Pryon

AI platform for enhancing information access

Raleigh, North Carolina, United States

About Pryon

Pryon provides an AI-powered platform that helps organizations reduce "knowledge friction," which is the time employees waste searching for information across various formats and locations. The platform uses technologies like Computer Vision, Optical Character Recognition, and Large Language Models to read and understand content, creating a "Knowledge Fabric" that serves as a reliable source of information. This allows employees to quickly access the data they need, improving productivity and operational efficiency. Pryon operates on a subscription-based model, charging clients based on the number of users and data processed, which ensures a steady revenue stream. The goal of Pryon is to streamline information access within organizations, enabling employees to focus on problem-solving rather than searching for information.

Raleigh, North CarolinaHeadquarters
2017Year Founded
$132.8MTotal Funding
SERIES_BCompany Stage
Enterprise Software, AI & Machine LearningIndustries
51-200Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan
401(k) Company Match
Unlimited Paid Time Off

Risks

Rapid AI advancements could render Pryon's technology outdated without continuous innovation.
Reliance on Oracle Cloud Infrastructure poses risks if service agreements change.
Complex enterprise content challenges the accuracy of Pryon's Retrieval-Augmented Generation solutions.

Differentiation

Pryon transforms unstructured data into machine-readable formats with its Ingestion Engine.
The company offers a no-code AI platform, minimizing operational disruptions for clients.
Pryon's Retrieval Engine provides secure, scalable RAG solutions for complex enterprise content.

Upsides

Pryon's partnership with Carahsoft opens new revenue streams in the public sector.
Inclusion in the 2024 CB Insights AI 100 list boosts Pryon's visibility and investor appeal.
Oracle Cloud Infrastructure selection is expected to double Pryon's AI research productivity.