Prentis, a brand new AI research lab focused on computer use models, co-founded by serial entrepreneur Ritankar Das, and tech heavyweights Reid Hoffman and Marc Pincus, is in talks to lift $100 million at a $1 billion valuation, in line with two people accustomed to the discussions.
Launched in April, Prentis is training models to find out how office staff navigate routine workflows across documents and systems, with the goal of constructing AI agents that may control computers to automate those tasks.
Prentis will ostensibly develop agents tailored to those customers’ needs, resembling handling insurance claims and automating customs duty refund exceptions with no need a human to seek out paperwork.
The startup has already signed contracts price as much as $50 million with several customers, including healthcare management service organization, a manufacturer, and goods and clothing manufactures, the 2 people accustomed to the discussions tell TechCrunch, echoing investor materials obtained by TechCrunch that predict an estimated $75 million annualized run rate by the third quarter of this 12 months. (Prentis’s pitch deck notes those figures reflect estimated annualized value based on a contracted fee equal to twenty% of savings realized, not recognized revenue, and are “performance-dependent and subject to final execution.”)
By its own account, Prentis says its Hive-32B model outperforms rivals, including OpenAI’s GPT-5.4 and Anthropic’s Claude Opus 4.6, on two computer-use benchmarks: WindowsAgentArena, which measures end-to-end task completion on real Windows applications; and ScreenSpot-v2, which tests a model’s ability to locate the correct on-screen control.
In its pitch deck, the corporate argues its edge comes from running a much smaller, cheaper model. In reality, it claims roughly 10 times lower cost per task than frontier APIs, saying it’s more economical to deploy across on a regular basis workflows. TechCrunch hasn’t independently verified the corporate’s benchmark results.
The startup is betting that automating on a regular basis office tasks will soon outpace coding as AI’s biggest use case, but it surely’s a crowded market. Anthropic, Open AI, and Mira Murati’s Considering Machines are also working on developing AI agents for computer use, certainly one of sources said. Anthropic has also been acquiring talent within the category directly — it bought the Seattle computer-use startup Vercept earlier this 12 months, folding in its founders and shutting down its product.
Prentis didn’t reply to TechCrunch’s request for comment.
Ritankar Das, CEO of Prantis, can also be the founding father of Titan, a holding company that builds and operates AI firms. Das, now 31, was UC Berkeley’s youngest University Medalist in greater than a century, graduating at 18 with a double major in bioengineering and chemical biology before earning a master’s in biomedical engineering at Oxford.
He founded Titan in 2014 after dropping out of an AI PhD program at Cambridge, where he’d been a Gates Cambridge Scholar. Das has described Titan as an intentional throwback to an old-fashioned holding-company model like Berkshire Hathaway, one which’s funded by its own exits moderately than outside limited partners.
Other businesses launched and operated by Titan include AI-powered virtual care provider Tala Health, which raised a $100 million seed round last 12 months, and Forta Health, an autism care startup that raised $55 million led by Insight Partners in 2024. Titan-founded disease prediction company Dascena was acquired by CirrusDx in 2022.
Prentis is a side project of sorts for its two other co-founders. Hoffman, the LinkedIn co-founder and Greylock partner, said last month that he was stepping down from Microsoft’s board after nearly a decade to go “founder mode” on Manas AI, an AI drug-discovery startup he’s also backing; he was an early OpenAI investor and co-founded Inflection AI with Mustafa Suleyman before Microsoft absorbed most of that team in 2024.
Pincus, the Zynga founder, now runs the investment firm Reinvent Capital with Hoffman as a senior adviser, and published a memoir, “Life on the Speed of Play,” last month.
Prentis has already hired greater than 25 employees, including researchers who previously worked at OpenAI, Google DeepMind, Meta, Tencent and Alibaba, in line with its website.
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