Pryon – a pioneer in bringing AI to knowledge management – recently announced that it closed a $100 million Series B investment led by Thomas Tull’s US Innovative Technology Fund (USIT). This funding round also included continuing and new 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. This round of funding enables Pryon to accelerate its growth, augment its team, expand into international markets, and scale strategic partnerships.
Companies have been experiencing a disconnect between high-value content and their stakeholders, resulting in abandoned, defective, or stalled workflows. And Pryon was built to eliminate this knowledge friction and was developed by the creative minds behind Amazon’s Alexa, Apple’s Siri, and IBM’s Watson. Customers trust Pryon’s solutions in the energy, financial, government, healthcare, industrials, materials, technology, and utilities sectors.
Pryon’s first-of-its-kind knowledge operating system (OS) was achieved by inventing fundamental advances in conversational interaction (CI), computer vision (CV), high-performance computing (HPC), natural language processing (NLP), and speech recognition (ASR). And Pryon’s multimodal experiences come with a chatbot or search-style interfaces. They empower users to securely interrogate their institutions’ unstructured data via high-accuracy, hyper-contextual, and low-latency queries.
Depending on operational requirements, discoveries can be extractive to elevate literal passages or summarized via retrieval augmented generation (RAG). In both cases, outputs come with citations. To meet these standards, Pryon’s platform trains and deploys models operationalized on selected content, whether proprietary, public, or a blend of both – avoiding the potential hallucinations of foundational large language models (LLMs). This deconstructed and exclusive approach means that the company’s solutions are born self-contained without the risk of sensitive information exposure.
Pryon’s AI initiatives support organizations’ ESG goals through its compute and energy-efficient AI engines that feature rapid data vectorization. And that speed allows an initial deployment to be an order of magnitude less in duration than competing approaches, with updates to collections and not necessitating full model recompiles. The time to value is measured in days, not years, given breakthroughs in automation within the product.
Pryon was deployed for various use cases, including external-facing customer service and support, internal-facing help desks and industrial maintenance, and engineering and sales enablement for highly technical products.
Carolyne LaSala from Good Growth Capital and Elizabeth Stein from USIT joined Pryon’s Board of Directors in connection with the Series B funding round. And LaSala and Stein serve alongside existing directors Christopher Mahl, Igor Jablokov, and Kirsten Wolberg.
Pryon enables clients to immediately unlock insights through natural language prompts via mobile and the web. Designed for ease of use, this platform remains anchored in 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 enterprise-grade approach to model building includes optical character recognition (OCR), purpose-built large language models (LLMs), and proprietary connectors to ensure high assurance is maintained – which sets it apart from consumer-first generative tools.
KEY QUOTES:
“My lifelong goal, and Pryon’s mission, is to reduce the distance between knowledge and people, especially for those who make up the backbone of critical infrastructure. Our platform brings organizations to a state of knowledge flow, empowering a decision advantage grounded in confidential, trusted, and verifiable information. This funding round ensures Pryon’s continued leadership in transforming previously static content into actionable intelligence within academic, commercial, government, and nonprofit environments. We are galvanized to usher in this next phase of our evolution and are intensely proud to partner with Thomas Tull and his USIT team, who also recognize the immense value this technology delivers to the world.”
– Igor Jablokov, Pryon Founder and CEO
“In order for the U.S. to remain at the forefront of AI across both the private and public sectors, trustworthy computing is a fundamental requirement. Pryon’s unique innovations fill a void in America’s critical information systems, delivering augmented and secure intelligence to organizations of all sizes. We believe Pryon’s platform offers clients a competitive advantage and look forward to supporting the company as it scales its business to bring these important solutions to market.”
– Thomas Tull, Chairman of USIT
“We are thrilled to welcome Carolyne LaSala of Good Growth Capital and Elizabeth Stein of USIT to our board of directors. Carolyne’s tenure at Apple and Liz’s in the National Lab ecosystem complements Pryon’s deep technology, ecosystem development, and user experience foci while building a world-class team at all levels. My previous roles at Oracle and Salesforce defined that ‘shift happens’ in our industry. No firm has ever been better positioned to allow organizations to confidently leverage enterprise AI than Pryon is today.”
– Chris Mahl, Pryon President and COO
