logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Pryon Raises $100M To Index And Analyze Enterprise Data

Sep 19, 2023about 2 years ago

Amount Raised

$100 Million

LiègeSoftware

Description

Pryon, a startup developing an AI-powered platform to look for insights in — and surface answers from — enterprise knowledge bases, today announced that it raised $100 million in a funding round led by Thomas Tull’s U.S. Innovative Technology Fund.

Company Information

Company

Pryon Inc

Location

4441 SIX FORKS ROAD, SUITE 106-136

Liège, Liège, Belgium

About

”Jablokov claims that it takes less than a second for Pryon to create, update or delete content on the platform in a privacy-preserving way — and that the platform leaves no trace of its indexing work. “It can meet the needs of the most regulated of environments, from energy to government, because of the unique way the platform safeguards content.” If you have legacy content in there, that’s OK, since Pryon uses computer vision, optical character recognition and handwriting recognition to understand what’s in there. Pryon has competition from the aforementioned Kendra as well as Microsoft SharePoint Syntex, which draws on knowledge bases to cobble together answers to company-specific questions. But Jablokov claims that Pryon is up to 2x more accurate than Kendra, ingests data up to 10x faster and can index billions of documents versus Kendra’s 100,000-document limit.

Related People

2 contacts

Sign in to view contact details

Sign in to view contact details

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech