Prime Intellect has closed a $130 million Series A, lifting its valuation to $1 billion as demand grows for tools that let companies create their own AI agents.
The round was led by Radical Ventures and included backing from Nvidia Ventures, Intel Capital, Dell Technologies Capital, Iconiq, and several prominent founders from the AI and software ecosystem.
Founded in 2024, the startup is building a full-stack platform that combines compute access, reinforcement learning infrastructure, and evaluation tools. Its goal is to help enterprises train and deploy agentic systems without depending entirely on large frontier AI labs.
Prime Intellect says its modular approach works like a marketplace, allowing customers to choose only the components they need. That flexibility is attracting companies that want more control over performance, cost, and deployment.
Early adoption is already visible. Customers such as Ramp and Zapier are using the platform, and the company says its annualized revenue run rate has reached $100 million. Ramp has also reported strong results from an internal agent built with Prime Intellect's tools, highlighting gains in speed and efficiency.
As enterprises look for greater ownership of their AI infrastructure, Prime Intellect is positioning itself as a bridge between advanced model training and practical business use. The company's momentum suggests a future where more organizations can design intelligent systems tailored to their own needs.