AI Lab Prentis, Co-Founded by Tech Leaders, Seeks $100 Million Funding

Jul 24, 2026

AI Summary

Prentis, an AI research lab co-founded by Ritankar Das, Reid Hoffman, and Marc Pincus, is negotiating to raise $100 million at a $1 billion valuation. The lab focuses on developing AI agents to automate office workflows and has secured contracts worth $50 million with various clients.

Prentis was launched in April and aims to create AI models that assist office workers by automating routine tasks across documents and systems.
The startup is in discussions to raise $100 million, which would value it at $1 billion.
Prentis has signed contracts totaling $50 million with clients, including a healthcare management organization and manufacturers, and anticipates an annualized run rate of $75 million by Q3 2023.
The company 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.
Prentis asserts it operates at a significantly lower cost per task compared to leading APIs, making it more efficient for everyday workflows.
The AI automation market 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 for AI ventures.
Prentis has hired over 25 employees, including researchers from major tech firms such as OpenAI and Google DeepMind.

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AI Lab Prentis, Co-Founded by Tech Leaders, Seeks $100 Million Funding

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