PANews reported on November 11 that Gamma, a developer of AI presentation tools, has completed a $68 million Series B funding round, valuing the company at $2.1 billion. The round was led by Andreessen Horowitz (a16z), with participation from Accel, Uncork Capital, Script Capital, and South Park Commons. The company uses AI technology to automatically convert text into presentations and social media content, and has already accumulated 70 million users, including over 600,000 paying users, with annual revenue of approximately $100 million. Gamma has been profitable since 2023, with only 52 full-time employees. Its $12 million funding round in 2024 remains untouched, demonstrating its efficient operations. The new funds will be used to expand enterprise services (latest enterprise account pricing is $480/person/year), recruit AI engineers, and develop international business. Founder Grant Lee stated that Gamma aims to challenge the traditional presentation tool market, including PowerPoint and Google Slides, and is considering acquiring competitors that haven't achieved product-market fit.PANews reported on November 11 that Gamma, a developer of AI presentation tools, has completed a $68 million Series B funding round, valuing the company at $2.1 billion. The round was led by Andreessen Horowitz (a16z), with participation from Accel, Uncork Capital, Script Capital, and South Park Commons. The company uses AI technology to automatically convert text into presentations and social media content, and has already accumulated 70 million users, including over 600,000 paying users, with annual revenue of approximately $100 million. Gamma has been profitable since 2023, with only 52 full-time employees. Its $12 million funding round in 2024 remains untouched, demonstrating its efficient operations. The new funds will be used to expand enterprise services (latest enterprise account pricing is $480/person/year), recruit AI engineers, and develop international business. Founder Grant Lee stated that Gamma aims to challenge the traditional presentation tool market, including PowerPoint and Google Slides, and is considering acquiring competitors that haven't achieved product-market fit.
AI presentation tool developer Gamma has completed a $68 million Series B funding round led by a16z, valuing the company at $2.1 billion.
PANews reported on November 11 that Gamma, a developer of AI presentation tools, has completed a $68 million Series B funding round, valuing the company at $2.1 billion. The round was led by Andreessen Horowitz (a16z), with participation from Accel, Uncork Capital, Script Capital, and South Park Commons. The company uses AI technology to automatically convert text into presentations and social media content, and has already accumulated 70 million users, including over 600,000 paying users, with annual revenue of approximately $100 million.
Gamma has been profitable since 2023, with only 52 full-time employees. Its $12 million funding round in 2024 remains untouched, demonstrating its efficient operations. The new funds will be used to expand enterprise services (latest enterprise account pricing is $480/person/year), recruit AI engineers, and develop international business. Founder Grant Lee stated that Gamma aims to challenge the traditional presentation tool market, including PowerPoint and Google Slides, and is considering acquiring competitors that haven't achieved product-market fit.
Market Opportunity
null Price(null)
--
----
USD
null (null) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Will Bitcoin price crash to $60k as bearish double top coincides with 5-week ETF outflows streak?
Bitcoin price has formed a highly bearish pattern that hints at a potential crash to $60K as both institutional and retail confidence continued to erode in the
Share
Crypto.news2026/02/20 15:46
Nakamoto set to acquire BTC Inc following successful audit
The post Nakamoto set to acquire BTC Inc following successful audit appeared on BitcoinEthereumNews.com. Key Takeaways Nakamoto plans to acquire BTC Inc following a completed and satisfactory audit. The acquisition will be structured as an all-stock deal, meaning Nakamoto will use its stock to buy BTC Inc instead of cash. Nakamoto, chaired by David Bailey, is positioned to acquire BTC Inc once its audit is complete, with the deal structured as an all-stock transaction. The Nakamoto board can exercise its option to acquire BTC Inc once the audit process concludes. The acquisition would be executed through an all-stock transaction structure, according to information released today. Source: https://cryptobriefing.com/nakamoto-acquire-btc-inc-stock-audit/
Share
BitcoinEthereumNews2025/09/18 04:37
BitGo lists HYPE token for trading
The post BitGo lists HYPE token for trading appeared on BitcoinEthereumNews.com. Key Takeaways BitGo has added HYPE token to its supported trading assets. HYPE is the native token of the Hyperliquid protocol, a decentralized exchange and layer-1 blockchain. BitGo added HYPE token for trading today, expanding access to the digital asset from the Hyperliquid protocol. The custody and trading platform now supports HYPE, allowing institutional and retail clients to trade the token through BitGo’s services. Hyperliquid operates as a decentralized exchange and layer-1 blockchain focused on perpetual futures trading. Source: https://cryptobriefing.com/bitgo-lists-hype-token-hyperliquid/
Share
BitcoinEthereumNews2025/09/18 07:01