Gamma Crosses $100M ARR: The AI-First Presentation Era is No Longer Theoretical
When Gamma launched three years ago, skeptics dismissed it as another "AI wrapper" — a thin veneer of machine learning over PowerPoint's tired paradigm. Yesterday, those skeptics got their receipt: $100 million in annual recurring revenue, 70 million users, and a product roadmap that treats slides as a legacy format to be transcended.
The number matters less than what it signals. Enterprise buyers — the ones who actually sign six-figure contracts — have stopped treating AI presentation tools as experiments. They're budgeting for them. IT departments are integrating them. Procurement teams are negotiating multi-year deals. This is the inflection point where a category graduates from "interesting" to "inevitable."
What makes Gamma's approach different isn't just the AI — it's the rejection of the slide metaphor entirely. Their "web-native" format allows presentations to scroll, embed, and link like living documents while still exporting to .pptx when the C-suite demands it. The takeaway for builders: the constraint isn't "can AI make slides?" — it's "should the output even be slides?"