PrivateAI

What PrivateAI does

PrivateAI is a decentralized AI protocol platform that enables users to store, process, validate, and monetize data assets through privacy-preserving computation. Incorporated as WEB3 FOUNDATION LLC in the Cook Islands in 2024, the company combines Fully Homomorphic Encryption (FHE), Confidential Machine Learning (ConfML) via Zama's Concrete-ML, and Tendermint-based consensus to allow computation on encrypted data without exposing underlying inputs. The platform extracts multi-layer knowledge graphs from peer-reviewed scientific texts (ArXiv articles), supports semantic search via LaBSE embeddings, and applies Graph Neural Networks for anomaly and inconsistency detection across research databases.

The core product suite includes the PrivateAI Platform, a Developer Portal with 3D graph visualization, an AI Assistant built on Mixtral models, a Data Marketplace for trading proprietary datasets, and "The Thing" — an on-chain sentiment analysis tool for crypto traders. The ecosystem runs on the $PGPT token (100M total issuance), listed on MEXC, with planned cross-chain bridges to Ambrosus, Fantom, BitLayer, and 0chain. The go-to-market is multi-channel: self-serve freemium tiers (Free, Premium, Enterprise), community-led growth via Discord/Telegram, an Ambassador program, Referral Staking, and a planned B2B Data Terminal for institutional clients. Target segments span healthcare and medical research, academic and GenAI companies seeking curated training data, and crypto/DeFi traders; the USA and North Korea are excluded geographies.

Revenue mechanics blend AI-as-a-Service subscriptions (51% to revenue, with 30% buyback/burn), a 2% dApp marketplace transaction capture, custom enterprise solutions (80% to revenue), data and IP resale, encryption/decryption services, staking rewards, and on-chain private transfer fees. The company has completed a pre-seed round and is actively raising $5M in seed funding. The team of 11–50 includes CTO Maxim Prishchepo (Lachesis inventor, ex-Fantom Lead Architect), CEO Dr. Kate Ianishevska (ex-CMO Ambrosus/Dogecoin Foundation), and advisor Angel Versetti (Forbes 30U30, ex-Ambrosus founder).

Name

PrivateAI

Legal name

WEB3 FOUNDATION LLC

Website

https://privateai.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

PrivateAI is a decentralized AI protocol using Fully Homomorphic Encryption and knowledge graphs to enable privacy-preserving storage, processing, and monetization of scientific data via the $PGPT token, serving healthcare researchers, GenAI companies, and crypto traders.

Ownership category

akta.pro rank

Product category

Privacy-Preserving AI Data Platform

NAICS

Software Publishers (5132), Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) (533), Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) (533110)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Privacy-Preserving Data (De-identification, Anonymization, PII Redaction) (HDAAALAG)

akta.pro secondary industries

Privacy-Preserving On-Device ML (secure enclaves, TEEs, differential privacy) (HDAAAJAH), RWA Oracles, Data Attestation & Proof-of-Reserve/Proof-of-Collateral (FSADAEAM), Private Credit — Royalty & IP-Backed Finance (FSAHAJAM)

Keywords

• Privacy-preserving AI
• Decentralized data marketplace
• Knowledge graphs
• Homomorphic encryption
• AI data protocol

Headquarters

HQ city

Remote

HQ country

Cook Islands

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations

Revenue model

1. AI-as-a-Service Subscription: Subscription model for AI services with 30% buyback and burn of PGPT, 51% revenue, and 19% treasury allocation.
2. Privacy-focused AI dApp Marketplace: Marketplace with 2% transaction capture on privacy-focused AI dApp transactions, with 30% buyback/burn mechanism.
3. Custom Enterprise Solutions: Enterprise-grade custom solutions with 20% buyback/burn and 80% revenue allocation.
4. Data Marketplace Transactions: Platform marketplace for purchasing proprietary data using knowledge graphs and language models, with contributors earning proceeds from sales.
5. IP/Datasets Resale: Resale of IP and datasets gathered via PrivateAI platform, with 20% burn and 80% treasury allocation in PGPT.
6. Encryption/Decryption Services: Fees for data encryption and decryption services using PrivateAI platform, with 10% burn and 90% treasury allocation.
7. Staking Rewards: Node staking for consensus participation with 51% revenue to stakers and 49% to treasury.
8. On-chain Private Transfer Fees: Future transaction fees for on-chain private transfers with 2% burn mechanism.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels11 records

Core offering

PrivateAI is an AI protocol platform that enables users to store, process, validate, and monetize data assets. It ingests unstructured scientific text and converts it into machine-learning-ready datasets through multi-layer knowledge graphs and NLP pipelines. A decentralized data marketplace, powered by the $PGPT token, allows contributors to sell proprietary datasets while Fully Homomorphic Encryption and Confidential Machine Learning protect privacy throughout.

Product overview

PrivateAI is an AI protocol platform that enables users to store, process, validate, and monetize scientific data assets through knowledge graphs. The platform consists of a core AI platform, the $PGPT token economy, and a data marketplace. Key products include Knowledge Graphs for extracting and visualizing relationships from scientific texts, an AI Assistant using Mixtral models for semantic search, a Data Marketplace for buying and selling proprietary data, and The Thing (an on-chain sentiment analysis trading tool). The platform offers three pricing tiers: Free Plan, Premium Subscription, and Enterprise Solutions with unlimited API access. The ecosystem is powered by the $PGPT token for payments, staking, and rewards, with Fully Homomorphic Encryption (FHE) and Confidential Machine Learning (ConfML) ensuring data privacy.

Differentiator

Problem solved

Functional benefit

Brands

• The Thing: On-chain sentiment analysis application that allows users to cherry pick the best influencers and telegram channels to follow. Users can create their own customizable telegram bots and AI agents which find A+ trading set-ups based on the narrative of the day.

Products and services

• PrivateAI Platform AI protocol platform that ingests unstructured scientific data, converts it into ML-ready datasets via multi-layer knowledge graphs, and exposes a data marketplace plus AI services for researchers, healthcare organizations, and GenAI companies.
• Developer Portal API-first developer interface at docs.privateai.com featuring 3D graph visualization, graph export (CSV/XLSX), graph comparison, enhanced ArXiv integration, and source filtering for developers building on the PrivateAI protocol.
• The Thing On-chain sentiment analysis application that lets users cherry-pick influencers and Telegram channels, then create customizable Telegram bots and AI agents that identify trading setups based on the narrative of the day.

Quantifiable outcome

• ResNet18 model evaluation: 66% accuracy on GPU (0.6s), 58% with quantization (115.8s), 56% with FHE simulation (699.8s)

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability8 records

Feature8 records

Partnerships

Four partnerships are on record, tiered core and minor.

• MEXC ExchangecoreChannel Partner/ Reseller/ DistributorPGPT token listed on MEXC exchange with PGPT/USDT trading pair. Listed in the Strategic Support section of the website alongside other ecosystem partners.
• Ambrosus EcosystemcoreStrategic or Co-development PartnerCo-founders previously founded and exited Ambrosus ($250m exit). Shared ecosystem connections and investor networks from Ambrosus community.
• Fantom FoundationcoreStrategic or Co-development PartnerCTO Maxim Prishchepo was ex Lead Architect at Fantom Foundation ($FTM), inventor of Lachesis consensus algorithm. Shared technical expertise and ecosystem relationships.
• Microsoft Startup Founder HubminorGTM or Marketing PartnerPrivateAI was admitted to Microsoft Startup Founder Hub, providing access to Azure cloud credits and Microsoft ecosystem resources.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• Secret Network: Privacy-focused blockchain with programmable encrypted smart contracts using TEEs. Comparable as a privacy-preserving computation platform supporting confidential smart contracts and AI-related workloads.
• Story Protocol: IP-focused blockchain protocol that tokenizes intellectual property rights and enables programmable licensing. Comparable as a tokenization platform for non-financial intangible assets (IP/data) with overlapping marketplace and royalty mechanics.
• Ritual: Emerging decentralized AI protocol building an AI-native chain for hosting and serving models. Comparable as an early-stage decentralized AI infrastructure project with a focus on model serving and inference, partially overlapping PrivateAI's AI protocol ambition.
• Numerai: AI-driven hedge fund that crowdsources ML models from data scientists via the NMR token. Comparable as a token-incentivized AI/data marketplace model with overlapping crowdsourcing and data-monetization mechanics.

Direct peers

• Nillion: Privacy-preserving computation network using blind computation across multiple cryptographic techniques. Direct competitor in the privacy-preserving AI infrastructure category, sharing PrivateAI's positioning around computation on encrypted data.
• Ocean Protocol: Decentralized data exchange protocol that enables data sharing and monetization while preserving privacy, with a native token (OCEAN). Direct competitor in the data marketplace category with similar token-driven economics and a focus on AI training data.
• Bittensor: Decentralized machine learning network that rewards contributors for training and serving AI models via the TAO token. Direct competitor in decentralized AI infrastructure with comparable token-incentivized contribution economics.
• Fetch.ai: Decentralized AI agent platform with FET token, building autonomous agents and ML infrastructure. Comparable as a blockchain-AI protocol with token-driven economics and overlapping developer-focused ecosystem.
• SingularityNET: Decentralized AI marketplace where developers publish and monetize AI services using the AGIX token. Direct competitor as a tokenized AI services marketplace with overlapping AI-as-a-Service and decentralized ML positioning.

Others

• Zama: Open-source cryptography company building Fully Homomorphic Encryption tools (Concrete-ML, Concrete). Listed as PrivateAI's FHE technology partner; comparable as adjacent enabling technology provider whose roadmap directly impacts PrivateAI's privacy-preserving AI capability.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/privateAIcom
• GitHubgithub.com/privateai-com
• YouTubeyoutube.com/@privateaipgpt
• LinkedInlinkedin.com/company/privateai

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PrivateAI