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The AI-native 'anti-PowerPoint' tearing up the presentation market
HQ: San Francisco, CA, United States | Founded: 2020 | Employees: ~100-150 (2026, est.) | Stage: Late Stage VC ($2.1B valuation, Nov 2025) | Website: https://gamma.app
Gamma was founded in late 2020 by Grant Lee, James Fox, and Jon Noronha — three former colleagues at the A/B testing company Optimizely whose careers had been built in slide decks, and who believed the slide format itself was the problem. They built a card-based, web-native canvas where content is responsive and designed automatically, rather than fixed 16:9 slides. The product launched in private beta in August 2021 and by late 2022 had ~60,000 users and only about a year of runway.\n\nThe turning point came in March 2023, when Gamma integrated GPT-3.5 for AI presentation generation. Daily signups jumped from hundreds to ~10,000/day — a rare, unmistakable product-market fit signal — and the company pivoted fully to an AI-first product. From there growth was exponential: ~$7M ARR (mid-2023
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