# Pragli

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pragli

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.gentrace.ai/
- Total disclosed funding: $8.2M
- Latest round: Series A (Aug 9, 2024)
- Investors on record: 3

## About

Pragli, Inc. is a US-based technology company specializing in a collaborative platform designed for evaluating generative AI applications, particularly large language models (LLMs).Founded in 2020 and headquartered in San Francisco, US, Pragli, Inc. offers tools to automate the evaluation processes of AI applications. The company has conducted a total of 4 deals, with the most recent occurring on August 9, 2024. In Series A funding, Pragli raised USD 8.24 mn led by Matrix Partners, with participation from Headline and K9 Ventures, bringing the total amount raised to USD 8.24 mn and valuing the company at USD 35.40 mn. The CEO of Pragli is James Savoldelli.Pragli specializes in providing a collaborative platform for evaluating generative AI applications, particularly large language models (LLMs). Their offerings include tools to automate evaluation processes, allowing teams to test AI applications through a user-friendly interface that integrates with existing codebases. This approach fosters collaboration, ensuring evaluations remain relevant and up-to-date. Pragli serves a diverse client base, including firms like Webflow, Multiverse, and Quizlet, across North America and Europe.Pragli generates revenue through a subscription-based model with pricing plans that cater to a range of clients, from startups to large enterprises. This model allows organizations access to a comprehensive suite of evaluation tools for large language models, featuring customizable evaluations and integration capabilities. Clients typically engage in transactions involving annual or monthly subscriptions, granting them access to a scalable platform with role-based access and enhanced compliance features. The revenue model emphasizes high-volume analytics and enterprise scale.In August 2024, Pragli raised USD 8 mn in Series A funding, which will be utilized to expand its engineering, product offerings, and market reach. The company plans to develop new products and enhance its existing platform capabilities while targeting expansion into additional geographical markets, particularly in regions with growing demand for AI solutions.

## Funding rounds

- Series A, Aug 9, 2024, $8.2M — Matrix Partners, Headline, K9 Ventures

## Investors

- Matrix Partners (https://capitalatlas.ai/funds/matrix-partners) — Series A
- Headline (https://capitalatlas.ai/funds/headline) — Series A
- K9 Ventures (https://capitalatlas.ai/funds/k9-ventures) — Series A