June 14, 2023, SAN FRANCISCO Primer Technologies, a company specializing in AI/ML technology and AI-powered data analysis, announced a Series D round with a first close of USD 69M to hasten the delivery of dependable AI solutions for the U.S. Government and Commercial customers. Sean Moriarty, who has held top executive positions at the Leaf Group, Ticketmaster, and Metacloud, was recently appointed CEO and added decades of technical and leadership experience to the post, according to the business. The U.S. Innovative Technology Fund (USIT), which chairman Thomas Tull established, participated in the funding under the leadership of Addition.
With this money, Primer can develop its workforce, speed up research and development on generative AI and cutting-edge machine learning models, and improve its product line. Primer is revolutionizing how analysts, operators, and decision-makers make sense of enormous volumes of open source and proprietary data and decrease time to decision by integrating customized Large Language Model features. They can be more productive, take advantage of every efficiency, and use their special skills to uncover the benefit concealed in their data by automating tedious processes and procedures.
“Primer’s AI platform and products deliver necessary tools to those who support and defend our democracy, and this round of funding will help us deliver more, faster,” said Sean Moriarty, CEO of Primer. “We’re committed to delivering trusted, dependable AI solutions to accomplish the most important missions,” the company stated.
Sean Moriarty has over 25 years of experience in B2B and B2C technology firms, building up several enterprises to a successful scale. He has served on the boards of directors for more than a dozen privately owned and publicly listed businesses and is currently the lead independent director at Eventbrite. He was once Co-Chair of the Pat Tillman Foundation and served as Ambassador to the Special Operations Warrior Foundation.
Primer’s industry-leading position and its capacity to provide cutting-edge AI applications for Government and Commercial customers are strengthened by this new round of funding and the company’s new leadership, according to Lee Fixel of Addition. “Sean is the ideal leader to fuel Primer’s ongoing growth and innovation because of his experience developing successful teams and his success bringing disruptive technologies to market.”
To make the world a safer place, Primer was created. AI is essential to speeding the cycles of intellect and judgment that keep us secure. The U.S. Government, vital allies, and Fortune 100 firms use our AI technology to glean timely insight and decision advantage from enormous datasets: Arlington, Virginia, and San Francisco, California, each house offices for Primer.
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