AI Lab Prentis, Co-Founded by Reid Hoffman and Mark Pincus, Seeks $100 Million Funding

Jul 24, 2026

AI Summary

Prentis, an AI research lab co-founded by Ritankar Das, Reid Hoffman, and Mark Pincus, is in discussions to raise $100 million at a valuation of $1 billion. The lab aims to develop AI agents to automate office workflows and has secured contracts worth $50 million with various clients.

Prentis was launched in April and focuses on creating AI models that assist office workers in managing routine tasks across documents and systems.
The startup is negotiating to raise $100 million at a $1 billion valuation and has already signed contracts totaling $50 million with clients in healthcare and manufacturing.
Prentis claims its Hive-32B model outperforms competitors like OpenAI’s GPT-5.4 and Anthropic’s Claude Opus 4.6 on specific benchmarks for computer use.
The company asserts that its model is more cost-effective, offering a lower cost per task compared to other leading APIs.
The AI market for automating office tasks is competitive, with other companies like Anthropic and OpenAI also developing similar technologies.
Ritankar Das, the CEO, has a background in AI and founded Titan, a holding company that supports various AI ventures.
Prentis has hired over 25 employees, including researchers from major tech companies like OpenAI and Google DeepMind.

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AI Lab Prentis, Co-Founded by Reid Hoffman and Mark Pincus, Seeks $100 Million Funding

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