Prentis, AI lab co-founded by Reid Hoffman and Mark Pincus, in talks to raise $100M at $1B valuation

AI startup Prentis, co-founded by Ritankar Das, Reid Hoffman, and Mark Pincus, is in active talks to raise $100 million at a $1 billion valuation. Launched in April 2026, the company develops AI agents to automate routine office workflows. Prentis has already secured up to $50 million in customer contracts and claims its Hive-32B model outperforms rivals like OpenAI and Anthropic on computer-use benchmarks at a tenth of the cost, positioning itself in a highly competitive automation market.

Prentis $100M fundraise talks

• ▪Prentis has signed contracts worth up to $50 million with several customers, including a healthcare management service organization and manufacturers
• ▪Prentis investor materials predict an estimated $75 million annualized run rate by the third quarter of 2026, based on a contracted fee equal to 20% of savings realized
• ▪Prentis is in active talks to raise $100 million in funding at a $1 billion valuation

Office workflow automation agents

• ▪The market for computer-use AI agents is highly competitive, with Anthropic, OpenAI, and Mira Murati's Thinking Machines Lab also developing similar technologies
• ▪Prentis is building AI agents designed to handle multi-step desktop chores, such as processing insurance claims and automating customs duty refund exceptions
• ▪Prentis, launched in April 2026, trains AI models to learn how office workers navigate routine workflows across documents and systems to automate those tasks

Hive-32B model performance benchmarks

• ▪Prentis claims its Hive-32B model outperforms OpenAI's GPT-5.4 and Anthropic's Claude Opus 4.6 on the WindowsAgentArena and ScreenSpot-v2 benchmarks
• ▪Prentis claims its Hive-32B model operates at roughly 10 times lower cost per task than frontier APIs

Ritankar Das Titan background

• ▪Titan-operated businesses include virtual care provider Tala Health, which raised a $100 million seed round, and autism care startup Forta Health, which raised $55 million
• ▪Prentis CEO Ritankar Das, who graduated from UC Berkeley at age 18, is the founder of Titan, a holding company that builds and operates AI companies

Reid Hoffman co-founder role

• ▪Reid Hoffman stepped down from Microsoft's board in June 2026 to focus on startup initiatives, including Manas AI and Prentis
• ▪Reid Hoffman, a partner at Greylock Partners and co-founder of LinkedIn, co-founded Prentis as a side project

Mark Pincus co-founder role

• ▪Mark Pincus, the founder of Zynga, co-founded Prentis and currently runs the investment firm Reinvent Capital alongside Reid Hoffman
• ▪Mark Pincus published a memoir titled 'Life at the Speed of Play' in June 2026