding round of $4.5M.
- Funding Latest funding round, Series B, of $100.0M.
Competitors of Pryon
Pryon has 9 listed competitors in our database, 7 of them funded. They include Cornerstone, Meltwater, Primer, Clarabridge and Elastic, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cornerstoneondemand.com | 1999 | Santa Monica, United States | $87.95M | 1,204 | Cloud-based HRMS platform powered by AI for workforce management. | |
| meltwater.com | 2001 | San Francisco, United States | – | 1 | Cloud-based social media monitoring and analytics are offered for businesses. | |
| primer.ai | 2015 | San Francisco, United States | $222.7M | 194 | AI based text summarization and contextualization software tool | |
| clarabridge.com | 2006 | Reston, United States | $124.94M | – | Customer intelligence platform on cloud | |
| elastic.co | 2012 | Mountain View, United States | $104M | 3,187 | Cloud based text analytics platform | |
| coveo.com | 2005 | Quebec, Canada | $358.34M | 776 | Enterprise text analytics are delivered through a cloud-based platform. | |
| cohere.com | 2019 | Toronto, Canada | $1.54B | – | Text data analytics platform powered by AI for enterprises. | |
| glean.com | 2019 | Palo Alto, United States | $765.3M | 258 | Cloud-based platform for enterprise search | |
| kornferry.com | 1969 | Los Angeles, United States | – | 8,678 | Talent acquisition and consulting services are provided globally. |
Detailed competitors of Pryon
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Pryon
The website of Pryon (pryon.com) receives about 10K visits a month.
- Monthly visits10K
▼ 15.8% vs previous month
Top companies in AI Core Platforms & Infrastructure
10 companies that operate in the same segment as Pryon (AI Core Platforms & Infrastructure), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
OpenAI is engaged in developing advanced artificial intelligence technologies. | 2015 | San Francisco, California, United States | USD 167.95 B | – | – | |
AI models and chatbots are offered for industry applications. | 2021 | San Francisco, California, United States | USD 66.81 B | – | – | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 | |
AI-powered graphical processing units and SoCs | 1993 | Santa Clara, California, United States | USD 5 M | USD 130.5 B | 36,000 | |
A platform for the AI community to collaborate and build. | 2016 | Paris, France | USD 399.91 M | – | – | |
Digital marketing, data analytics, and IT services are provided globally. | 1981 | Bengaluru, Karnataka, India | – | USD 19.08 B | 323,580 | |
Machine learning model development and management solutions are provided. | 2017 | San Francisco, California, United States | USD 250 M | – | 150 | |
Provider of website, web & mobile application development, BI, and digital marketing services | 2007 | Jaipur, Rajasthan, India | USD 570.12 M | USD 102.68 M | 461 | |
AI-based robotic arms are developed for industrial automation tasks. | 2010 | San Francisco, California, United States | USD 123.02 M | – | – | |
Enterprise observability solutions are delivered via cloud and AI platforms. | 2008 | San Francisco, California, United States | USD 196.44 M | – | – |
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Related news about Pryon
Complete news archive for Pryon
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Frequently Asked Questions about Pryon
Pryon was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Pryon is headquartered in Raleigh, United States. It is registered at Raleigh, North Carolina, United States.
Igor Jablokov is the current CEO of Pryon. They have also founded this company.
Pryon is a funded company, having raised a total of $141.14M across 4 funding rounds to date. The company's 1st funding round was a Seed of $4.5M, raised on Nov 2018.
Platform offering AI powered text analytics solutions. It leverages AI that enables users to identify answers inside the organization documents and convert enterprise content into information for customers and employees. The platform leverages machine learning to orchestrate information across channels with awareness, natural language, and other techniques to provide answers for situations enabling executives to query their internal software platforms. It caters its solution to industries such as manufacturing, healthcare finance automotive, and more.
Pryon's top competitors include Cornerstone, Primer and Cohere.
Pryon offers Ingestion Engine, Retrieval Engine, and Generative Engine.
Pryon has 21 investors. Key investors include Micron Technology, Duke University, Good Growth Capital, Aperture Venture Capital, and BootstrapLabs.
Pryon operates through Pryon Inc.