Prezent AI, a leading platform specializing in enterprise business presentations for the Life Sciences and Technology industries, has announced it has secured an additional $30 million in funding. This announcement comes hand in hand with the acquisition of Prezentium, the largest provider of business presentation services in the Life Sciences sector.
The deal, which combines cash and equity, positions Prezent AI for significant growth in a rapidly evolving market. The recent funding round was led by Multiplier Capital, Greycroft, and Nomura Strategic Ventures, with participation from established investors including True Global Ventures, Emergent Ventures, West Wave Capital, BluePointe Ventures, and Alumni Ventures, among others.
As part of its growth strategy, Prezent AI has laid out an ambitious plan to create an AI-powered all-in-one business communication platform that integrates human expertise with advanced technology. This new approach seeks to challenge traditional agency and consulting models, which are often criticized for being slow and expensive. Unlike generic AI tools, Prezent AI has been meticulously crafted by professionals who understand the specific language and regulations of the industries they serve. This positions Prezent AI to provide real return on investment for enterprise companies, including numerous Fortune 2000 firms in the Life Sciences and Technology fields.
With the integration of Prezentium into its operations, Prezent AI is making a significant leap towards building a comprehensive solution that combines AI with human augmented capabilities. This acquisition underscores Prezent AI’s commitment to disrupting conventional business methods that often lack efficiency. By merging cutting-edge AI technology with domain-specific software and human insights, Prezent AI allows organizations to work much more effectively.
For instance, businesses can now analyze and interpret complex clinical data, creating tailored presentations for Commercial and Research & Development teams in a matter of minutes rather than weeks. This speed and efficiency greatly enhance decision-making and presentation quality. Furthermore, Prezent AI enables companies to develop compelling sales narratives and quarterly business review (QBR) decks swiftly, cutting the time required from days to mere minutes.
Collaboration is also more efficient with Prezent AI, as companies can work closely with a Forward-deployed Presentation Engineer. This professional applies human creativity where it’s needed most, while AI output streamlines and accelerates other processes. Additionally, the platform provides functionality that allows users to autonomously create and reformulate presentations in alignment with branding guidelines through an intuitive API and presentation agents.
Lastly, Prezent AI is focused on fostering continuous improvement in communication through the development of a Company Presentation Brain. This innovative concept enables knowledge accumulation over time, ensuring that communication practices evolve and improve within the organization.
Following its recent funding and acquisition, Prezent AI has achieved a $400 million valuation and is poised to become the first unicorn in enterprise business communication. This bold move illustrates Prezent AI’s commitment to leading the charge in transforming how businesses communicate and operate in complex industries.
KEY QUOTES:
“Our customers care about outcomes, not products. Not just slides, but great business communication. While services businesses have traditionally provided these outcomes, AI makes a new reality possible. Our north star is to provide experts when you need them and AI acceleration everywhere. That way we deliver the outcome of great business communication – faster, better, cheaper.”
“The average enterprise has 15 different agencies and tools for business communication which is inefficient and ineffective. This acquisition is the start of a new chapter in building a complete AI + human-augmented lifecycle solution, supporting presentations from initial idea and narrative development, through slide creation and practice, to execution and delivery. More to come!”
Rajat Mishra, founder and CEO of Prezent AI
“We have been GTM partners for a while and share the same customer obsession. With the AI expertise of Prezent AI, we can supercharge our flagship Christmas-in-an-inbox Overnight Presentations service and introduce new AI-enabled services.”
Deepti Juturu, founder and CEO of Prezentium
“Prezent stands out as a category-defining company operating at the intersection of AI, communication, and enterprise productivity. We invest in high-growth businesses delivering mission-critical solutions, and Prezent’s platform—combined with its bold acquisition strategy—has the potential to reshape how enterprises communicate at scale.”
Ash Vaidya, Managing Director at Multiplier Capital
