Company · Data & infrastructure
Prime Intellect revenue, valuation & funding
Prime Intellect was valued at $1B in its $130M Series A in July 2026, and said that month it had passed $100M in annualized revenue. It's a private company with no stock ticker and has announced no IPO plan.
At a glance
- Valuation: $1B at its $130M Series A in July 2026, as reported by SiliconANGLE.
- Revenue: over $100M in annualized revenue in July 2026, as the company said. It's a run rate, and the company publishes no audited revenue.
- Status: private. No stock ticker. No IPO plan announced.
- Founded: January 2024, by Vincent Weisser and Johannes Hagemann.
- CEO: Vincent Weisser.
- Investors: Radical Ventures, Founders Fund, NVIDIA Ventures, Intel Capital, Dell Technologies Capital, Menlo Ventures, CoinFund and Distributed Global, among others.
- Products: Lab for agentic post-training, the Environments Hub, a Serverless API for open models, the Prime Agent harness and its INTELLECT models.
- Headquarters: San Francisco, California.
Is Prime Intellect public? Can you buy its stock?
No. Prime Intellect is a private company. Its shares don't trade on any stock exchange, and it has no ticker symbol.
Forge Global says it is not publicly traded and has not filed for an IPO. Its executives have made no reported statement about going public.
Its shares are held privately by its founders and investors, among them Radical Ventures, Founders Fund and NVIDIA Ventures. This page reports facts and gives no investment advice.
Valuation, round by round
Its 2024 and 2025 rounds disclosed no valuation, and the July 2026 Series A valued it at $1B.
| Date | Valued at | Raised | Led by | Source |
|---|---|---|---|---|
| Jul 2026 | $1B | $130M | Radical Ventures | Prime Intellect's blog |
| Feb 2025 | — | $15M | Founders Fund | Prime Intellect's blog |
| Apr 2024 | — | $5.5M | Distributed Global and CoinFund | The Block |
Sacra calls the February 2025 round a seed extension. Neither earlier round came with a valuation.
Revenue
Prime Intellect publishes no results. It said in July 2026 that demand had grown to over $100M in annualized revenue in under a year.
| Date | Figure | Basis | Source |
|---|---|---|---|
| Jul 2026 | $100M+ | Company | Prime Intellect's blog |
Annualized revenue is a month's revenue times twelve. It isn't a year's audited revenue, and no profit or margin figures have been reported.
How Prime Intellect makes money
Prime Intellect sells the tools to train, run and improve custom models. Its site offers compute, training, inference and sandboxes as one stack.
- Compute. Sacra says it earns revenue by taking a margin on GPU rentals. Sacra
- Hosted Training. Training on Lab runs as LoRA deployments on shared hardware, which allows per-token pricing. Prime Intellect's blog
- Serverless API. Customers call open models per token through an OpenAI-compatible API, with nothing to deploy. Prime Intellect
Products
- Lab (February 10, 2026). A platform for agentic post-training. It joins the Environments Hub with Hosted Training and Hosted Evaluations. Prime Intellect's blog
- INTELLECT-3 (November 26, 2025). A Mixture-of-Experts model with more than 100B parameters, trained on its own RL stack. Prime Intellect's blog
- Prime Agent (August 2026). An open-source harness for research and coding agents. Wikipedia
- Moondream (acquired October 13, 2026). The deal adds work on multimodal models, including vision and computer use. Prime Intellect's blog
Customers
Prime Intellect said in its July 2026 funding post that it had over 6k customers. They use its compute, post-training, sandboxes, inference, environments and evaluations.
When Lab launched in February 2026, the Environments Hub held over 1k environments from 250+ creators, the company said. They had been downloaded more than 100k times.
- Ramp trained FastAsk, a subagent for financial spreadsheet retrieval, with Lab. Prime Intellect
- Zapier built AutomationBench on Lab to test agents on multi-step automation workflows. Prime Intellect
- NVIDIA built 2,500 verified enterprise tasks with Prime Intellect to train Nemotron 3.5 Super VL. Prime Intellect
Leadership
Sacra estimated it had 23 full-time employees, with headcount up 229% in a year. Sacra gives no date for the figure.
- Vincent Weisser, co-founder and CEO. He co-authored the INTELLECT-1, INTELLECT-2 and INTELLECT-3 models. Wikipedia
- Johannes Hagemann, co-founder and CTO. Wikipedia
- Vik Korrapati and Jay Allen, the founders of Moondream, joined in October 2026 to lead and scale inference. Prime Intellect's blog
Who owns Prime Intellect?
Its founders and investors. As a private company it doesn't publish who holds what, and no stake has been disclosed.
Its total funding passed $150M with the July 2026 round, the company said.
- Radical Ventures led the $130M Series A in July 2026. NVIDIA Ventures, Intel Capital and Dell Technologies Capital joined it. Prime Intellect's blog
- Founders Fund led a $15M round in February 2025, with Menlo Ventures and Andrej Karpathy. Prime Intellect's blog
- Distributed Global and CoinFund co-led the $5.5M seed round in April 2024. The Block
- Angels in the Series A include John Schulman of Thinking Machines, Aaron Levie of Box, Karim Atiyeh of Ramp, Dwarkesh Patel and Milan Kovac. Prime Intellect's blog
Competitors
Sacra sorts its rivals into two groups, the large cloud providers and decentralized compute networks.
Timeline and latest news
From its founding to the latest reports, newest first.
- Oct 13, 2026Latest
Acquired Moondream, whose founders joined to lead inference. Prime Intellect's blog - Aug 5, 2026Latest
Published Prime Agent, an open-source research and coding agent harness. Wikipedia - Jul 8, 2026Latest
Raised a $130M Series A led by Radical Ventures, at a reported $1B valuation. Prime Intellect's blog - Jul 8, 2026
Said it had passed $100M in annualized revenue. Prime Intellect's blog - Jul 8, 2026
Said it had over 6k customers. Prime Intellect's blog - Feb 10, 2026
Launched Lab, its platform for agentic post-training. Prime Intellect's blog - Feb 10, 2026
Said its Environments Hub held over 1k environments from 250+ creators. Prime Intellect's blog - Nov 26, 2025
Released INTELLECT-3, a Mixture-of-Experts model with more than 100B parameters. Prime Intellect's blog - Nov 26, 2025
Named Parasail and Nebius as inference providers for INTELLECT-3. Prime Intellect's blog - Feb 28, 2025
Raised $15M led by Founders Fund. Prime Intellect's blog - Apr 23, 2024
Raised a $5.5M seed round co-led by Distributed Global and CoinFund. The Block - Jan 2024
Founded, with headquarters in San Francisco. Wikipedia
Questions people ask
Is Prime Intellect a public company? Can I buy Prime Intellect stock?
No. Prime Intellect is private and has no ticker, so its shares aren't sold on any exchange.
When will Prime Intellect IPO?
It hasn't announced an IPO plan. Forge Global says it has not filed for an IPO.
Who owns Prime Intellect?
Its founders and investors, including Radical Ventures, Founders Fund, NVIDIA Ventures, Intel Capital, Dell Technologies Capital, CoinFund and Distributed Global. Stakes haven't been disclosed.
Who is the CEO of Prime Intellect?
Vincent Weisser, who co-founded it in January 2024.
Who founded Prime Intellect?
Vincent Weisser and Johannes Hagemann, in January 2024. Hagemann is its CTO.
How much is Prime Intellect worth?
$1B at its $130M Series A in July 2026, SiliconANGLE reported.
How much revenue does Prime Intellect make?
Over $100M in annualized revenue, the company said in July 2026. That's a run rate. It isn't audited revenue.
How does Prime Intellect make money?
It sells compute, training, inference and sandboxes. Sacra says it takes a margin on GPU rentals, and its training and API are priced per token.
How many customers does Prime Intellect have?
Over 6k as of July 2026, the company said. Named customers include Ramp and Zapier.
Who are Prime Intellect's competitors?
Sacra names AWS, Google Cloud and Microsoft Azure, plus decentralized compute networks such as Render Network, Akash Network and io.net.
People on Real Alpha
- Vincent Weisser, Co-founder & CEO, Prime Intellect
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How this page is sourced
Each figure links to the filing, company statement or news report it came from, with its date. Run rates are what reporters were told, not audited results; estimates and unconfirmed reports are marked. Quotes are what each person said on the record, with the minute they said it. Spotted something that's off? .
Last checked Nov 8, 2026