Gamma in 2026: Revenue, Valuation, Funding, CEO

Gamma at a glance

Gamma turns a prompt, notes or a document into a finished presentation, document, website or social post, which people can then edit like a doc. It grew without a sales team, largely by word of mouth, and more than 80% of its paying users are outside the US, Grant Lee said in August 2026 (The Next Web).

Gamma in 2026: Gamma 5, an acquisition and 100 million users

Gamma spent 2026 widening beyond slides. Gamma Imagine, in March, makes charts, infographics and marketing graphics (TechCrunch); apps for ChatGPT, Claude and Slack and native iOS and Android apps followed. In August it bought Lica, an Accel-backed design startup, to start a design research lab (TechCrunch). On October 6 it shipped Gamma 5, “the biggest product overhaul in our company’s history,” and said more than 100 million people had used Gamma (Gamma). It is also opening offices in New York and London.

Who owns Gamma?

Gamma is private. Its founders and staff hold shares alongside its investors: Accel led the seed and the Series A, and Andreessen Horowitz the Series B, with Uncork Capital, South Park Commons and Script Capital. Accel’s Vas Natarajan sits on its board. Early employees sold $20 million of shares in the Series B.

What is Gamma’s revenue?

Gamma passed $100 million in annual recurring revenue in November 2025. “Reaching $100M ARR, profitably, with a team of just 50 people. That’s $2M ARR per employee,” Grant Lee wrote (X). It was profitable for two years by then, the company said (Gamma). In September 2026 Lee told the French outlet JDN that Gamma was now “well beyond” $100 million in ARR, without giving a number (JDN).

Most revenue comes from individual subscriptions: Gamma had about 600,000 paying subscribers in mid-2026, about $167 a year each (SaaStr). It added a sales team only once business demand grew.

Gamma ARR (annual recurring revenue)

Gamma MRR (monthly recurring revenue)

Gamma doesn’t publish MRR. Its $100 million ARR of November 2025 works out to about $8.3 million a month (our calculation), and more now, since the CEO says ARR has grown well past that.

How much has Gamma raised? Funding and valuation

About $90 million. Gamma reached $100 million in ARR having raised only $23 million, and then took $68 million at a $2.1 billion valuation, led by Andreessen Horowitz; $20 million of it bought shares from early employees (TechCrunch). “We’re a profitable business, so we don’t need to raise again,” Lee said in August 2026.

In February 2026 Gamma and Afore Capital launched a $10 million fund for idea-stage founders, with Afore putting up the money (Upstarts).

What does Gamma do? Products

Gamma started in 2020 as a better slide-deck tool: “cards” that read like a document and present like slides. By late 2022 it had about 60,000 users and a little over a year of runway, and its dozen-person team bet on AI. The relaunch on March 28, 2023, “your AI design partner,” took off (X): within a year it passed 100,000 signups a day, co-founder Jon Noronha said (First Round).

Gamma pricing

Gamma has a free plan and four paid ones: Plus, Pro and Ultra for individuals, and Business, billed per member, with Enterprise on request. Ultra adds “20× more AI usage” and the most advanced models. Prices vary by region and billing period; gamma.app/pricing has the current ones.

Pricing changes and complaints

Until October 2025 one flat subscription bought unlimited AI generation. Gamma then moved advanced AI to credits and added Ultra (Gamma). In August and September 2026 it changed its plans again, marketing “unlimited AI creations” while cutting the Plus plan’s slides per prompt back from 100 to 75 (PricingSaaS).

Phishing that uses Gamma

Because anyone can publish a Gamma page in seconds, scammers use them. In April 2025 Abnormal Security described emails that led through a Gamma presentation to a fake Microsoft SharePoint login (Abnormal). Gamma was misused, not breached; the Gamma email format page explains how to tell a real Gamma email from a fake.

Gamma vs PowerPoint, Canva and Google Slides

Gamma’s real rivals are the defaults: PowerPoint, now with Microsoft 365 Copilot, and Google Slides. Canva, which also makes presentations, passed $4 billion in ARR in early 2026 (SaaStr). Among AI-first slide tools, Tome raised $81 million and then pivoted away from presentations, and OpenAI bought the presentation startup NextSlide in August 2026.

Who is the CEO of Gamma?

Grant Lee, who co-founded Gamma in November 2020 with Jon Noronha and James Fox. All three worked at Optimizely, where Lee rose to interim CFO; he pitched the idea from London. Gamma publishes no executive team beyond its founders.

Grant Lee’s bio and contact routes: Gamma CEO Grant Lee: email, LinkedIn and bio.

Where is Gamma based?

San Francisco, where its team works in person four to five days a week. It publishes only a mailbox address, 2261 Market Street #4544, San Francisco, CA 94114, and in 2026 it began opening offices in New York and London. Gamma had 16 employees at its Series A in May 2024, 30 in April 2025 and about 50 at $100 million ARR in November 2025; it hasn’t given a newer figure.

What is Gamma’s email format?

Gamma staff mostly use {first}@gamma.app, such as maya@gamma.app for a fictional Maya Chen; several newer staff use {first}.{last}@gamma.app. Links to gamma.app/docs pages and gamma.site sites are things Gamma’s users made, not mail from Gamma.

All patterns, domains and official inboxes: Gamma email format.

Key events

More on Gamma and similar companies

• Gamma email format: the staff pattern, and why a gamma.site page isn’t Gamma

• Gamma CEO Grant Lee: from Optimizely’s interim CFO to a $2.1B company

• Fastest-growing SaaS companies: Gamma and others by ARR growth

• SaaS unicorns: every SaaS company worth $1B or more

• No-code companies: builders like Gamma

• Canva dossier: the design giant Gamma competes with

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