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Prem Labs
Technology
Founded
--
Employees
--
Total Funding
$14.0M
Funding Rounds
1
Last Funding
2024-04-05
About Prem Labs
Prem AI is an applied AI research lab focused on creating a future where everyone can access sovereign, private, and personalized AI. They empower businesses across industries to build proprietary internal AI capabilities, transforming enterprise workflows with secure and production-ready AI solutions.
Products & Services
Autonomous Finetuning Agent:A multi-agent system that converts raw data into production-ready AI models without machine learning expertise, offering up to 70% cost reduction and 50% latency improvement for natural language tasks.
Encrypted Inference - TrustML™:A privacy-preserving framework using advanced encryption to secure sensitive data during AI model fine-tuning and inference without compromising performance.
Prem-1B-SQL:A local Text-to-SQL model with 1 billion parameters for low GPU/CPU devices, prioritizing data security by avoiding external database exposure.
Prem-1B Series:Open-source multipurpose language models optimized for Retrieval-Augmented Generation (RAG) with a context length of 8192 tokens, designed for multi-turn conversations.
Local AI:A free, open-source platform for local AI inferencing via a user-friendly REST API, enabling deployment of large language models and multimedia generation on consumer-grade hardware.
Enterprise Solutions:Strategic partnerships with enterprises to accelerate AI innovation, reduce reliance on third-party solutions, and ensure data security and control over AI.
Consumer Products:Personalized AI agents that understand user needs while protecting privacy, offering personal, private, and powerful AI experiences.
Specialties
Applied AI Research
Secure AI Models
Privacy-Preserving AI (TrustML™)
Specialized Reasoning Models (SRM)
Retrieval-Augmented Generation (RAG)
Text-to-SQL Models
Local AI Inferencing
Funding History
Debug: View Raw Funding Data
| # | Type | Amount Fields | Date Fields | Investors |
|---|---|---|---|---|
| 1 |
RT: Seed T: - FT: Seed |
A: 14000000 MR: - FA: $14 million FAN: 14000000 |
D: 2024-04-05 FD: 2024-04-05 |
3 investors |
Seed
Latest
2024-04-05
$14.0M
3 investors (Pro only)
Growth Metrics
+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active
Mock Up
Team & Leadership
No team data available
Team information is not yet available for this company
Recent News
Prem Labs Announces New Product Launch
2 days agoCompany unveils innovative solution to transform the industry, expanding market reach and capabilities...
Read more →Leadership Team Expands with Industry Veteran
1 week agoNew executive brings 20+ years of experience to accelerate growth and strategic initiatives...
Read more →Company Recognized as Industry Leader
2 weeks agoReceives prestigious award for innovation and customer satisfaction in competitive market...
Read more →Mock Up
Key Competitors
C1
Competitor Alpha
Series B · $50M raised
C2
Competitor Beta
Series C · $120M raised
C3
Competitor Gamma
Series A · $25M raised
C4
Competitor Delta
Seed · $10M raised
Mock Up
Company Details
- Website
- premai.io
- Industries
- Technology
Technology Stack
Discover the backend, frontend, and infrastructure technologies powering this company's products.
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