Fundraising Fox

Prime Intellect

Unicorn · $1B

San Francisco, US · Founded 2024 · Delaware corporation · 65 employees on LinkedIn · 24 known investors

Prime Intellect provides an integrated platform for training, deploying, and continuously improving custom AI models, combining compute resources, reinforcement learning tools, evaluations, and inference services.

Also known as PrimeIntellect · PrimeIntellect-ai

Founders & leadership

Prime Intellect was founded in 2024 by Vincent Weisser and Johannes Hagemann.

VW
Vincent WeisserCo-founder
JH
Johannes HagemannCo-founder

Board

DKDavid Katz
David KatzinInvestor and Board MemberPartner at Radical Ventures

Investors · 24

Also in the syndicate · 12

Aaron LevieAndrej KarpathyAravind SrinivasBrendan FoodyClem DelangueDylan PatelEmad MostaqueJake MedwellJeff WangNvidia VenturesTri DaoWinston Weinberg

Reported raises · per SEC filings

Form D private placements

$132.4M disclosed across 2 rounds · 2025–2026

$82.5MraisedJul 2026 · 9 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Vincent WeisserExecutive Officer, Director
  • Johannes HagemannDirector
  • David KatzDirector
Offering amount
$85M
Amount sold
$82.5M
First sale
Jun 2026
Incorporated
Corporation, Delaware, 2024
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$49.9MraisedJan 2026 · 61 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Vincent WeisserExecutive Officer, Director
  • Johannes HagemannDirector
  • David KatzDirector
Offering amount
$64.6M
Amount sold
$49.9M
First sale
Dec 2025
Incorporated
Corporation, Delaware, 2024
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Valuation · disclosed

Disclosed events
$1Bvaluation at Series AJul 2026
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Company profile

researched Aug 2026

Prime Intellect operates what it calls the "Open Superintelligence Stack": an integrated platform spanning GPU compute, reinforcement learning environments, evaluations, sandboxes, hosted training and inference, intended to let organizations train, deploy and continuously improve their own models and agentic systems rather than depend on closed frontier labs. The product surface includes Prime Lab (post-training of agents), an Environment Hub with more than 2,500 open-source RL environments, hosted evaluations covering 100+ open-source models with a public leaderboard, managed large-scale training for agentic workflows, and dedicated, serverless and LoRA-based inference for custom models. Secure sandboxes provide isolated code execution for large-scale RL.

On the compute side, the company offers on-demand access to 1–256 GPUs across clouds with SLURM and Kubernetes orchestration, InfiniBand networking and Grafana monitoring, plus "Liquid Reserved Clusters" that solicit quotes from more than 50 datacenter providers within 24 hours and allow customers to resell idle GPUs into a spot market. Listed hardware includes H100, H200, B200, B300, GB300 NVL72, GH200, A100, A40 and RTX Pro 6000, with published hourly rates. Access is via the open-source `prime` CLI and Python SDK, alongside the company's Verifiers library for RL environments and evals, the prime-rl asynchronous RL training framework, and prime-agent, a self-improving agent for coding and long-running autonomous tasks.

Earlier work included the Compute Exchange GPU marketplace, the PRIME framework for globally distributed training, INTELLECT-1 (a 10B-parameter model trained across three continents), METAGENE-1 (a bio-foundation model for pandemic detection), INTELLECT-MATH, the GENESYS and SYNTHETIC-1 distributed RL and synthetic reasoning dataset efforts, and TOPLOC, a locality-sensitive hashing scheme for verifiable inference.

Founding story

Founded in 2024 with the aim of enabling organizations to train their own agentic systems without relying on frontier AI labs, a goal management frames as extending model-training capability beyond a small number of San Francisco labs to every enterprise and nation state.

Business model

Prime Intellect monetizes a modular, marketplace-style platform: customers pay for hosted versions of its tools and for GPU compute. Coverage describes modular access so buyers can select individual components rather than commit to the full stack.

Revenue comes from hosted product usage — GPU compute rented by the hour at published per-GPU rates, reserved clusters, hosted training runs with capacity- and token-based pricing, hosted evaluations, and inference sold as dedicated deployments, pay-per-token LoRA serving and serverless APIs.

Traction

The company reports about 6,000 customers spanning AI startups, neolabs and enterprises, and annualized revenue exceeding $100 million as of July 2026. The Environments Hub hosts over 2,500 community RL environments and hosted evals cover 100+ open-source models. Open-source repositories show substantial adoption: prime-agent ~19,100 stars, Verifiers ~4,600 stars, prime-rl ~2,000 stars and the prime CLI ~306 stars. Ramp publicly describes training a small RL-trained subagent ("Fast Ask") on Prime Intellect's Lab that it says beat frontier models on accuracy at lower cost and latency.

Latest developments

In July 2026 Prime Intellect announced a $130M Series A led by Radical Ventures with Nvidia Ventures, Intel Capital, Dell Technologies Capital, Iconiq and existing investors, reported at a $1 billion valuation. Proceeds are earmarked for larger compute clusters, larger RL runs, and infrastructure for agentic training, inference and continual learning, including long-horizon agents, recursive language models, automation of AI research and science, and continual learning.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Positioned as a full-stack alternative to closed frontier labs, bundling compute, RL infrastructure, environments and evaluation into what its lead investor describes as a one-stop shop delivering frontier-lab capabilities affordably, versus vendors offering individual pieces.

Integration of compute, RL environments, evaluations, sandboxes, hosted training and inference into a single loop where production traces are converted into environments, evals and adapters that retrain the deployed model. Open-source foundations (Verifiers, prime-rl, prime-envs, renderers) and a community hub of 2,500+ environments, along with prior work on globally distributed training and verifiable inference, underpin the positioning.

Technology

Core technologies include the Verifiers library of modular components for building RL environments and training LLM agents, prime-rl for asynchronous RL at scale, prime-agent (a self-improving RLM agent for coding and long-running autonomous tasks), renderers for programmable chat templates, containerized sandboxes for secure code execution, GEPA prompt optimization, LoRA adapter serving alongside base models, and OpenAI-compatible serverless APIs. Infrastructure supports multi-node distributed training with InfiniBand, SLURM/Kubernetes scheduling and Grafana observability. Earlier research produced the PRIME distributed training framework and the TOPLOC verifiable-inference hashing scheme.

Go-to-market

Self-serve entry through the open-source `prime` CLI and Python SDK (pip/uv install), a free-to-browse Environments Hub and public evaluation leaderboard, plus enterprise sales motions signposted by "Book a Call" and "Book a Demo" flows and hands-on support from an applied research team. Open-source projects such as Verifiers, prime-rl and prime-agent, and a Discord and X community, serve as developer acquisition channels.

AI startups, "neolabs" and enterprises that want to train and own custom models and agents; named customers include Ramp, Zapier and Flapping Airplanes. Company statements also reference nation states as prospective buyers of sovereign training capability.

Geography

Headquartered in San Francisco, California, with compute sourced from providers globally, quotes from 50+ datacenters, and prior distributed training runs spanning three continents.

History

Founded in 2024, the company first built a distributed GPU marketplace (Compute Exchange) and open research artifacts including INTELLECT-1, METAGENE-1, INTELLECT-MATH, GENESYS/SYNTHETIC-1 and TOPLOC. In February 2025 it announced a $15M raise led by Founders Fund, bringing total funding above $20M, and set out plans for hosted evaluations, dedicated inference and RL infrastructure. In July 2026 it raised a $130M Series A led by Radical Ventures at a reported $1 billion valuation, bringing total funding to over $150M.

Risks & controversies

Investor and company commentary frames demand as driven by enterprise concerns about closed frontier labs — data control, dependence on models that can be discontinued, and platform providers potentially competing with their own customers — factors that are external market conditions rather than guarantees of continued growth.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Annualized revenue run rateJul 2026$100M
Community RL environments on the Environments HubJan 20262,500 environments
CustomersJul 20266,000 customers
Datacenter providers in reserved cluster networkJan 202650 providers
GitHub stars - prime CLI/SDKAug 2026306 stars
GitHub stars - prime-agentAug 202619,081 stars
GitHub stars - prime-rlAug 20261,993 stars
GitHub stars - verifiersAug 20264,569 stars
HeadcountAug 202665
Open-source models covered by hosted evaluationsJan 2026$100
Post-money valuationJul 2026$1B
Public GitHub repositoriesAug 202665 repositories
Total funding raisedJul 2026$150M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 4

by search overlap

Companies competing with Prime Intellect for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 4

launches, deals, and filings
Jul 2026
Prime Intellect raises $130M Series A led by Radical Ventures

The company announced a $130 million Series A at a reported $1 billion valuation, led by Radical Ventures with Nvidia Ventures, Intel Capital, Dell Technologies Capital, Iconiq and existing investors, bringing total funding to over $150 million. Proceeds are earmarked for larger compute clusters, larger RL runs, and infrastructure for agentic training, inference and continual learning.

$130M source ↗

Jul 2026
Ramp trains "Fast Ask" subagent on Prime Intellect Lab

Ramp worked with Prime Intellect to RL-train a small subagent that helps its Sheets agent find answers inside spreadsheets; Ramp's co-CEO states the result exceeded frontier models on accuracy at higher speed and lower cost.

source ↗

Feb 2025
$15M raise led by Founders Fund

Prime Intellect announced $15 million in funding led by Founders Fund with participation from Menlo Ventures and angel investors including Andrej Karpathy, Clem Delangue, Dylan Patel, Tri Dao, Emad Mostaque and Jake Medwell, bringing total funding to over $20 million.

$15M source ↗

Feb 2025
INTELLECT-1 and distributed training research releases

The company reported training INTELLECT-1, a 10B-parameter model, across three continents using its PRIME framework, alongside releases of METAGENE-1, INTELLECT-MATH, GENESYS/SYNTHETIC-1 and the TOPLOC verifiable-inference hashing scheme.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
Prime IntellectDelaware

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Prime Intellect do?
Prime Intellect sells an integrated compute, RL training, evaluation and inference stack for building custom AI models and agents.
Who founded Prime Intellect?
Prime Intellect was founded by Vincent Weisser, Johannes Hagemann in 2024.
Who are Prime Intellect's investors?
Prime Intellect's investors include Ambush Capital, CoinFund, Collab+Currency, Compound, Dell Technologies Capital, Menlo Ventures, Nazare Ventures, Radical Ventures and 4 more.
How much funding has Prime Intellect raised?
Prime Intellect has disclosed $132.4M raised across 2 rounds.
Where is Prime Intellect headquartered?
Prime Intellect is headquartered in San Francisco, US.