Fundraising Fox

Gamma

Unicorn · $2.1B

7 known investors

Find your way into Gamma

246 people in our graph share verified history with the Gamma team — schools, employers, funds. One of them is your warm intro.

Bijan Sabetunlockedknows James Fox · together at Biden for President (overlapped)
×3knows the team · via California Polytechnic State University-San Luis Obispo
×4knows the team · via Optimizely
×3knows the team · via KPMG Advisory
knows the team · via Gamma

Gamma is an AI design tool that generates presentations, websites, and other content from prompts without requiring coding or design skills. It targets general users who want to create polished visual content quickly.

Also known as Gamma · gamma.app

Founders & leadership

GLGrant Lee
Grant LeeinFounderFounder at Gamma.app
JNJon Noronha
Jon NoronhainFounderFounder at Gamma.app
JFJames Fox
James FoxinFounderHe has extensive experience in TypeScript, React, JavaScript, and related frontend and backend technologies.

Investors · 7

Valuation · disclosed

Disclosed events
$2.1Bvaluation at Series BNov 2025
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Company profile

researched Aug 2026

Gamma develops an AI design product that turns written input into presentations, websites, documents and social media posts without requiring coding or design skills. Users describe what they want and the system handles layout, hierarchy, typography, color and visual structure, producing web-native artifacts rather than static files. Outputs are interactive and shareable by link, and the company positions the product as an alternative to traditional presentation software such as PowerPoint and Keynote.

Beyond decks, Gamma lets users publish single- or multi-page websites. Any Gamma document or deck can be converted into a site, published to a free gamma.site subdomain, or, for Pro subscribers, connected to a custom domain with automatic or manual DNS setup and SSL issuance; hosting is handled by Gamma. Site features include navigation, page-level publishing, preview across desktop, tablet and mobile, and the ability to unpublish or disable a site. As documented by the company, Gamma sites do not currently support e-commerce or blogging, and sites cannot be reverted to their original presentation format. Gamma also offers an API so users can connect it to other tools and generate branded decks, reports or websites at scale from triggers such as CRM or spreadsheet data.

Founding story

Co-founders Grant Lee, Jon Noronha and James Fox met at Optimizely, where working on experimentation shaped their approach to product and company building. Lee has described early skepticism about the concept, including an investor telling him it was the dumbest idea he had ever heard.

Business model

Gamma operates a freemium software business: the product is free to use, with paid tiers (including a Pro subscription that adds capabilities such as connecting custom domains) and an API for programmatic generation. The company reports having reached profitability, which its CEO attributes in part to its pricing approach.

Subscription software revenue from free-to-paid conversion of self-serve users, with Pro plans unlocking features such as custom domains; an API extends usage into automated generation workflows.

Traction

Over 70 million users have adopted the product since launch, and the company reported surpassing $100 million in ARR profitably, having reached $50 million ARR in its first two years, with a team of roughly 50 people.

Latest developments

In November 2025 Gamma announced a $68 million Series B led by Andreessen Horowitz at a $2.1 billion valuation, with participation from Accel and Uncork Capital; the round included a $20 million secondary offering providing liquidity to early employees. The company disclosed $100 million ARR and 70 million users at the same time, and said it was hiring.

Full profile — market position, technology, go-to-market, geography, history

Market position

Gamma competes in presentation and content-creation software long dominated by PowerPoint and Keynote, positioning itself as an AI-native product in which models and design systems are core to the experience rather than added features. Its investor a16z frames it as doing for presentations and storytelling what Figma did for design.

Outputs are web-native and interactive rather than files, spreading via link sharing; AI handles design decisions so users start with ideas instead of slide layouts. The company also points to unusually capital-efficient, profitable growth with a small team.

Technology

AI generation layered on design systems that apply layout, hierarchy, typography, color and spacing automatically. The product publishes hosted websites with subdomain or custom-domain support, DNS verification and SSL provisioning, and exposes an API for programmatic document, deck, report and site generation.

Go-to-market

Growth has been entirely product-led and organic, driven by link-sharing virality, onboarding optimization focused on the first 30 seconds of user experience, a Product Hunt launch, and influencer marketing using more than 1,000 micro-influencers rather than large-name creators.

Broad, self-serve audience of individuals and teams creating visual content, spanning startup founders, consultants, sales teams, teachers and students, as well as personal use cases such as offsite agendas, travel itineraries and trackers.

Geography

Headquartered in San Francisco, with a global self-serve user base.

History

The company was founded in late 2020 and first launched its product in 2022. It raised a $12 million Series A led by Accel in 2024, and in November 2025 announced a $68 million Series B led by Andreessen Horowitz at a $2.1 billion valuation, bringing total fundraising to roughly $90 million. By that point it reported $100 million in ARR and 70 million users with about 50 employees, having reached $50 million ARR profitably in its first two years.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
ARRNov 2025$100M
EmployeesNov 202550 people
Total funding raisedNov 2025$90M
UsersNov 202570,000,000 users
ValuationNov 2025$2.1B

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 3

launches, deals, and filings
Nov 2025
Gamma announces $68M Series B led by Andreessen Horowitz at $2.1B valuation

The round, which included a $20 million secondary offering giving liquidity to early employees, brought total fundraising to about $90 million. Accel and Uncork Capital also participated.

$68M source ↗

Jan 2025
J.P. Morgan publishes profile of Gamma's startup journey

A video feature with co-founder and CEO Grant Lee on using AI to transform business presentations, produced with J.P. Morgan's startup banking team.

source ↗

Jan 2022
Gamma launches its product

The company, founded in late 2020, first launched its product in 2022.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Gamma do?
Gamma is an AI-native tool that generates presentations, websites, documents and social posts from written prompts.
Who founded Gamma?
Gamma was founded by Grant Lee, Jon Noronha, James Fox.
Who are Gamma's investors?
Gamma's investors include Accel, Allison Pickens Ventures, Sapphire Ventures, Script Capital, South Park Commons, SuperCharger Ventures, Uncork Capital.