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Gamma Secures $68 Million Series B, Hits $2.1 B Valuation and $100 Million ARR

Gamma Secures $68 Million Series B, Hits $2.1 B Valuation and $100 Million ARR
TechCrunch

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.

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Source: TechCrunch

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