- Companies
- Gamma
Gamma Revenue, Valuation, Funding & Investors
Gamma is valued at $2.1B as of November 2025, a 21.0x multiple on its last reported $100M revenue.
Last Gamma valuation
$2.1B
Series B · Nov 2025
Last Gamma funding round
$20M
Series B · Nov 2025
Gamma revenue
$100M
Series B · Nov 2025
Key investors in Gamma
Accel
South Park Commons
Hustle Fund
Script Capital
Andreessen Horowitz
Uncork Capital
About Gamma
Gamma is a San Francisco-based AI platform for creating presentations, documents, and webpages. Users generate content from text prompts using templates, exporting to PDF or sharing links. Launched in 2023, it supports unlimited exports and no-code edits, integrating with Google Drive for enterprise teams.
Founded
2020
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Revenue
$100M (Nov 2025)
Valuation
$2.1B (Nov 2025)
Gamma Valuation
Gamma is currently valued at $2.1B, based on its Series B in November 2025.
The $20M round was led by Andreessen Horowitz, with participation from Uncork Capital, Script Capital, Accel, Hustle Fund and South Park Commons.
Gamma's valuation has moved from $2.1B at its secondary sale in November 2025 to $2.1B in November 2025, across 2 priced rounds.
Gamma valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Nov 2025 | Series B | $2.1B | 21.0x |
| Nov 2025 | Secondary | $2.1B | 21.0x |
Gamma Revenue
Gamma's latest recorded revenue is $100M, as of its Series B in November 2025. At a $2.1B valuation, that implies a 21.0x revenue multiple.
Revenue moved from $100M in November 2025 to $100M in November 2025, while the revenue multiple moved from 21.0x to 21.0x.
Gamma revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Nov 2025 | $100M | $2.1B | 21.0x | Series B |
| Nov 2025 | $100M | $2.1B | 21.0x | Secondary |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Gamma Funding History
Gamma has raised a total of $42M across 4 funding rounds, plus 1 secondary share sale.
Gamma's first fundraising round was a $3M pre-seed round in October 2020. The most recent completed round was a $20M Series B in November 2025.
Gamma funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Nov 2025 | Series B | Andreessen Horowitz (lead); Uncork Capital; Script Capital; Accel; Hustle Fund; South Park Commons | $20M | $2.1B | Gamma is an AI-powered platform for creating presentations, websites, and social media posts, positioning itself as a modern replacement for PowerPoint with generative AI capabilities that solve the 'blank page' problem by producing structured drafts from user ideas. Founded in late 2020 and launched in 2022, it has grown rapidly amid the AI boom, reaching 70 million users globally who have created over 400 million assets, with 1 million pieces generated daily. On November 10, 2025, Gamma announced a $68 million Series B funding round at a $2.1 billion post-money valuation, led by Andreessen Horowitz, with participation from Accel, Uncork Capital, South Park Commons, Script Capital, and others including Hustle Fund. The round brings total funding to about $90 million and includes a secondary offering for early employee liquidity. The company achieved this 'double unicorn' status with a lean team of 50 employees, having raised only $23 million initially. At the time of the round, Gamma surpassed $100 million in annual recurring revenue (ARR) profitably, doubling from $50 million ARR hit in 2024, all within three years of product launch. It has maintained profitability for over two years, demonstrating efficient scaling in the competitive AI productivity space against incumbents like Microsoft PowerPoint. The funding will accelerate product development, including AI image editing, Gamma Agent, API for automation, and expansions like Gamma for Teams and Gamma Ultra, to meet surging enterprise demand from businesses replacing legacy tools and saving significant time on content creation. Gamma's high employee retention, with all ten first employees still onboard after five years, supports its execution velocity. |
| Nov 2025 | Secondary | Andreessen Horowitz (lead); Uncork Capital; Accel; Hustle Fund; South Park Commons | $20M | $2.1B | Gamma is an AI-powered platform for creating presentations, websites, interactive documents, and social media posts, founded in 2020 by Grant Lee, James Fox, and Jon Noronha, and headquartered in San Francisco. The company serves 70 million users globally, generating over 1 million pieces of content daily, and positions itself as an alternative to tools like PowerPoint with features including smart layouts, collaborative workspaces, and AI design agents like Gamma 3.0. Gamma raised $68 million in a Series B round in November 2025 at a $2.1 billion valuation, led by Andreessen Horowitz, with participation from Accel, Uncork Capital, South Park Commons, Hustle Fund, and others. The round included a secondary offering for early employee liquidity and brought total funding to approximately $90-91 million. Prior to this, Gamma completed a $12 million Series A in 2024 led by Accel. At the time of the Series B, Gamma achieved $100 million in annual recurring revenue (ARR) profitably, having reached $50 million ARR in its first two years. The company operates with about 50 employees and focuses on expanding AI capabilities, team growth, and business features like Gamma for Teams and Gamma Ultra to meet demand from enterprises replacing legacy tools. |
| May 2024 | Series A | Accel (lead); Fellows Fund; Script Capital; Lorimer Ventures; South Park Commons | $12M | - | - |
| Oct 2021 | Seed | Accel (lead); Afore Capital (lead); LocalGlobe; Hyphen Capital; Script Capital; Jeff Weiner; Hustle Fund; Eric Yuan; South Park Commons | $7M | - | Gamma is an AI-powered platform for creating presentations, websites, and interactive documents using smart layouts, collaborative workspaces, and AI design agents. The San Francisco-based company secured a $7 million seed round in October 2021 led by Accel and Afore Capital, with angel investments from founders of Airtable, Patreon, Segment, and Honey, as well as Zoom CEO Eric Yuan, Hustle Fund, Hyphen Capital, Jeff Weiner, LocalGlobe, Script Capital, and South Park Commons. This followed an initial funding total of $23 million across early rounds before later raises. Gamma has since demonstrated strong growth, reaching 70 million global users who have created over 400 million presentations, websites, and assets, generating more than 1 million pieces of content daily. The company achieved profitability in its first two years and scaled with a lean team of about 50 employees. In November 2025, Gamma raised a $68 million Series B at $2.1 billion valuation led by Andreessen Horowitz, with Accel and Uncork Capital participating, including a secondary offering for employee liquidity, and surpassing $100 million in annual recurring revenue. |
| Oct 2020 | Pre-seed | Afore Capital | $3M | - | - |
Who has invested in Gamma?
13 investors have backed Gamma across its funding rounds, including Accel, South Park Commons, Hustle Fund, Script Capital, Andreessen Horowitz and Uncork Capital.
Lead investors include Andreessen Horowitz, Accel and Afore Capital.
Gamma Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Lead | Oct 2021 | ||
| 4 | Participant | Oct 2021 | ||
| 3 | Participant | Oct 2021 | ||
| 3 | Participant | Oct 2021 | ||
| 2 | Lead | Nov 2025 | ||
| 2 | Lead | Oct 2020 | ||
| 2 | Participant | Nov 2025 | ||
| 1 | Participant | Oct 2021 | ||
| 1 | Participant | Oct 2021 | ||
| 1 | Participant | May 2024 | ||
| 1 | Participant | Oct 2021 | ||
This data is available for Pro users. Sign up to see all 13 Gamma investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by Gamma
Gamma has acquired 1 company to date.
Last acquisition by Gamma was on August 25th 2026. Gamma acquired Lica World for undisclosed valuation.
Latest Acquisitions by Gamma
| Description | Lica World is an AI platform that generates educational and product demonstration videos from screenshots and screen recordings. Users upload content to produce professional films with voiceovers, animations, and subtitles. Based in Europe, Lica World targets e-learning providers, software companies, and marketers seeking quick video creation without editing expertise. |
| HQ Country | |
| HQ City | San Francisco, CA |
| Deal Date | 25 Aug 2026 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Gamma acquisitions and their M&A valuation multiples. Start Free Trial | |
Gamma Competitors
Gamma competitors include listed companies like Asana, Weaver Network and Monday.com, and private ones like InVision, ClickUp and Aircall.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $100M | - | $1.9B | 19.0x | ||
| Publicly listed | $791M | ($175M) | $2.3B | 2.7x | ||
| Publicly listed | $341M | $43M | $1.6B | 4.2x | ||
| Publicly listed | $1.2B | $8M | $3.8B | 2.1x | ||
| Private | $300M | - | $4B | 13.3x | ||
| Private | $175M | - | $1B | 5.7x |
Gamma Public Comps
Gamma is still privately-owned, but its public comps include Calix, Asana, Planisware, Weaver Network, Opera, Bandwidth, Five9, Ireader, SoundHound and Appian.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1B | $38M | 2.0x | 1.8x | 52.9x | 13.6x | |||
| $791M | ($175M) | 2.8x | 2.7x | (12.8x) | 22.8x | |||
| $228M | $78M | 7.3x | 6.7x | 21.5x | 18.4x | |||
| $341M | $43M | 4.4x | 4.2x | 34.6x | 28.3x | |||
| $615M | $141M | 2.4x | 2.1x | 10.5x | 9.2x | |||
| $754M | $39M | 2.7x | 2.3x | 51.2x | 17.3x | |||
| $1.1B | $91M | 2.4x | 2.2x | 30.1x | 9.1x | |||
| $484M | ($16M) | 2.7x | 3.5x | (81.1x) | - | |||
This data is available for Pro users. Sign up to see all Gamma competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Gamma
| When was Gamma founded? | Gamma was founded in 2020. |
| Where is Gamma headquartered? | Gamma is headquartered in San Francisco, CA, United States. |
| Is Gamma publicly listed? | No, Gamma is a private, VC-backed company. |
| What is Gamma's valuation? | Gamma was last valued at $2.1B in its Series B in November 2025. |
| How much funding has Gamma raised? | Gamma has raised $42M across 4 funding rounds. |
| What was Gamma's last funding round? | Gamma's last funding round was a $20M Series B in November 2025, led by Andreessen Horowitz. |
| Who are Gamma's investors? | Gamma's investors include Accel, South Park Commons, Script Capital, Hustle Fund, Andreessen Horowitz, Afore Capital, Uncork Capital, LocalGlobe, Hyphen Capital, Fellows Fund and 3 others. |
| What is Gamma's revenue? | Gamma's latest recorded revenue is $100M (November 2025). |
| What is Gamma's revenue multiple? | Gamma's latest valuation implies a 21.0x revenue multiple ($2.1B valuation on $100M of revenue). |
| Which companies are comparable to Gamma? | Companies comparable to Gamma include InVision, Asana, Weaver Network, Monday.com, ClickUp and Aircall. |
| How many companies has Gamma acquired? | Gamma has acquired 1 company, including Lica World. |
See companies similar to Gamma
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




