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fromTechCrunch
6 days ago

AI PowerPoint-killer Gamma hits $2.1B valuation, $100M ARR, founder says | TechCrunch

Gamma, a startup that creates AI-generated presentations, websites, and social media posts, announced on Monday a $68 million Series B round at a $2.1 billion valuation led by Andreessen Horowitz. Co-founder and CEO Grant Lee posted on X that the company has profitably hit $100 million in ARR, with 70 million users. The startup hit $50 million profitably in its first two years, Lee previously posted. Gamma last raised a $12 million Series A round led by Accel in 2024.
Venture
Venture
fromFortune
2 months ago

$1 billion berry startup Fruitist hires tech finance chief as its new CFO | Fortune

Fruitist hired Rich Sullivan as CFO to strengthen financial leadership as the company exceeds $400M in sales and surpasses a $1B valuation.
Startup companies
fromFortune
2 months ago

Deel CEO Alex Bouaziz was told he'd need to replace his entire leadership team for the business to reach unicorn status | Fortune

Founders can retain early leadership teams through hypergrowth, as continuity and loyalty can enable scaling from startup to unicorn without wholesale leadership replacement.
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