Prezent Raises $20M for AI-Powered Slide Decks
Deal News | Mar 19, 2025 | WestWave Capital LLC
Prezent, a startup founded by Rajat Mishra in 2021, is innovating the business presentation space with AI technologies aimed at improving slide deck creation. Having recently secured $20 million in funding, Prezent aims to expand its platform which allows users to enhance their presentations with industry-specific jargon and preferences, enabling more effective business communication. With a clientele that includes 150 Fortune 2000 companies, the startup plans to use this all-equity investment to target new sectors, including financial services and manufacturing, and to boost its presence in Europe, Japan, and Singapore. Prezent's unique platform employs a mixture of AI technology - fine-tuning publicly available models with proprietary datasets - and human expertise, providing a polished final product. The funding round, led by Greycroft with contributions from a range of other venture firms, values the company at over $100 million. The funds will also support Prezent's development of APIs for broader application of its AI models.
Sectors
- Artificial Intelligence
- Presentation Software
- Venture Capital
Geography
- United States – Prezent is based in Los Altos, California, and has operations primarily focused in the US market.
- India – Prezent has a significant number of employees based in India and a subsidiary in Bengaluru, highlighting its operational breadth.
- Europe, Japan, Singapore – Prezent plans to expand its operations to these regions, indicating its geographical growth strategy.
Industry
- Artificial Intelligence – AI is at the core of Prezents' capabilities, using AI models to automate and enhance the creation of professional slide decks.
- Presentation Software – Prezent develops software solutions to aid in the creation of business presentations, using data-driven AI enhancements.
- Venture Capital – This is relevant as Prezent has recently raised venture capital funding to further develop their technology.
Financials
- $20,000,000 – The amount Prezent raised in its latest funding round to expand its AI technology and market presence.
- $100,000,000+ – The valuation of Prezent post-investment, according to CEO Rajat Mishra.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Prezent | Target | Company | A startup focused on using AI to create customized slide decks for business presentations. |
| WestWave Capital LLC | Investor | Company | A private equity firm investing in Prezent's latest funding round. |
| Greycroft | Lead Investor | Company | The lead investor in Prezent's $20 million funding round. |
| Rajat Mishra | Founder and CEO | Person | The founder of Prezent who aims to improve business communication through AI innovations. |
| Zoom Ventures | Investor | Company | Participated in Prezent's funding round as an investor. |
| Emergent Ventures | Investor | Company | Participated in Prezent's funding round. |
| True Global Ventures (TGV) | Investor | Company | A new investor in Prezent's latest funding tranche. |
| Manulife Ventures | Investor | Company | A new investor joining Prezent's funding round. |
| Alumni Ventures | Investor | Company | A new participant in Prezent's latest investment round. |