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    3. Prior Labs

    Prior Labs

    Prior Labs pioneers Tabular Foundation Models (TFMs) purpose-built for structured business data to power agentic AI systems that understand spreadsheets and databases natively.

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    At a Glance

    1Tool Listed
    2Products
    4Capabilities
    Discussions
    Freiburg im Breisgau, GermanyHeadquarters
    2024Est.
    25Employees
    Focus Areas
    AI Development Libraries
    Predictive Analytics
    Data Processing
    Connect
    Latest News
    SAP to Acquire Prior Labs to Establish a Globally Leading Frontier AI Lab in EuropeMay 4, 2026
    Prior Labs raises €9M pre-seed round led by Balderton CapitalFeb 5, 2025
    Markets
    • Enterprise Software
    • Financial Services
    • Retail
    • Manufacturing

    AI Tools by Prior Labs

    (1)
    View TabPFN
    TabPFN tool icon

    TabPFN

    Tabular Data Foundation Model

    AI Dev LibrariesPredictive Analyt.Data Processing

    Discussions

    No discussions yet

    Be the first to start a discussion about Prior Labs

    Latest News

    05/04/2026

    SAP to Acquire Prior Labs to Establish a Globally Leading Frontier AI Lab in Europe

    prnewswire.com
    02/05/2025

    Prior Labs raises €9M pre-seed round led by Balderton Capital

    balderton.com

    Products & Services

    2
    TabPFN
    2022 (Open Source), 2025 (Prior Labs version)

    A Tabular Foundation Model (TFM) purpose-built for structured data. It uses in-context learning to provide instant predictions on tabular datasets without retraining.

    TabPFN-2.6
    2025

    The latest high-performance version of TabPFN, achieving state-of-the-art results on TabArena benchmarks.

    Market Position

    Prior Labs positions itself as the leader in Tabular Foundation Models, competing against traditional AutoML and Gradient Boosting methods (XGBoost, CatBoost) by offering zero-shot, instant prediction capabilities.

    Leadership

    Founders

    FH

    Frank Hutter

    CEO and Co-founder. Professor of Computer Science at the University of Freiburg and a pioneer in Automated Machine Learning (AutoML). He is the creator of TabPFN.

    NH

    Noah Hollmann

    CTO and Co-founder. PhD student at the University of Freiburg and key researcher behind the Tabular Prior-Data Fitted Network (TabPFN).

    SG

    Sauraj Gambhir

    Co-founder. Previously a Product Manager at Meta and has experience in scaling AI products.

    AR

    Alexander Rudolf Diehl

    Co-founder and Founding Advisor. Serial entrepreneur and investor (KKLD*, BMW i Ventures, Architizer).

    Executive Team

    FH

    Frank Hutter

    CEO & Co-founder

    Academic expert in AutoML and deep learning; Professor at University of Freiburg.

    NH

    Noah Hollmann

    CTO & Co-founder

    Lead researcher on Tabular Foundation Models and PhD candidate.

    Board of Directors

    YL
    Yann LeCun
    Scientific Advisory Board Member
    BS
    Bernhard Schölkopf
    Scientific Advisory Board Member & Founding Advisor
    AR
    Alexander Rudolf Diehl
    Founding Advisor

    Founding Story

    Prior Labs was founded to solve the 'tabular data gap' in AI. While LLMs excel at text and code, they struggle with the structured tabular data that runs businesses. The company was born out of Prof. Frank Hutter's research group at the University of Freiburg, building on their breakthrough TabPFN model.

    Business Model

    Revenue
    Not publicly reported (Seed-stage company prior to €1B+ SAP investment deal).

    Revenue Model

    Hybrid model: Open-source strategy for core models (TabPFN) to drive adoption, with enterprise-grade solutions and cloud-based API offerings. Integration into the SAP ecosystem following acquisition.

    Pricing Tiers

    Open Source
    Free

    Available for download and community use (3M+ downloads).

    Enterprise
    Contact for pricing

    Integrated with SAP AI Core and Joule agentic layer.

    Acquired by SAP (Pending regulatory approval)

    Target Markets

    Industries & Segments
    • Enterprise Software
    • Financial Services
    • Retail
    • Manufacturing
    Use Cases
    • Financial risk management
    • Supply chain optimization
    • Customer churn prediction
    • Sales and marketing forecasting
    Notable Customers
    • Taktile

    Quick Facts

    Headquarters
    Freiburg im Breisgau, Germany
    Founded
    2024
    Entity Type
    GmbH
    Employees
    25
    Total Funding
    €9 million (Pre-seed) + €1 billion commitment from SAP
    Investors
    Balderton Capital, SAP (Acquirer)
    Office Locations
    Freiburg
    Berlin

    Funding History

    Pre-seed€9 million ($9.3 million)
    February 2025
    Not disclosed valuation
    Balderton Capital

    History & Milestones

    May 4, 2026

    Announced a definitive agreement to be acquired by SAP, with a planned €1 billion+ investment over 4 years.

    February 2025

    Raised €9 million ($9.3 million) in pre-seed funding led by Balderton Capital.

    Late 2025

    Released TabPFN-2.6, a breakthrough Tabular Foundation Model (TFM) setting new benchmarks.

    2024

    Company founded in Freiburg im Breisgau, Germany, born out of research from the University of Freiburg.

    Key Capabilities

    4
    In-context learning for tabular data
    Instant predictions without retraining
    Statistical reasoning native to tables
    Conversational natural language interface

    Integrations & Partnerships

    Platform Integrations

    • SAP AI Core
    • SAP Business Data Cloud
    • Joule (SAP Agentic Layer)

    Key Partnerships

    University of Freiburg
    SAP

    Connect

    Website
    priorlabs.ai
    GitHub
    PriorLabs
    LinkedIn
    prior-labs
    Discord
    BHnX2Ptf4j

    AI Topics

    3

    Prior Labs focuses on these topics:

    AI Development Libraries(1)
    Predictive Analytics(1)
    Data Processing(1)
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