Prem - About the company
Prem is a seed company based in Middletown (United States), founded in 2023 by Simone Giacomelli. It operates as a Platform for integrating generative AI into applications. Prem has raised $19.5M in funding. The company has 2289 active competitors, including 137 funded and 16 that have exited. Its top competitors include companies like Goodfire, Fireworks and Bria.
Company Details
Platform for integrating generative AI into applications. The platform allows users to train and fine-tune generative AI models on its data, with on-premise deployments. It enables users to experiment with multiple models, compare performances, and transition between models in production without code edits. It provides JS and Python SDKs for integration, autonomous fine-tuning for continuous quality improvements, and to connect multiple data sources.
- Website
- www.premai.io/
- Social
- Email ID
- *****@premai.io
Key Metrics
Founded Year
2023
Location
Middletown, United States
Stage
Seed
Total Funding
$19.5M in 2 rounds
Latest Funding Round
Ranked
87th among 2289 active competitors
Employee Count
105 as on Apr 30, 2026
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Prem's funding and investors
Prem has raised a total funding of $19.5M over 2 rounds. Its first funding round was on Apr 05, 2024. Prem has 1 angel investor.
Here is the list of recent funding rounds of Prem:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 23, 2025 | 7379579 | Seed | 4225245 | 3521871 | 9518877 | 5603920 |
Apr 05, 2024 | 1609414 | Seed | 4995629 | 8174859 | 8970373 | 2522150 |
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Prem's founders and board of directors
Founder? Claim ProfileThe founders of Prem is Simone Giacomelli. Simone Giacomelli is the CEO of Prem.
Here are the details of Prem's key team members:
- Simone Giacomelli: Founder & CEO of Prem. Contact Info: 1 email address
View details of Prem's Founder profiles and Board Members
Prem's employee count trend
Prem has 105 employees as of Apr 26. Here is Prem's employee count trend over the years:
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Prem's Competitors and alternates
Top competitors of Prem include Goodfire, Fireworks and Bria. Here is the list of Top 10 competitors of Prem, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Goodfire 2024, San Francisco (United States), Series B | Interpretability tooling for generative AI models | $209M | 71/100 | |
2nd |  Fireworks 2022, Redwood City (United States), Series C | Generative AI platform as a service for accelerating product innovation and disruption | $307M | 71/100 | |
3rd | Provider of licensed data-trained AI platform for visual content generation | $65M | 68/100 | ||
4th |  Cartesia 2023, San Francisco (United States), Series A | Provider of real-time text-to-speech API with AI laughter and emotion | $86M | 67/100 | |
5th | Arcee.ai 2023, Miami (United States), Series A | Platform to train, and deploy language models | $29.5M | 62/100 | |
6th | Predibase 2020, San Francisco (United States), Acquired | Provider of a low-code and cloud-based AI application development platform | $28.4M | 61/100 | |
7th |  Braintrust 2023, San Francisco (United States), Series B | Provider of an AI observability platform for building quality AI products | $121M | 61/100 | |
8th |  Sema4 2024, Atlanta (United States), Series A | Developer of a platform for building and managing enterprise AI agents | $55.5M | 61/100 | |
9th | Developer of AI models for text, speech, video, and music generation | $1.15B | 61/100 | ||
10th | SiliconFlow 2023, China, Series A | AI infrastructure platform to accelerate Artificial General Intelligence | $13.8M | 60/100 | |
87th |  Prem 2023, Middletown (United States), Seed | Platform for integrating generative AI into applications | $19.5M | - | 37/100 |
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Prem's Investments and acquisitions
Prem has made no investments or acquisitions yet.
Reports related to Prem
Here is the latest report on Prem's sector:
News related to Prem
•
Prem Labs Receives $14M Seed Funding to Revolutionize Proprietary AI Model Generation, Backed by Major Film ProducerSubmit Press Release•Apr 05, 2024•Prem, Sequoia Capital
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FAQs about Prem
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