Primer Technologies closes a $69 million first tranche of its Series D, led by Addition with participation from the U.S. Innovative Technology Fund. The company appoints Sean Moriarty as CEO.
Primer Technologies announces a Series D financing with a first close of $69 million to accelerate delivery of its AI-powered analysis tools for U.S. government and commercial customers. Alongside the financing, Primer names Sean Moriarty as CEO, adding a leadership change to the company’s announcement.
Primer Technologies raises $69 million in Series D funding led by Addition, bringing its total funding to $237 million. The raise comes as demand for enterprise machine-learning analysis grows.
Primer announces the close of a $110 million Series C round led by Addition. Lux Capital, DCVC, Amplify Partners, Steadfast, and Sands Capital also participate. The announcement also includes a Microsoft Azure integration and a partnership with Palantir.
