$100m for Knowledge Management Specialist Pryon

In the US, AI-enhanced knowledge management platform Pryon has raised $100m in a Series B round of investment, which it will use to accelerate company growth, develop its team, and expand into international markets.

Pryon allows clients to unlock insights through natural language prompts via mobile and web. Its no-code tech comes with a choice of chatbot or search-style interfaces, enabling users to interrogate their institutions' unstructured data through hyper-contextual and low-latency queries. Use cases include external-facing customer service and support, internal-facing help desks and industrial maintenance, and engineering and sales enablement for technical products.

New funding was led by US Innovative Technology Fund (USIT), 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 others. Pryon founder and CEO Igor Jablokov (pictured) comments: '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'.

Web site: www.pryon.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.