Gamma, a startup that creates AI-generated presentations, websites, and social media posts, announced on Monday a $68 million Series B round at a $2.1 billion valuation led by Andreessen Horowitz.
Co-founder and CEO Grant Lee posted on X that the company has profitably hit $100 million in ARR, with 70 million users. The startup hit $50 million profitably in its first two years, Lee previously posted. Gamma last raised a $12 million Series A round led by Accel in 2024.
Gamma isn’t exactly a new-to-the-scene AI startup (at least by AI standards). It was founded in late 2020, according to Lee’s LinkedIn, with its product first launching in 2022.
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