Gamma Secures $68 Million Series B, Hits $2.1 B Valuation and $100 Million ARR
Key Points
- Gamma raised $68 million in a Series B round led by Andreessen Horowitz.
- The financing lifts the company’s valuation to $2.1 billion.
- CEO Grant Lee reports $100 million in profitable annual recurring revenue.
- The platform now serves roughly 70 million users worldwide.
- A $20 million secondary offering provides liquidity to early employees.
- Prior funding includes a $12 million Series A led by Accel in 2024.
- Gamma was founded in late 2020 and launched its first product in 2022.
- The company employs about 50 people and plans to expand globally.
Gamma, the AI‑powered platform that creates presentations, websites and social media posts, announced a $68 million Series B round that lifts its valuation to $2.1 billion. Led by Andreessen Horowitz, the round also includes participation from Accel, Uncork Capital and other existing investors. Co‑founder and CEO Grant Lee said the company has reached $100 million in annual recurring revenue on a profitable basis and now serves roughly 70 million users. The funding will support further product development and global expansion.
Funding Milestone and Valuation
Gamma, an artificial‑intelligence startup focused on automating the creation of presentations, websites and social media content, disclosed a $68 million Series B financing round. The round was led by Andreessen Horowitz and featured contributions from existing backers Accel and Uncork Capital, among others. The new capital brings Gamma’s post‑money valuation to $2.1 billion, marking a significant leap for the company.
Revenue Growth and User Base
According to co‑founder and chief executive officer Grant Lee, Gamma has achieved $100 million in annual recurring revenue (ARR) on a profitable basis. The platform now supports an estimated 70 million users worldwide, reflecting rapid adoption of its AI‑generated content tools.
Company History and Prior Funding
Gamma was founded in late 2020 and launched its first product in 2022. The company previously raised a $12 million Series A round in 2024, which was led by Accel. Since its inception, Gamma has maintained a relatively lean capital‑raising trajectory, focusing on sustainable growth.
Team and Liquidity
The company employs roughly 50 people. The latest financing round includes a $20 million secondary offering that provides liquidity to early employees, further aligning incentives across the organization.
Investor Landscape
Beyond Andreessen Horowitz, Accel and Uncork Capital, Gamma’s investor roster includes South Park Commons, Hustle Fund and other venture partners who have supported the company’s development from its early stages.
Future Outlook
With the new capital, Gamma plans to accelerate product innovation, expand its market reach and continue delivering profitable growth. The funding underscores confidence from the venture community in Gamma’s AI technology and its potential to reshape how businesses create visual and digital content.