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Pryon

pryon.com

Founded Year

2017

Stage

Series A - II | Alive

Total Raised

$37.18M

Last Raised

$12M | 1 yr ago

About Pryon

Pryon is an AI integration company that streamlines AI adoption for corporations and develops an AI-based enterprise workflow automation platform designed to connect staff directly to the insights, workflows, and information required to gain optimized performance and knowledge and make better decisions. The platform allows companies to query their internal software platforms directly and get responses immediately with reduced complexity and time. The company was founded in 2017 and is based in Raleigh, North Carolina.

Headquarters Location

1017 Main Campus Dr Suite 2300

Raleigh, North Carolina, 27606,

United States

919-230-4526

Pryon's Product Videos

ESPs containing Pryon

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Consumer & Retail / Retail Tech

Platforms in this market support customer service agents with conversation review tools, smart suggestions, live translation, quality assurance, and online session replays, among other agent-centric solutions.

Pryon named as Challenger among 14 other companies, including Calabrio, Unbabel, and Observe.ai.

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Pryon's Products & Differentiators

    Pryon Platform

    Offered both as a desktop/mobile interface and as an API to augment chatbots, collaboration tools, and IVAs, Pryon transforms legacy content into interactive experiences for customer support and employee augmentation.

Research containing Pryon

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Pryon in 2 CB Insights research briefs, most recently on Aug 4, 2021.

Expert Collections containing Pryon

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Pryon is included in 5 Expert Collections, including Digital Health.

D

Digital Health

8,838 items

Startups recreating how healthcare is delivered

R

Robotic Process Automation

322 items

RPA refers to the software-enabled automation of data-intensive tasks that are low-skill but highly sensitive operationally, including data entry, transaction processing, and compliance.

A

Artificial Intelligence

9,442 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

C

Customer Service Tech

987 items

Companies offering technology-driven solutions for brands and retailers to enable customer service before, during, and after in-store and online shopping.

A

AI 100

100 items

Winners of CB Insights' 5th annual AI 100, a list of the 100 most promising private AI companies in the world.

Pryon Patents

Pryon has filed 1 patent.

The 3 most popular patent topics include:

  • Computational linguistics
  • Natural language processing
  • Cloud storage
patents chart

Application Date

Grant Date

Title

Related Topics

Status

9/1/2021

7/12/2022

Cloud storage, Computer memory, File hosting, File sharing services, Parallel computing

Grant

Application Date

9/1/2021

Grant Date

7/12/2022

Title

Related Topics

Cloud storage, Computer memory, File hosting, File sharing services, Parallel computing

Status

Grant

Latest Pryon News

Natural Language Processing Market Size [2021-2028] Exhibits 29.4% CAGR to Reach USD 127.26 Billion by 2028

Oct 18, 2022

Deployment, Enterprise Size, Technology, Industry Vertical and Geography Factors such as the increasing adoption of smart devices and the growing adoption of NLP technology in healthcare settings are expected to favor the adoption of the product globally. For instance, in January 2021, Pryon Inc, an AI company, introduced an NLP platform that aids the companies to add no-code AI capabilities and deploy NLP projects easily with the help of virtual assistants and smart devices. The drastic effect of the global pandemic, COVID-19, has been felt across several economies facing unprecedented loss. Owing to the lockdown announced by the government agencies, several industries have been at a standstill with limited operational activities. However, a collective effort from the government and the industries is likely to bring the economy back on track and aid in the resumption of industrial activities. Click here to get the short-term and long-term impact of COVID-19 on this Market: Increasing Demand from Healthcare Sector to Aid Growth The growing adoption of digital technology across healthcare institutions has led to the production of significant data. It is vital to handle the data efficiently to gain data-insights. This has led to the increasing adoption of analytics-driven methodologies to easily analyze large amounts of data. Moreover, the massive amount of patient data and electronic health records has enabled the healthcare sector to adopt advanced technologies to review, search, and interpret large volumes of patient data. Therefore, the surging demand from the healthcare sector is expected to contribute to the global NLP market growth during the forecast period. Market Segmentation: Based on deployment, the market is trifurcated into on-premises, cloud, and hybrid. On the basis of enterprise size, the market is classified into SMEs and Large Enterprises. Moreover, based on the technology, the market is divided into interactive voice response (IVR), optical character recognition (OCR), text analytics, speech analytics, classification and categorization, pattern and image recognition, and others. On the basis of industry vertical, the market is segmented into healthcare, retail, high tech, and telecom, banking, financial services and insurance (BFSI), automotive & transportation, advertising & media, manufacturing, and others. Lastly on the basis of region, the market is segregated into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Regional Insights: North America – The region stood at USD 6.21 billion in 2020 and is expected to hold the largest global natural language processing market share in terms of revenue in the forthcoming years. This is due to the presence of established companies that are focusing on adopting advanced solutions to improve business processes in the region. Asia-Pacific – The market in the region is expected to gain traction backed by the supportive government initiatives that promote the adoption of advanced technologies such as natural language processing in the businesses. Have Any Query? Ask Our Experts: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/natural-language-processing-nlp-market-101933 Report Coverage: The market for natural language processing report includes qualitative and quantitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, which are contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to announce partnerships, introduce new products, and collaboration that will further contribute to the growth of the market between 2021 and 2028. Moreover, the research analyst has adopted several research methodologies such as SWOT and PESTEL analysis to extract information about the current trends and industry developments that will drive the market growth during the forecast period. Competitive Landscape: Product Innovation by Major Companies to Strengthen Their Market Positions The market is segmented into several major companies striving to maintain their dominance by introducing innovative natural language processing solutions to cater to the industrial applications. Additionally, the adoption of strategies such as merger and acquisition, collaboration, and partnership by other key players is expected to boost market growth during the forecast period. List of the Companies Operating in NLP Market: Amazon Web Services, Inc. (Washington, United States) Baidu, Inc. (Beijing, China) Hewlett Packard Enterprise Development LP (HPE) (California, United States) IBM Corporation (New York, United States) Google, Inc. (California, United States) Intel Corporation (California, United States) Inbenta (California, United States) Veritone Inc. (California, United States) SAP SE (Walldorf, Germany)

Pryon Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Pryon Rank

Pryon Frequently Asked Questions (FAQ)

  • When was Pryon founded?

    Pryon was founded in 2017.

  • Where is Pryon's headquarters?

    Pryon's headquarters is located at 1017 Main Campus Dr, Raleigh.

  • What is Pryon's latest funding round?

    Pryon's latest funding round is Series A - II.

  • How much did Pryon raise?

    Pryon raised a total of $37.18M.

  • Who are the investors of Pryon?

    Investors of Pryon include Good Growth Capital, Revolution Rise Of The Rest Seed Fund, Greycroft, BootstrapLabs, Breyer Capital and 22 more.

  • Who are Pryon's competitors?

    Competitors of Pryon include Klaus, Soffos, i2x, Observe.ai, Cresta, Cyara, Cogito, Intradiem, Coveo, Aquant and 18 more.

  • What products does Pryon offer?

    Pryon's products include Pryon Platform.

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