Prezent Expands with $30M

Prezent, an AI-driven presentation platform for enterprises, has secured $30 million in funding to strategically acquire AI services firms. This move comes shortly after a previous $20 million funding round. The company intends to leverage these acquisitions to enhance its AI capabilities and broaden its service offerings.

Prezent's platform utilises generative AI to assist users in creating, managing, and delivering business presentations. Features include story-building tools, automated content generation, and slide libraries. The platform also offers an AI assistant, Astrid, which can generate tailored slides from uploaded documents. Prezent aims to address communication inefficiencies in enterprises, where poor communication can lead to significant financial losses.

With this new capital, Prezent is poised to expand its market presence and further develop its AI models. The company's focus remains on providing solutions for enterprise communication challenges, particularly in sectors like financial services and manufacturing.