Pryon, a Raleigh, NC-based company which specializes in bringing AI to knowledge management, raised $100M in Series B funding.
The round was led by Thomas Tull’s US Innovative Technology Fund (USIT) with participation from Aperture Venture Capital, BootstrapLabs, Breyer Capital, Duke Capital Partners, Good Growth Capital, Omnimed Capital, Revolution’s Rise of the Rest Seed Fund, and others. As part of the Series B round, Carolyne LaSala from Good Growth Capital and Elizabeth Stein from USIT joined Pryon’s Board of Directors.
The company intends to use the funds to accelerate the commercialization and adoption of its AI-enhanced knowledge management platform for private and public sectors.
Led by CEO and Founder Igor Jablokov, and President and COO Chris Mahl, Pryon provides an AI-enhanced knowledge management platform that transforms digital assets from multiple sources into solutions that measurably improve outcomes. It allows clients to unlock insights through natural language prompts via mobile and web. The platform remains anchored in the tenets of accuracy, scalability, security, and speed. From existing systems of record, Pryon’s no-code capabilities ingest multimodal content from across organizations, including audio, image, text, and video files, efficiently transforming them into a knowledge fabric.
The company’s knowledge operating system (OS) leverages fundamental advances in conversational interaction (CI), computer vision (CV), high performance computing (HPC), natural language processing (NLP), and speech recognition (ASR). Its no-code technology can be deployed in days and is scalable to meet the advanced needs of multinational entities and secure federal government agencies.
The solutions are used by clients in the energy, financials, government, healthcare, industrials, materials, technology, and utilities sectors.
FinSMEs
19/09/2023