Prentis AI lab raises $100M to build agents automating routine office workflows

According to TechCrunch, Prentis, co-founded by Reid Hoffman and Mark Pincus, is in talks to raise $100 million at a $1 billion valuation to develop computer use models that automate routine office tasks. The lab has already signed contracts worth up to $50 million with customers including healthcare management organizations and manufacturers, with pitch materials projecting an $75 million annualized run rate by Q3 2026 based on contracted fees equal to 20 percent of realized savings.