Exclusive: Accel backs Indian AI startup building 'ChatGPT for presentations'
Feb 04, 2025 - techcrunch.com
Presentations.ai, an Indian startup founded in 2019, has raised $3 million in a seed round led by Accel to scale its AI-powered platform that helps companies quickly generate presentation decks. The startup emerged from beta in 2023 and has amassed over 5 million users worldwide. It offers a freemium model with tens of thousands of paying users, starting at $200 annually per user in the U.S. Presentations.ai utilizes advanced language models and text-to-image models to assist users in creating presentations, providing features like theme palettes, AI-powered design assistants, and multilingual support. The platform includes enterprise-focused guardrails to prevent data misuse and allows for private software instances and organization-wide licenses.
The startup plans to use the seed funding to develop a dedicated presentation agent for use within any application and to establish an enterprise sales team. Presentations.ai claims to have higher profitability margins due to owning its intellectual properties, which reduces AI patent costs. The company generates 20% of its revenue from the U.S., with India, the U.K., Germany, Australia, Canada, and the Middle East as key markets. The seed round also saw participation from notable Indian entrepreneurs such as Paytm’s Vijay Shekhar Sharma and CRED’s Kunal Shah.
Key takeaways:
Presentations.ai, an Indian startup, raised $3 million in a seed round led by Accel to scale its AI-powered presentation software.
The platform has over 5 million users worldwide and transitioned to a freemium model in early 2024, with tens of thousands of paying users.
Presentations.ai uses frontier LLMs and its own language models, along with text-to-image models, to generate presentations and images.
The startup plans to use the seed funding to launch a dedicated presentation agent and establish an enterprise sales team.
