Pitch Valuation, Funding & Investors

Pitch is valued at $600M as of May 2021.

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Last Pitch valuation

$600M

Series B · May 2021

Last Pitch funding round

$85M

Series B · May 2021

Cumulative funding Pitch raised

$138M

across 4 funding rounds

Key investors in Pitch

  • Index Ventures
  • Thrive Capital
  • BlueYard Capital
  • Tiger Global
  • Lakestar
  • Slack Fund

Pitch Overview

About Pitch

Pitch is a Berlin-based presentation and sales-enablement software platform, originally built as a design-focused alternative to tools like PowerPoint before evolving into a platform for revenue and sales teams. The company operates a freemium, product-led growth model with more than a million free workspaces, monetizing through Pro and Business subscription tiers priced between roughly $22 and $100 per user per month. Pitch underwent a major business reset in early 2024 that reduced its team from 180 to 40 employees, after which it returned to growth, reaching $10 million in annual recurring revenue by February 2025.


Founded

2018

HQ

GermanyGermany

Website

pitch.com

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Valuation

$600M (May 2021)

Pitch Valuation

Pitch is currently valued at $600M, based on its Series B in May 2021.

The $85M round was led by Lakestar and Tiger Global, with participation from Index Ventures and Thrive Capital.

Pitch valuation by funding round

Pitch valuation by funding round
DateStageValuation
May 2021Series B$600M

Pitch Funding History

Pitch has raised a total of $138M across 4 funding rounds.

Pitch's first fundraising round was a $4M seed round in February 2018. The most recent completed round was a $85M Series B in May 2021.

Pitch funding rounds

Pitch funding rounds
DateStageInvestorsRaisedValuationDeal Summary
May 2021Series BLakestar (lead); Tiger Global (lead); Index Ventures; Thrive Capital$85M$600MPitch is a presentation and sales enablement platform that evolved from a design-focused tool into a comprehensive pitching platform targeting revenue teams and sales organizations. The company operates a freemium, product-led growth model with over 1 million free workspaces and monetizes through premium tiers including Pro at $22-25 per user per month and Business plans at $80-100 for small teams, achieving approximately 3% conversion rates and $30-40 average revenue per user. Pitch raised $137M total across four funding rounds from 2018-2021, with the Series B of $85M in May 2021 led by Lakestar and Tiger Global Management. The company reached a peak valuation of approximately $600M during this 2021 round, reflecting strong investor enthusiasm for remote work and collaboration tools at that time. By February 2025, after a dramatic business reset in January 2024 that returned most venture capital to investors and reduced headcount from 180 to 40 employees, Pitch achieved $10M in annual recurring revenue, representing roughly 90% year-over-year growth from $4.9M at the end of 2023.
Oct 2019Undisclosed stageThrive Capital (lead); Tiny Capital; Mike Krieger; Rahul Vohra; Amaranthine; Tapestry VC; Kevin Systrom$30M-Pitch is a Berlin-based collaborative presentation software platform designed to improve upon traditional tools like PowerPoint by offering delightful user experiences, templates, and features for teams to communicate ideas effectively. The company announced a $30 million funding round in October 2019 led by Thrive Capital, with participation from existing investors and notable angels such as Kevin Systrom and Mike Krieger of Instagram, Rahul Vohra of Superhuman, and others including Amaranthine, Tapestry VC, and Tiny Capital. This followed prior rounds: a $3M seed in February 2018 led by BlueYard Capital and a $19M Series A in October 2018 led by BlueYard Capital and Index Ventures. The 2019 round aimed to enhance platform features, scale operations, and progressively invite more teams for beta testing after initial users like Notion and Framer. At the time of the announcement, Pitch was in limited preview beta, emphasizing product development in partnership with design agency MetaLab based on user interviews and feedback to address pain points in presentation software. The funding supported ambitions to impact decision-making and information distribution across business, politics, education, and creative communities, where hundreds of millions rely on presentations. Pitch positioned itself as a competitor to established presentation tools, with the Series B-equivalent funding enabling further growth amid a wave of productivity software investments in 2019, similar to tools like Loom and Kapwing raising comparable amounts.
Oct 2018Series ABlueYard Capital (lead); Index Ventures (lead); Freigeist Capital; Slack Fund; Simon Willnauer; Koen Bok; Frank Thelen; Eric Yuan; Andrew Wilkinson; Olivier Pomel$19M-Pitch is a presentation and sales enablement platform that evolved from a design-focused tool to a revenue team solution. The company operates a freemium, product-led growth model monetizing over 1 million free workspaces by converting approximately 3% of teams to paid plans, with estimated average revenue per user of $30-40. Pitch reached a peak valuation of approximately $600M in 2021 during strong investor enthusiasm for remote work tools, having raised $137M total across four rounds from 2018-2021, with the most recent Series B being an $85M round in May 2021 led by Lakestar and Tiger Global Management. The company underwent a major business reset in January 2024, returning most venture capital to investors and reducing headcount by approximately 78% from 180 employees to 40. By February 2025, Pitch achieved $10M in annual recurring revenue, representing roughly 90% year-over-year growth from $4.9M at the end of 2023.
Feb 2018SeedBlueYard Capital (lead)$4M-Pitch is a Berlin-based software company founded in January 2018 by the team behind Wunderlist, building a collaborative platform for presentations and content for individuals and teams. The company raised a $3 million seed round in February 2018 led by BlueYard Capital to kickstart development of its presentation platform. This was followed by a $19 million Series A in October 2018 co-led by Index Ventures and BlueYard Capital, bringing total funding to $22 million with participation from Slack Fund and angels including Zoom, Datadog, Framer, and Elastic founders. The Series A funds were allocated to expand the team in design, engineering, and marketing, and to launch the product. Pitch went on to raise additional rounds totaling $137 million through 2021, including a $30 million round in 2019 led by Thrive Capital.

Who has invested in Pitch?

19 investors have backed Pitch across its funding rounds, including Index Ventures, Thrive Capital, BlueYard Capital, Tiger Global, Lakestar and Slack Fund.

Lead investors include Lakestar, Tiger Global, Thrive Capital, BlueYard Capital and Index Ventures.


Pitch Investors

Investors in Pitch by funding rounds participated
InvestorHQRoundsRoleFirst check
Index VenturesUnited KingdomLondon2LeadOct 2018
BlueYard CapitalGermanyBerlin2LeadFeb 2018
Thrive CapitalUnited StatesNew York City, NY2LeadOct 2019
Freigeist CapitalGermanyBonn1ParticipantOct 2018
Tiny CapitalCanadaVictoria1ParticipantOct 2019
Slack FundUnited StatesSan Francisco, CA1ParticipantOct 2018
Simon WillnauerGermanyBerlin1ParticipantOct 2018
Mike KriegerUnited StatesSan Francisco, CA1ParticipantOct 2019
Tiger GlobalUnited StatesNew York City, NY1LeadMay 2021
Rahul VohraUnited StatesSan Francisco, CA1ParticipantOct 2019
LakestarSwitzerlandZurich1LeadMay 2021
Koen BokNetherlandsAmsterdam1ParticipantOct 2018
Frank ThelenGermanyCologne1ParticipantOct 2018

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Pitch Competitors

Pitch competitors include listed companies like Cybozu and Weaver Network, and private ones like Typeform, Aircall, IFTTT and Otter.ai.

Public and private companies comparable to Pitch
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
CybozuJapanJapanPublicly listed$241M$84M$881M3.1x
TypeformSpainBarcelonaPrivate$70M-$935M13.4x
AircallUnited StatesNew York City, NYPrivate$175M-$1B5.7x
IFTTTUnited StatesSan Francisco, CAPrivate$9M-$249M27.7x
Otter.aiUnited StatesSan Francisco, CAPrivate$100M-$244M2.4x
Weaver NetworkChinaChinaPublicly listed$341M$43M$1.6B4.2x

Pitch Public Comps

Pitch is still privately-owned, but its public comps include Ooma, Sprout Social, Consensus Cloud, Enghouse Systems, Tanla Platforms, Truecaller, Vercom, Foxit Software, Note Inc. and Agora.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Ooma$274M$19M2.4x2.1x35.5x15.4x
Sprout Social$458M($31M)1.3x1.2x(18.6x)8.1x
Consensus Cloud$350M$166M3.2x3.1x6.8x5.9x
Enghouse Systems$357M$87M1.4x1.4x5.6x5.6x
Tanla Platforms$461M$76M1.2x1.2x7.6x7.1x
Truecaller$195M$61M3.2x3.4x10.2x11.8x
Vercom$125M$34M5.9x5.2x21.8x18.2x
Foxit Software$159M$13M3.4x3.0x39.8x19.8x

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Common questions about Pitch

When was Pitch founded?Pitch was founded in 2018.
Where is Pitch headquartered?Pitch is headquartered in Germany.
Is Pitch publicly listed?No, Pitch is a private, VC-backed company.
What is Pitch's valuation?Pitch was last valued at $600M in its Series B in May 2021.
How much funding has Pitch raised?Pitch has raised $138M across 4 funding rounds.
What was Pitch's last funding round?Pitch's last funding round was a $85M Series B in May 2021, led by Lakestar and Tiger Global.
Who are Pitch's investors?Pitch's investors include Index Ventures, BlueYard Capital, Thrive Capital, Freigeist Capital, Tiny Capital, Slack Fund, Simon Willnauer, Mike Krieger, Tiger Global, Rahul Vohra and 9 others.
Which companies are comparable to Pitch?Companies comparable to Pitch include Cybozu, Typeform, Aircall, IFTTT, Otter.ai and Weaver Network.

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