Prezent Raises $20 Million in Funding
Prezent, a Los Altos, CA-based AI-powered platform specializing in generating business presentations, has raised $20 million in funding, bringing its total funding to $54 million.
The round was led by Greycroft, with participation from Zoom Ventures, Emergent Ventures, WestWave, and new investors True Global Ventures (TGV), Manulife Ventures, and Alumni Ventures. This latest round increases Prezent's valuation to over $100 million.
Greycroft is a venture capital firm that invests in seed-to-growth stage companies. It partners with entrepreneurs aiming to build category-defining companies, with a focus on sectors such as software, sustainability, and consumer brands. The firm has offices in Los Angeles and New York City.
The company plans to use the fresh funds to further develop its AI models, expand its operations into Europe, Japan, and Singapore, and target clients in the financial services and manufacturing sectors.
Founded in 2021 by Rajat Mishra, Prezent provides an AI-powered business communication and presentation productivity platform. It leverages generative AI to help users create, manage, and deliver compelling presentations using features like story-building tools, auto-generators, and slide libraries. Prezent allows users to upload documents like Excel files and PDFs, providing its AI assistant, Astrid, with the necessary context to create tailored, professional-grade slides. Key features include automated content generation, pre-built templates, and integrations. The company has served over 150 Fortune 2000 clients, particularly in the biopharma and tech sectors.
Funding Details
Company: Prezent, Inc.
Raised: $20.0M
Round: Series A Extension
Funding Date: March 2025
Lead Investor: Greycroft
Additional Investors: Zoom Ventures, Emergent Ventures, WestWave, True Global Ventures (TGV), Manulife Ventures, Alumni Ventures
Company Website: https://www.prezent.ai/
Software Category: Business Communication / Presentation Creation