Prem is building a comprehensive ecosystem to enable companies worldwide to benefit from generative AI while retaining ownership and control of their data. It offers Prem App, a free and open-source alternative to ChatGPT, and the Prem Platform for businesses to integrate generative AI into existing products and SaaS solutions.
Investment Rounds
Capital activity and funding progression
Frequently Asked Questions
Where is Prem located?
Prem is located in Lugano, Switzerland.
What industries does Prem operate in?
Prem operates in the following industries: artificial intelligence, generative AI, enterprise software, SaaS.
How much total funding has Prem raised?
Prem has raised a total of $114,000,000.
Who are the investors in Prem?
The investors in Prem are: David Maisel, Fan Zhang, Alan Lipschitz.
What is the primary purpose of Prem?
Prem is an applied AI research lab focused on creating sovereign, private, and personalized AI. It enables organizations and developers to deploy and run AI models on their own infrastructure, ensuring data confidentiality and ownership.
How does Prem ensure data privacy for enterprises?
Prem utilizes confidential computing and hardware-sealed Trusted Execution Environments (TEEs) to run AI inference. This ensures that data remains encrypted throughout its lifecycle and never touches a disk, preventing unauthorized access or data leakage to third parties.
Is Prem an open-source platform?
Prem is dedicated to accelerating the adoption of privacy-centric, open-source AI models. It provides tools and infrastructure that allow users to self-host these models while maintaining full control over their own data and keys.
How does the Prem API compare to OpenAI?
The Prem API is designed as a drop-in, OpenAI-compatible replacement. This allows developers to use familiar request shapes and client interfaces without needing to rewrite their code, while gaining the added benefit of end-to-end encryption and private, self-hosted inference.
What is Prem Enclave?
Prem Enclave is a verifiable AI infrastructure product designed for on-premise, multi-cloud, or VPC environments. It uses secure enclaves and post-quantum encryption to provide a sovereign environment where organizations can run frontier models with cryptographic attestation for every interaction.