Pryon Raises $100 Million in Series B Funding Led by Thomas Tull’s US Innovative Technology Fund


Pryon, a company specializing in bringing AI to knowledge management, has closed a $100 million Series B investment round led by Thomas Tull’s US Innovative Technology Fund (USIT). Existing investors, including Aperture Venture Capital, BootstrapLabs, Breyer Capital, Duke Capital Partners, Good Growth Capital, Omnimed Capital, and Revolution’s Rise of the Rest Seed Fund, also participated in the funding round.

Pryon was founded to address the disconnect between high-value content and stakeholders within organizations, which can result in stalled workflows and inefficiencies. The company’s platform uses AI and advanced technologies to transform unstructured data into actionable intelligence, making it easier for organizations to access, utilize, and leverage their knowledge assets. The platform supports multimodal experiences with chatbot or search-style interfaces, enabling users to securely access unstructured data via high-accuracy, hyper-contextual queries.

The funding will be used to accelerate Pryon’s growth, expand into international markets, augment its team, and scale its strategic partnerships. The company’s solutions are trusted by clients across various sectors, including energy, finance, government, healthcare, technology, and more.

Pryon’s platform aims to improve knowledge flow, empower decision-making, and provide organizations with a competitive advantage by offering confidential, trusted, and verifiable information.

Thomas Tull, Chairman of USIT, commented, “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.”

Pryon’s platform allows clients to unlock insights through natural language prompts via mobile and web, making it easy for users to access information and leverage AI capabilities for improved decision-making. The company’s technology is designed for accuracy, scalability, security, and speed, and it can ingest multimodal content, including audio, image, text, and video files, from various systems of record within organizations.

The Series B funding round also brought new members to Pryon’s Board of Directors, including Carolyne LaSala from Good Growth Capital and Elizabeth Stein from USIT, who will complement the company’s technology and ecosystem development expertise.

Igor Jablokov, Pryon Founder and CEO, said, “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.”

The platform’s no-code capabilities enable organizations to efficiently transform data into a knowledge fabric, and its enterprise-grade approach to model building includes optical character recognition (OCR), purpose-built large language models (LLMs), and proprietary connectors to maintain high assurance and security.

Related Stories