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Based in San Francisco, California, Gamma develops an artificial intelligence platform that automatically generates presentations, websites, and social media posts directly from user ideas and text prompts. The subscription-based productivity software serves as a direct alternative to traditional design tools like Microsoft PowerPoint, reaching an operational scale of 70 million total users and processing over one million daily content creations. Operating with a consolidated workforce of approximately 50 employees, the profitable technology company currently generates $100 million in annual recurring revenue and maintains a $2.1 billion valuation. The enterprise is backed by lead venture capital investor Accel, which previously provided a $12 million Series A funding round to support the generation of 250 million total digital assets. Gamma was founded in 2020 by former Optimizely executives Grant Lee, James Fox, and Jon Noronha.
Gamma 3 has 2 tracked investments across 2 companies. The latest tracked deal is $110.0M Series A in Thrive Earlier Detection in May 2019.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| May 1, 2019 | Thrive Earlier Detection | $110.0M Series A | Third Rock Ventures | Mubadala, Section 32, Trucks Venture Capital, Vzvc, Biomatics Capital, Bluecross Blueshield Venture Partners, Camden Partners, Casdin Capital, Co WIN Ventures, Exact Sciences, Invus |
| Jun 8, 2015 | Gemstone Biotherapeutics | $1.6M Seed Extension | Gamma 3 | — |