ProRataAI, Inc. (ProRata), a technology company building AI solutions grounded in respect for content creators, announced the closing of a $40 million Series B financing round led by Touring Capital.

The investment will accelerate the rollout of Gist Answers, a new AI-as-a-service solution that enables publishers to harness the rapid growth of generative AI by embedding custom AI search, summarization, and recommendation functionality directly into their websites and other digital destinations. ProRata has raised more than $75 million since the company's founding last year.