Home / Business and Economy / AI-Powered Startup Gamma Raises $68M, Valued at $2.1B
AI-Powered Startup Gamma Raises $68M, Valued at $2.1B
10 Nov
Summary
- 5-year-old startup Gamma valued at $2.1 billion
- Employs AI to help users create presentations, social media posts, websites
- Profitable since 2023 with just 52 employees
As of November 10, 2025, the five-year-old startup Gamma has announced that it has raised $68 million in new financing, at a $2.1 billion valuation. The funding round was led by the venture capital firm Andreessen Horowitz.
Gamma, which currently employs just 52 full-time employees, has been profitable since 2023. The company, founded in 2020, uses artificial intelligence to help users quickly turn text into sleek presentations, social media posts, websites, and more. This efficient AI-driven approach has allowed Gamma to amass around 70 million customers, with over 600,000 of them paying a subscription.
The company's success is a testament to the growing demand for AI-powered tools in the business world. Gamma's founder, Grant Lee, had previously worked as an investment banker and consultant, where he spent years creating PowerPoint presentations. Recognizing the need for a more efficient solution, Lee and his co-founders set out to build Gamma, which has now become a multibillion-dollar business.
Gamma plans to use the new funding to continue expanding its offerings for corporate users and hire more AI engineers. The company also intends to take on industry giants like Microsoft's PowerPoint and Google Slides, which together have about 1.5 billion users globally.
