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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

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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 ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

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Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

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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

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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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