PrejudicedA start -up that offers a presentation builder with AI to businesses said today that it has raised $ 30 million in funding led by multiplier Capital, Greycroft and Nomura Strategic Ventures, with the participation of existing investors such as emerging businesses, Westwave Capital and graduates.
Los Altos, California, which is now valued at $ 400 million, has raised more than $ 74 million to date. Plans to use the new chapter largely for acquisitions.
The company has also made its first acquisition by buying prezentium, founded by Deepti Juturu, a presentation company led by Life Sciences Vertical services. In an unusual arrangement, the founder Prezent Rajat Mishra was one of the co -founders of the prezentium. Mishra said that since the beginning of his new start, he was the non -operational president of Prezentium. Both newly established businesses already have an existing relationship, as Prezent uses Prezentium as a market partner. The acquisition essentially brings Mishra’s two businesses under a roof, allowing Prezent to use the prezentium customer base to offer its own AI suite to more customers.
There are many companies trying to create a presentation tools with AI, including presentations. Timing. Specifically, all these companies have accelerated as a supporter. While most of them focus on consumers and small business users, Prezent wants to insist on a business strategy, targeting larger companies. Previously, the company said it wants to expand its offers to different verticals, including funding and construction. However, Mishra noted that at present, the company wants to focus on customer service in the biological sciences and technological industries.
“There are many tools that try to make presentations beautiful, we want to provide the best tools for business communications, I think presentation is one of the borders of businesses that are not yet automated, we want to help scientists and designers to communicate effectively with this automation,” he said.
Mishra, who has previously worked at McKinsey, said the company is adopting a specialized approach to training AI models for presentations for each industry.
Prezent places a presentation engineer who is familiar with industry and starting offers, businesses to help different people in the company get used to building ai tools.
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“The reality of AI in business is that while AI can do a lot of things, can’t teach people [how] To use AI. That is why we want to install presentation engineers to companies to help our customers adopt the product faster, “Mishra said.
The newly established AI companies are trying to acquire service companies to benefit from the existing customer bases and also to provide better adaptation to business customers. Avatar D-ID digital boot acquired SimpleShow video based on Berlin and Google supported Lawhive acquired a United Kingdom -based law firm. With these acquisitions, the newly established AI companies want to combine AI tools with the existing field know -how and customer service capabilities of the service companies.
Prezent wants to build more partnerships and acquire appropriate companies in areas such as training, medical writing and executive consulting, counseling companies in the communication area.
Mark Terbeek, a partner of Greycroft, who has invested in multiple rounds in Prezent, said the business business business wants to find areas where businesses have used expensive services in the past to fulfill a need and now there are AI tools available to do the same.
“We thought that Rajat and Prezent were cruelly focused on resolving specific needs of business communications.
Going forward, Prezent wants to add better personalization to its product so that the AI tool can learn each person’s style in the body. It also wants to add multiple possibilities to deck creations, allowing users to use text, voice or videos as an input to make presentations. Like Synthesia and D-ID, Prezent wants to add digital idols to presentations.
