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.

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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

Gamma Overview

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

United StatesSan Francisco, CA

Website

gamma.app

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
Gamma valuation by funding round
DateStageValuationRevenue Multiple
Nov 2025Series B$2.1B21.0x
Nov 2025Secondary$2.1B21.0x

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

Gamma revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Nov 2025$100M$2.1B21.0xSeries B
Nov 2025$100M$2.1B21.0xSecondary

* 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

Gamma funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Nov 2025Series BAndreessen Horowitz (lead); Uncork Capital; Script Capital; Accel; Hustle Fund; South Park Commons$20M$2.1BGamma 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 2025SecondaryAndreessen Horowitz (lead); Uncork Capital; Accel; Hustle Fund; South Park Commons$20M$2.1BGamma 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 2024Series AAccel (lead); Fellows Fund; Script Capital; Lorimer Ventures; South Park Commons$12M--
Oct 2021SeedAccel (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 2020Pre-seedAfore 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

Investors in Gamma by funding rounds participated
InvestorHQRoundsRoleFirst check
AccelUnited StatesPalo Alto, CA4LeadOct 2021
South Park CommonsUnited StatesSan Francisco, CA4ParticipantOct 2021
Script CapitalUnited StatesSan Francisco, CA3ParticipantOct 2021
Hustle FundUnited StatesSan Francisco, CA3ParticipantOct 2021
Andreessen HorowitzUnited StatesSan Francisco, CA2LeadNov 2025
Afore CapitalUnited StatesSan Francisco, CA2LeadOct 2020
Uncork CapitalUnited StatesSan Francisco, CA2ParticipantNov 2025
LocalGlobeUnited KingdomLondon1ParticipantOct 2021
Hyphen CapitalUnited StatesSan Francisco, CA1ParticipantOct 2021
Fellows FundUnited StatesSan Francisco, CA1ParticipantMay 2024
Jeff WeinerUnited StatesSan Francisco, CA1ParticipantOct 2021

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Acquisitions 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

Lica World
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 CountryUnited States
HQ City
San Francisco, CA
Deal Date25 Aug 2026
Valuationundisclosed
EV/Revenue
EV/EBITDA

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Gamma Competitors

Gamma competitors include listed companies like Asana, Weaver Network and Monday.com, and private ones like InVision, ClickUp and Aircall.

Public and private companies comparable to Gamma
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
InVisionUnited StatesNew York City, NYPrivate$100M-$1.9B19.0x
AsanaUnited StatesUnited StatesPublicly listed$791M($175M)$2.3B2.7x
Weaver NetworkChinaChinaPublicly listed$341M$43M$1.6B4.2x
Monday.comUnited StatesUnited StatesPublicly listed$1.2B$8M$3.8B2.1x
ClickUpUnited StatesSan Diego, CAPrivate$300M-$4B13.3x
AircallUnited StatesNew York City, NYPrivate$175M-$1B5.7x

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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Calix$1B$38M2.0x1.8x52.9x13.6x
Asana$791M($175M)2.8x2.7x(12.8x)22.8x
Planisware$228M$78M7.3x6.7x21.5x18.4x
Weaver Network$341M$43M4.4x4.2x34.6x28.3x
Opera$615M$141M2.4x2.1x10.5x9.2x
Bandwidth$754M$39M2.7x2.3x51.2x17.3x
Five9$1.1B$91M2.4x2.2x30.1x9.1x
Ireader$484M($16M)2.7x3.5x(81.1x)-

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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.

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