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- Pryon
Pryon Valuation, Funding & Investors
Pryon is valued at $625M as of September 2023.
Last Pryon valuation
$625M
Series B · Sep 2023
Last Pryon funding round
Undisclosed stage
Amount undisclosed · Dec 2025
Cumulative funding Pryon raised
$156M
across 6 funding rounds
Key investors in Pryon
Good Growth Capital
Revolution
BootstrapLabs
Greycroft
Two Sigma Ventures
Breyer Capital
About Pryon
Pryon is a San Francisco-headquartered artificial intelligence company that delivers a knowledge search platform for enterprises. The platform indexes unstructured data from sources like emails, videos, and documents to enable instant answers and workflow automation. Pryon integrates with Microsoft Teams, Slack, and Salesforce to boost productivity across sales, support, and engineering teams. Launched in 2020, it processes petabytes of enterprise content with proprietary NLP models trained on billions of interactions. The company serves clients in Fortune 500 sectors including finance and healthcare, emphasizing zero-shot learning for domain-specific accuracy without retraining.
Founded
2017
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$625M (Sep 2023)
Pryon Valuation
Pryon is currently valued at $625M, based on its Series B in September 2023.
The $100M round was led by US Innovative Technology Fund, with participation from Breyer Capital, Aperture Venture Capital, Good Growth Capital, Omnimed Capital, Revolution and 4 other investors.
Pryon valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Sep 2023 | Series B | $625M |
Pryon Funding History
Pryon has raised a total of $156M across 6 funding rounds.
Pryon's first fundraising round was a $5M seed round in November 2018. The most recent completed round was a undisclosed-stage round in December 2025.
Pryon funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Dec 2025 | Undisclosed stage | - | - | - | - |
| Sep 2023 | Series B | US Innovative Technology Fund (lead); Breyer Capital; Aperture Venture Capital; Good Growth Capital; Omnimed Capital; Revolution; Triangle Tweener Fund; 7BC Venture Capital; Duke Capital Partners; BootstrapLabs | $100M | $625M | Pryon is an AI startup founded by Igor Jablokov, former IBM multimodal AI research leader, developing a platform that indexes and analyzes enterprise data to surface insights from knowledge bases. Described as a 'knowledge fabric,' it interfaces with third-party chatbots, converts data into searchable formats up to 2x more accurate and 10x faster than Amazon Kendra, indexes billions of documents without content migration, and handles real-time updates. The platform targets regulated enterprise environments like energy and government, securing clients including Dell, Nvidia, Westinghouse, and a dozen large enterprise and public sector customers. On September 19, 2023, Pryon closed a $100 million Series B funding round led by Thomas Tull's U.S. Innovative Technology Fund, 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 Triangle Tweener Fund, bringing total funding to $137 million. The post-money valuation was reported between $500 million and $750 million. Proceeds support growth, team expansion from 100 people, international presence, and strategic partnerships. Carolyne LaSala from Good Growth Capital and Elizabeth Stein from USIT joined the board. USIT focuses on dual-use tech for commercial and defense sectors including AI. |
| Jan 2023 | Undisclosed stage | US Innovative Technology Fund (lead); Piedmont Capital Investments; Aperture Venture Capital; Good Growth Capital; Omnimed Capital; Revolution; Triangle Tweener Fund; IronGate Capital Advisors; Carolina Angel Network; Duke Angel Network | $20M | - | - |
| Sep 2021 | Series A | Good Growth Capital (lead) | $12M | - | Pryon develops an AI-powered platform to index and analyze enterprise data, enabling insights from knowledge bases. The company received investments from Good Growth Capital in an equity financing round filed in September 2021, along with other investors including Steel Perlot and Micron Ventures. This funding supported Pryon’s acceleration in AI-enhanced knowledge management, featuring intelligent document processing for unstructured data using computer vision and natural language engines. Good Growth Capital participated in Pryon’s subsequent rounds, including a Series A - III of $18.6M on November 16, 2022, and a $100M Series B on September 19, 2023 led by Thomas Tull’s U.S. Innovative Technology Fund, bringing total raised to $137M at that time. The 2023 round valued Pryon between $500M and $750M post-money and supported team expansion, international growth, and partnerships. By 2023, Pryon achieved seven-figure annual recurring revenue and secured a dozen large enterprise clients including Dell, Nvidia, and Westinghouse. |
| Jun 2019 | Series A | Breyer Capital (lead); Revolution (lead); Plug and Play; Good Growth Capital; Engage Ventures; Greycroft; Digital Alpha; Tao Venture Partners; BootstrapLabs; Two Sigma Ventures | $20M | - | Pryon is a Raleigh, North Carolina-based enterprise AI startup developing intelligent software to automate enterprise workloads, access data, and enable informed decisions by surpassing state-of-the-art AI for workplace transformation. Founded by Igor Jablokov, it positions itself between complex emerging technologies and simple rules-based services, targeting enterprise adoption of AI-powered tools. The company closed a $20 million Series A funding round around June 11, 2019, led by Revolution’s Rise of the Rest Seed Fund and Breyer Capital, with participation from Greycroft, Digital Alpha Advisors, Engage, BootstrapLabs, Good Growth Capital, Plug and Play, Two Sigma Ventures, and others. This followed a $4.5 million seed round in November 2018 backed by some of the same investors including Engage, Greycroft, Two Sigma, and BootstrapLabs. At the time, Pryon had 20 employees across U.S. offices, planned to expand to 30-40 by year-end, and focused on raising its Southeast profile. It had completed several enterprise pilots, one company-wide deployment in progress, a backlog of test seekers, and maintained at least half a dozen active pilots. Investors like Jim Breyer highlighted its potential to transform work, while Steve Case noted its disruptive tech outside Silicon Valley. The deal drew notable investors outside typical theses, such as seed-focused Revolution and later-stage Digital Alpha. |
| Nov 2018 | Seed | BootstrapLabs (lead); Sequoia Scout; Good Growth Capital; Engage Ventures; Tech Square Ventures; Revolution; Greycroft; Full Tilt Capital; Attic Ventures; Carolina Angel Network; Triangle Angel Partners; Two Sigma Ventures | $5M | - | Pryon raised a seed round on or around November 13, 2018, led by BootstrapLabs with participation from Attic Ventures, Carolina Angel Network, Engage, Full Tilt Capital, Good Growth Capital, Greycroft, Revolution’s Rise of the Rest Seed Fund, Sequoia Scout, Tech Square Ventures, Triangle Angel Partners, and Two Sigma Ventures. This early funding supported the AI startup developing a platform for enterprise knowledge management. |
Who has invested in Pryon?
25 investors have backed Pryon across its funding rounds, including Good Growth Capital, Revolution, BootstrapLabs, Greycroft, Two Sigma Ventures and Breyer Capital.
Lead investors include US Innovative Technology Fund, Good Growth Capital, Breyer Capital, Revolution and BootstrapLabs.
Pryon Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 5 | Lead | Nov 2018 | ||
| 4 | Lead | Nov 2018 | ||
| 3 | Lead | Nov 2018 | ||
| 2 | Lead | Jun 2019 | ||
| 2 | Participant | Jan 2023 | ||
| -- | 2 | Participant | Nov 2018 | |
| 2 | Participant | Jan 2023 | ||
| 2 | Participant | Nov 2018 | ||
| 2 | Lead | Jan 2023 | ||
| 2 | Participant | Jan 2023 | ||
| 2 | Participant | Nov 2018 | ||
| 2 | Participant | Nov 2018 | ||
| 1 | Participant | Jan 2023 | ||
This data is available for Pro users. Sign up to see all 25 Pryon investors. Start Free Trial | ||||
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Start Free TrialPryon Competitors
Pryon competitors include listed companies like PKSHA Technology and ExaWizards, and private ones like Engram, Iambic, AUI (Augmented Intelligence) and PolyAI.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $140M | $47M | $627M | 2.4x | ||
| Private | - | - | $600M | - | ||
| Private | - | - | $600M | - | ||
| Publicly listed | $77M | $13M | $558M | 5.7x | ||
| Private | - | - | $750M | - | ||
| Private | - | - | $750M | - |
Pryon Public Comps
Pryon is still privately-owned, but its public comps include PKSHA Technology, Reconova Technologies, Unisound Ai Technology, Hanwang Technology Co, Baida Group Co, Shenzhen Sunwin, ExaWizards, Intelligo Technology, Horizon Quantum and Beijing Deep Glint Tech.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $140M | $47M | 4.1x | 2.4x | 12.2x | 10.7x | |||
| $66M | ($8M) | 10.0x | - | (82.0x) | - | |||
| $181M | ($22M) | 3.0x | 2.1x | (24.5x) | (36.1x) | |||
| $282M | ($14M) | 2.2x | - | (44.4x) | - | |||
| $31M | $9M | 13.6x | - | 45.2x | - | |||
| $20M | ($147M) | 37.7x | - | (5.0x) | - | |||
| $77M | $13M | 6.6x | 5.7x | 39.3x | - | |||
| $50M | $20M | 8.4x | 8.4x | 20.8x | - | |||
This data is available for Pro users. Sign up to see all Pryon competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Pryon
| When was Pryon founded? | Pryon was founded in 2017. |
| Where is Pryon headquartered? | Pryon is headquartered in Raleigh, NC, United States. |
| Is Pryon publicly listed? | No, Pryon is a private, VC-backed company. |
| What is Pryon's valuation? | Pryon was last valued at $625M in its Series B in September 2023. |
| How much funding has Pryon raised? | Pryon has raised $156M across 6 funding rounds. |
| What was Pryon's last funding round? | Pryon's last funding round was a undisclosed-stage round in December 2025. |
| Who are Pryon's investors? | Pryon's investors include Good Growth Capital, Revolution, BootstrapLabs, Breyer Capital, Aperture Venture Capital, Engage Ventures, Omnimed Capital, Greycroft, US Innovative Technology Fund, Triangle Tweener Fund and 15 others. |
| Which companies are comparable to Pryon? | Companies comparable to Pryon include PKSHA Technology, Engram, Iambic, ExaWizards, AUI (Augmented Intelligence) and PolyAI. |
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