About Pryon
Pryon is a company based in Raleigh (United States) founded in 2017 by Igor Jablokov. Pryon has raised $141.14 million across 4 funding rounds from investors including Micron Technology, Duke University and Good Growth Capital. Pryon offers products and services including Ingestion Engine, Retrieval Engine, and Generative Engine. Pryon operates in a competitive market with competitors including Cornerstone, Meltwater, Primer, Clarabridge and Elastic, among others.
- Headquarter Raleigh, United States
- Founders Igor Jablokov
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Pryon Inc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$141.14 M (USD)
in 4 rounds
-
Latest Funding Round
$100 M (USD), Series B
Sep 19, 2023
-
Investors
Micron Technology
& 20 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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.
People of Pryon
Unlock access to complete
Unlock access to complete
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 Total Funding
- Total Rounds 4
- Last Round Series B — $100.0M
-
First Round
First Round
(13 Nov 2018)
- Investors Count 21
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Series B - Pryon | Valuation | Aperture Venture Capital , Duke University | |
| Sep, 2021 | Amount | Series B - Pryon | Valuation |
investors |
|
| Jun, 2019 | Amount | Series A - Pryon | Valuation | Revolution |
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.
|
Founded Year | Domain | Location | |
|
BootstrapLabs is focused on seed-stage investments in AI technologies.
|
Founded Year | Domain | Location | |
|
Venture capital firm
|
Founded Year | Domain | Location |
Investments & Acquisitions by Pryon
Financial Statements - Pryon
Pryon Comparisons
Competitors of Pryon
Pryon 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 Cornerstone, Meltwater, Primer, Clarabridge and Elastic, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based HRMS platform powered by AI for workforce management.
|
|
| domain | founded_year | HQ Location |
Cloud-based social media monitoring and analytics are offered for businesses.
|
|
| domain | founded_year | HQ Location |
AI based text summarization and contextualization software tool
|
|
| domain | founded_year | HQ Location |
Customer intelligence platform on cloud
|
|
| domain | founded_year | HQ Location |
Cloud based text analytics platform
|
|
| domain | founded_year | HQ Location |
Enterprise text analytics are delivered through a cloud-based platform.
|
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 Series A of $24.64M, raised on Nov 13, 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.