- prezent.ai has raised a $20 million Series A funding round. These are the details.
prezent.ai – an AI-powered presentation productivity platform – has raised a $20 million Series A funding round led by Greycroft. Other investors in this round include WestWave Capital and Emergent Ventures, both of which invested in the company’s previous $4.3 million seed funding round in June 2021.
prezent.ai is a platform that is known as a one-stop-shop solution for business communications. And prezent.ai provides data-based intelligence to mold hyper-personalized templates, storylines, and branded presentations at a rapid pace – which cuts down on presentation creation time up to 70% on average.
This new funding round will assist prezent.ai in creating new features that will continue to save time and improve productivity. And the Series A funding round will also help prezent.ai build out its go-to-market team.
The access to advanced professional business communication services has traditionally been only available to a select few. And these services are expensive and often inaccessible to the majority of business professionals. prezent.ai democratizes access to advanced visual storytelling, and business communication tools, ensuring maximum impact with every presentation.
KEY QUOTES:
“We believe everyone deserves a fair chance to bring their ideas to life. Our mission is to democratize business communication. We’ve built a platform that automates and simplifies the many communication-related challenges in an enterprise. I am grateful to the thousands of members in Fortune 2000 companies who trust prezent.ai. Their stories of saving 50%-70% time, getting recognized at work, and improving company productivity inspire us everyday.”
– prezent.ai CEO Rajat Mishra
“Breaking through the crowded enterprise software space is a tall order. prezent.ai meets and exceeds that challenge with its AI-driven, visual storytelling capabilities. Our Enterprise team and Greycroft as a whole are looking forward to supporting Rajat and his early-stage stand-out throughout the company’s growth.”
– Mark Terbeek, Partner and Enterprise Software Head at Greycroft
“I believe that effective business communication is critical as an organization grows and evolves. However, it is an area that is often overlooked or forgotten. prezent.ai has helped people across our organization significantly up their presentation game – their storytelling, their professionalism, their confidence, and their influence. Beyond that, prezent.ai ensures each presentation that we deliver achieves maximum impact with the audience. We absolutely love prezent.ai!”
– Nate Bitting, Vice President, Strategy and Transformation Office at Alteryx, and a customer of the company
