Pryon

About Pryon

Pryon is an artificial intelligence company headquartered in Raleigh, North Carolina, that provides an AI and knowledge management platform for enterprises. The company was founded in 2017 by Igor Jablokov, a computer engineer and entrepreneur who previously founded Yap, the voice recognition company whose technology formed the basis for Amazon's Alexa. Jablokov's background also includes leading the team at IBM that designed the precursor to Watson.

Pryon's core offering is its Retrieval-Augmented Generation (RAG) Suite, recently reframed as an "AI Memory Layer," which acts as a secure foundation for enterprise generative and agentic AI implementations. This platform is designed to ingest and process vast amounts of unstructured enterprise data—including text, audio, images, and video—from a wide array of sources like Microsoft SharePoint, Google Drive, and Salesforce. It then uses proprietary AI models to provide accurate, verifiable, and instant answers to natural language queries, avoiding the hallucinations often associated with large language models by grounding responses in the company's own trusted content. The system can be deployed in various environments, including on-premises, in the cloud, or in secure air-gapped facilities, with implementation times as short as a few weeks.

The business model centers on providing this platform to large enterprises and government agencies. Clients use Pryon's technology for use cases such as customer service chatbots, internal help desks, and sales enablement, with the goal of increasing employee productivity and improving decision-making. Pryon has attracted notable clients including Dell Technologies, NVIDIA, and the World Economic Forum. The company has raised a total of $140M in funding, including a significant $100 million Series B round in September 2023, led by Thomas Tull's US Innovative Technology Fund (USIT).