US-based information management software provider Pryon raised an amount indicated by a securities filing to be $12m in September 2021 from investors including care provider UNC Rex Healthcare and data technology producer Micron.
UNC Rex vehicle Rex Health Ventures and Micron subsidiary Micron Ventures were confirmed as participants in the round by Pyron on Wednesday, as were 3ig Ventures, Duke University Management Company, Gaingels and Piedmont Capital Partners.
Private Ventures Group, Steel Perlot, BootstrapLabs, Breyer Capital, Good Growth Capital, Greycroft and Revolution’s Rise of the Rest fund filled out the round’s participants along with private investor Samuel J Palmisano.
Pryon’s no-code software utilises natural language processing to analyse unstructured data, test it for accuracy and convert it for use in applications that can improve productivity.
Revolution’s Rise of the Rest Seed Fund led the company’s $20m series A round in mid-2019, participating with corporate investment partnership Engage, Breyer Capital, Greycroft, Digital Alpha Advisors, BootstrapLabs, Good Growth Capital and Two Sigma Ventures.
The series A round came the year after Pryon publicly launched with $4.5m in seed funding from Engage, Rise of the Rest Seed Fund, Greycroft, Two Sigma Ventures and BootstrapLabs.
