Prezent, an AI-driven platform that automates business presentation creation, has secured $20 million in funding to enhance its AI models, expand into new markets, and launch API integrations.
The investment, an extension of its Series A round from April 2022, was led by Greycroft, with participation from Zoom Ventures, Emergent Ventures, WestWave, and new backers True Global Ventures, Manulife Ventures, and Alumni Ventures.
AI-Powered Presentation Creation for Enterprises
Prezent allows users to automate slide deck creation by uploading business documents like Excel files, PDFs, and links. The platform’s AI assistant, Astrid,:
- Understands industry-specific terminology for tailored presentations.
- Recommends layouts and designs based on company branding and data.
- Uses a database of 2 million slides to generate professional-quality decks.
CEO Rajat Mishra, a former Cisco and McKinsey executive, explained the company’s vision:
“We want to democratize business communication by making it faster and easier for everyone to create compelling presentations.”
Market Growth & Expansion Plans
- 150+ Fortune 2000 companies currently use Prezent, including biopharma and tech firms.
- Over $10M in annual recurring revenue (ARR) in 2024.
- Plans to expand to financial services and manufacturing.
- New markets: Europe, Japan, and Singapore by Q2 2025.
APIs & Integration with Productivity Tools
Prezent is set to launch API integrations, allowing businesses to:
- Generate slides directly from chatbots, search engines, and enterprise apps.
- Embed AI-powered presentation tools into their workflows.
With $20M in new funding, Prezent aims to redefine business communication, making AI-powered slide deck creation more efficient, scalable, and accessible for enterprises worldwide.