Gamma Hits $100 Million ARR, Valued at $2.1 Billion as AI Era PowerPoint Alternative

Gamma, an AI driven platform built to reinvent visual storytelling, has reached a major milestone as it surpasses 100 million dollars in annual recurring revenue while securing a new round of funding that pushes its valuation to 2.1 billion dollars. The company revealed that it has raised 68 million dollars in a Series B round led by Andreessen Horowitz, with support from Accel, Uncork Capital, and several additional investors. The fresh capital includes a secondary component aimed at giving early employees financial liquidity, underscoring the leadership’s belief that the people behind the product should directly benefit from its momentum.

Unlike several enterprise AI companies that have struggled to convert their early hype into sustainable performance, Gamma has taken a disciplined approach centered on revenue generation and a lean structure. It has stayed profitable for more than two years and reached 100 million dollars in recurring revenue while operating with a team of only 50 employees and relying on 23 million dollars of initial investment. Its rapid rise has been fueled by a global audience of more than 70 million users who rely on the platform to design presentations, websites, and interactive business content. Gamma users have produced over 400 million pieces of content and currently generate more than one million assets each day.

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Investors have not only backed the company but have embraced its product in their own operations. Sarah Wang, General Partner at Andreessen Horowitz, emphasized Gamma’s internal impact stating, “At a16z, we’ve been using Gamma internally for market maps, social media posts, you name it. It has fundamentally changed how we communicate. We couldn’t be more excited to back this incredible team and the transformative product they are building.”

Gamma’s origins trace back to its goal of replacing traditional presentation software like PowerPoint by making content creation easier, faster, and more visually compelling. Over time, the platform has evolved into a comprehensive solution for modern communication, allowing users to build presentations, websites, and collaborative documents within minutes. The recent launch of Gamma 3.0 introduced an AI design agent that enables users to convert raw ideas or existing materials into polished, branded visual experiences almost instantly. Its AI focused interface, intelligent formatting features, and team friendly environment have made it a strong tool for educators, enterprises, and organizations that need to convey information quickly and effectively.

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The platform has already reshaped the workflows of major businesses. Jaspar Eyears, CEO of Another Company in Latin America, described how the shift to Gamma transformed productivity across his organization. “We retired PowerPoint. Every document now runs through Gamma, from internal reports to high stakes proposals. We produce 50+ brand consistent decks a day and hundreds of internal documents and are saving at least 50,000 hours a year. The real shift is focus: our teams spend more time on what matters for us and our clients,” he said.

Grant Lee, CEO and co founder of Gamma, noted that making storytelling accessible to anyone remains at the heart of the company’s mission. “Gamma is solving a universal problem everyone has ideas worth sharing, but not everyone has the time or design skills to make them compelling,” said Lee. “Gamma levels the playing field. This is the future of business storytelling.”

With the influx of capital and soaring demand, Gamma plans to speed up development of new capabilities and expand its workforce, positioning itself for continued growth as it reshapes how people communicate ideas in the AI era.