Prezent raises $30 million to acquire AI services firms — starting with founder’s other company

PresentA startup that provides an AI-driven presentation creator to enterprises today says that it has raised $ 30 million in the leadership of Multiplication Capital, Griekoft and Numura strategic venture, resulting in the participation of investors such as emerging Ventures, West Wave Capital and Almonai Ventures.

Los Altos, California, Startup, which is worth $ 400 million now, it has been raised $ 74 million Till todayThe It is basically planned to use the new capital to acquire.

The company also first acquired, purchased Pragantium, a service-led presentation company that operates the life science vertically. In an unusual arrangement, the founder of the present, Rahul Mishra, was one of the co-founders of the president. Mishra said that he was the operating president of the presidency since his new start began. Both startups already have an existing relationship, because the present uses the president as a cow-to-market partner. The acquisition basically brings down the two initiatives in Egypt under one roof, allowing the president to use the client base of the president to provide more customers’ own AI suit.

Lots of companies here are trying to create AI-powered presentation-building tools, including, including Presentation.A., Face, GammaAnd ChronicThe Significantly, all of these companies have Accele as a supporter. Although most of them focus on customers and smaller business users, the president wants to stick to the larger corporations in an enterprise strategy. Previously, the company has said that they want to expand its offers to various verticals, including money and production. Mishra, however, mentions that the company wants to focus on serving clients in the life science and technology industry.

“There are plenty of equipment that is trying to make presentations beautiful. We want to provide the best tools for business communication. I think the presentation is one of the borders in the business that is not yet automatic. We want to help data scientists and designers effectively contact this automation,” Mishra told Techchen.

Mishra, who had earlier worked in McKins, said the company was adopting a special method to train AI models for presenting for each particular industry.

Prizement puts a presentation engineer, who is familiar with the art and startup’s own offers, in initiatives to help them get used to creating presentations to different people with AI equipment.

“AI is the reality of AI in Enterprises, though AI can do a lot of things, it can’t teach people [how] To use AI. That’s why we would like to establish presentations engineers at companies to help our customers to get the product quickly, “said Mishra.

AI startups are seeking to obtain service companies to take advantage of existing customer bases and provide better customization to enterprise clients. The startup of the digital avatar D-Id earned Berlin-based video startup SimpoAnd Google-supported legal technology startup Has acquired a UK -based law firm on legalThe With this acquisition, AI startups want to combine their AI equipment with existing domain skills and client service capacity of service companies.

The president wants to achieve appropriate companies in sectors such as executive communication coaching, medical writing and consulting companies to create more partnerships.

Grekoft’s partner, Mark Terbeck, who has invested in multiple rounds in the president, said that the zealous agency prefer to look for zones where businessmen have used expensive agencies to meet a requirement in the past, and now there are AI tools to do the same tasks.

“We felt strictly focusing on solving the need for specific customers of the Rajat and Prizement Business Communication. Plus, we saw the software developed rapidly to adjust the last users’ work flow and to help them save time,” he told TechCranch in a call.

To move forward, the present wants to add better personalization to its product so that the AI ​​equipment teaches the style of each person in the company. It wants to add multimodity capabilities to deck creations, allow users to use text, voice or video as input to present. Like Sytesia and D-Id, Prigant also wants to add digital avatar to the presentation.