Billionaire Thomas Tull Backs AI Firm Pryon in Financing Round
Sep 19, 2023 - bloomberg.com
Artificial intelligence startup Pryon Inc. has raised $100 million in a Series B funding round, primarily backed by billionaire Thomas Tull through his US Innovative Technology Fund. Pryon, which provides services to large enterprises, stated that about 80% of the new financing came from Tull's fund, according to the company's founder and CEO, Igor Jablokov.
Other contributors to the funding round include Aperture Venture Capital, BootstrapLabs, and Breyer Capital. The announcement was made in a statement released by Pryon on Tuesday and viewed by Bloomberg News.
Key takeaways:
Pryon Inc., an AI startup, has raised $100 million in new financing.
The majority of the funding was backed by billionaire Thomas Tull through his US Innovative Technology Fund.
About 80% of the Series B funding round comes from Tull.
Other investors include Aperture Venture Capital, BootstrapLabs and Breyer Capital.
