Company intelligence

Prime Intellect

As of July 8, 2026, Prime Intellect was last valued at $1B (July 2026 Series A) and has raised at least $130M in equity across 1 sourced funding round.

Prime Intellect provides AI infrastructure — compute access, reinforcement learning tooling, and evaluation infrastructure — that lets enterprises train and deploy their own AI agents without depending on a frontier AI lab.

AI infraSan Francisco, California, USAFounded 2024Website ↗See connections →Compare with Emerald AI
Last verified Jul 8, 2026

Prime Intellect at a glance

As of
Latest valuation
$1B[1]
Series A · July 2026
Equity raised
$130M[2]
Across 1 sourced roundDerived
Lead investors
Radical Ventures[3]
Series A · July 2026
Founded
2024[4]
  1. [1] Latest valuation: TechCrunch, July 8, 2026
  2. [2] Equity raised: Sum of the 1 sourced equity round in the funding history below (debt, tender offers and rumored rounds excluded), July 8, 2026
  3. [3] Lead investors: TechCrunch, July 8, 2026
  4. [4] Founded: TechCrunch (retrieved July 8, 2026)

What Prime Intellect does

The company was founded in January 2024 and is based in San Francisco.[1] Its platform is built on Verifiers and Prime-RL, two open-source toolkits it released for building training environments and spreading training runs across thousands of GPUs.[2] In October 2026 Prime Intellect agreed to acquire Moondream, a maker of open-source vision models and inference software; terms were not disclosed.[1],[3]

Business model and customers

Prime Intellect sells compute, reinforcement learning tools and evaluation infrastructure that let companies train and run their own AI agents instead of relying on frontier labs.[3] Customers include Ramp and Zapier, which pay for a hosted version of its tools.[3] TechCrunch reported the company had reached an annualized revenue run rate of $100 million.[1],[3] The company says it has more than 6,000 customers across compute, post-training, sandboxes, inference and evaluations.[4]

Leadership

  • Vincent Weisser is co-founder and CEO.[3]

Prime Intellect profile

written 2026-10-24

Prime Intellect, a San Francisco AI training platform, raised a $130M round led by Radical Ventures in July 2026; TechCrunch reports a $1B valuation.

What Prime Intellect does

Prime Intellect runs a platform that lets companies train, evaluate and deploy their own AI models, with an emphasis on reinforcement learning. TechCrunch describes it as a startup that provides computing power and specialized software tools to help companies build AI agents. The company calls the whole offering the open superintelligence stack, which it says spans compute, large-scale RL, environments, sandboxes, evals and deployment.[1],[2]

Prime Intellect's platform works like a marketplace, according to TechCrunch, so customers can pick the tools they need instead of buying an all-or-nothing system. SiliconANGLE reports that training runs on two open-source toolkits the company released, Verifiers and Prime-RL, and that finished models can be deployed on inference capacity bought from more than 50 data centers through an auction-like system.[1],[3]

Prime Intellect also trains open models of its own. SiliconANGLE says it trained Intellect-3, a model with more than 100 billion parameters, and that the company claims it outperformed similarly sized models on several reasoning benchmarks. That benchmark claim is the company's and was not checked here.[3]

History

TechCrunch says Prime Intellect was founded in 2024, and TokenPost puts the founding in January 2024 and the company in San Francisco. TechCrunch describes its goal as giving organizations the capability to train their own agentic systems without relying on frontier AI labs.[1],[4]

On Oct 13, 2026, Prime Intellect said it had acquired Moondream, whose founders Vik Korrapati and Jay Allen are joining to lead and scale inference and to speed up multimodal work, including vision and computer use. Moondream had been one of Prime Intellect's earliest customers. TokenPost, which described the deal as pending, reported that Moondream had fewer than 10 employees, had raised $4.5 million and had more than 5 million monthly downloads. Price, structure and closing date were not disclosed.[5],[4]

Funding

Prime Intellect announced on February 28, 2025, that it had raised $15M led by Founders Fund, with Menlo Ventures and angels including Andrej Karpathy, Clem Delangue, Dylan Patel, Tri Dao, Emad Mostaque and Jake Medwell. The company said the round brought its total funding to over $20M. The announcement does not label the round's stage.[6]

On July 8, 2026, the company announced a $130M round led by Radical Ventures, with NVIDIA Ventures, Intel Capital, Dell Technologies Capital and existing investors, bringing total funding to over $150M. TechCrunch calls it a $130 million Series A at a $1 billion valuation and lists Iconiq among the participants. SiliconANGLE also reports a $1 billion valuation and attributes it to the company's announcement, but the company's blog post, as read for this profile, does not state a valuation.[2],[1],[3]

The post also names angel investors, among them John Schulman, Karim Atiyeh of Ramp, Aaron Levie of Box and Dwarkesh Patel.[2]

People

TechCrunch identifies Vincent Weisser as Prime Intellect's co-founder and CEO. He told TechCrunch that the ability to train AI models should belong to every enterprise and every nation state, not a few people in San Francisco. The Series A post calls the company a small team and lists open roles in RL, inference, distributed systems and compute. No headcount or full leadership list appears in the sources read.[1],[2]

Customers and partners

Prime Intellect says it has over 6k customers, including leading AI startups, neolabs and enterprises, using its stack for compute, RL and post-training, sandboxes, inference, environments and evaluations. SiliconANGLE reports about 6,000 other customers. TechCrunch names Ramp, Zapier and Flapping Airplanes as customers that pay for a hosted version of the tools.[2],[3],[1]

Prime Intellect says demand grew to over $100m in annualized revenue in under a year. TechCrunch gives an annualized revenue run rate of $100 million, and SiliconANGLE says annualized revenue topped $100 million before the round. These are company-reported figures, and no source read shows audited revenue.[2],[1],[3]

Company Snapshot

Prime Intellect is an AI infra company, based in San Francisco, California, USA, founded 2024.

Recent changes

  1. Jul 8, 2026Raised $130M Series A at a $1B valuation TechCrunch
  2. Jul 8, 2026First reported valuation: $1B TechCrunch
  3. Jul 8, 2026New investor: Radical Ventures TechCrunch
  4. Jul 8, 2026New investor: NVentures TechCrunch
  5. Jul 8, 2026New investor: Dell Technologies Capital TechCrunch
Earlier changes (2)
  1. Jul 8, 2026New investor: Intel Capital TechCrunch
  2. Jul 8, 2026Prime Intellect Raises $130M to Build Enterprise AI Agents Pulse story

Funding history

1 equity event · newest first · sources dated per row
DateRoundAmountValuationLead investorsSource
Jul 8, 2026Series A$130M$1Bpost-moneyTechCrunch

Equity only. “Equity raised” above sums the rounds with a dated, linked source; rumored rounds, tender offers and secondary sales are listed but not counted, and debt financing is listed separately.

How Prime Intellect has been funded

In February 2025 Prime Intellect raised $15 million led by Founders Fund, with Menlo Ventures and angels including Andrej Karpathy and Clem Delangue.[5] In July 2026 it raised a $130 million Series A at a $1 billion valuation, led by Radical Ventures with Nvidia Ventures, Intel Capital, Dell Technologies Capital and Iconiq participating.[3] The round brought total funding to more than $150 million.[1],[4]

Investors

Latest Pulse

  1. Prime Intellect Raises $130M to Build Enterprise AI AgentsPrime Intellect raised a $130 million Series A at a $1 billion valuation led by Radical Ventures, giving enterprises compute and tooling to build their own AI agents without depending on a frontier lab's API.→

Coverage Timeline

newest first
  1. Jul 8, 2026FUNDINGPrime Intellect Raises $130M to Build Enterprise AI Agents$130M Series A, $1B valuation→

All Coverage

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Prime Intellect FAQ

What is Prime Intellect's valuation?

In July 2026 it raised a $130 million Series A at a $1 billion valuation, led by Radical Ventures with Nvidia Ventures, Intel Capital, Dell Technologies Capital and Iconiq participating.[3]

How much has Prime Intellect raised?

In February 2025 Prime Intellect raised $15 million led by Founders Fund, with Menlo Ventures and angels including Andrej Karpathy and Clem Delangue.[5]

How much revenue does Prime Intellect make?

TechCrunch reported the company had reached an annualized revenue run rate of $100 million.[1],[3]

Who founded Prime Intellect?

Vincent Weisser is co-founder and CEO.[3]

Where is Prime Intellect headquartered?

Prime Intellect was founded in January 2024 and is based in San Francisco.[1]

Who invested in Prime Intellect?

Lead investors in Prime Intellect's sourced funding rounds include Radical Ventures. Per round: its July 2026 Series A was led by Radical Ventures.

When was Prime Intellect founded?

Prime Intellect was founded in 2024, according to TechCrunch.

References

researched 2026-10-23
  1. tokenpost.com
  2. SiliconANGLE
  3. TechCrunch
  4. Prime Intellect
  5. Prime Intellect
Sources & methodologyshow
Where these figures come from

Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.

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