Gamma Raises $68M Series B at $2.1B Valuation, Surpasses $100M ARR

Gamma, a visual AI storytelling platform aiming to reinvent business communication, has raised $68 million in a Series B round led by Andreessen Horowitz, valuing the company at $2.1 billion. Bolstered by 70 million users and $100 million in annual recurring revenue, Gamma’s disciplined approach stands out in an enterprise AI market often marked by inflated expectations and lagging revenues.

Founded in 2020, Gamma’s technology leverages agentic AI to transform rough ideas, docs, and web links into fully designed presentations, websites, and interactive documents in minutes. Its latest release, Gamma 3.0, introduces built-in AI design agents, smart layouts, and collaborative workspaces, helping teams and educators rapidly produce polished, brand-consistent content.

We’re proud to lead Gamma’s Series B at a $2.1B valuation and back the team building the anti-PowerPoint.

In a post-AI world, there’s no reason we should still be using software introduced in 1987 to communicate ideas. Things that used to be hard are now easy, and slideware… https://t.co/3T0Zs7OJzZ pic.twitter.com/kHLNQJKjRH

— a16z (@a16z) November 10, 2025

Gamma’s exceptional capital efficiency—operating profitably for more than two years after an initial $23 million investment and maintaining a lean 50-person team—has fueled rapid user adoption. Customers have generated over 400 million assets on the platform, with over a million new creations daily, and many organizations have replaced PowerPoint for all internal and external communications.

Enterprise clients report dramatic productivity gains, saving tens of thousands of hours annually through automated content and efficient workflows. The fresh funds are earmarked for expanding engineering and product development to address surging global demand and growing enterprise requirements.

Investors underscore Gamma’s operational rigor and real-world usability, calling it the future of visual business storytelling. With broad adoption, immediate ROI, and a robust, AI-native workflow, Gamma is shaping the next era of workplace communication and collaboration.