Presentations.aAn Indian startup that uses AI to help companies quickly generate presentation decks, has collected $ 3 million in a seed lap led by Accel to evolve its software which is emerged from the beta version after having amassed millions users.
The presentations are omnipresent throughout a commercial course – whether it is a large company or a startup – to acquire new customers, update investors and communicate internal milestones. However, companies still have trouble, spending hours of convincing presentations, which is even more critical when targeting customers or investors.
“People find it difficult to take the first project of a presentation,” said Sumanth Raghavendra, co-founder and CEO of Presenations.ai, in an exclusive interview.
The startup based in Bengaluru has made it easier with its platform powered by AI, used by more than 5 million people worldwide since its launch in public beta in 2023, according to the company. “We want to be the Chatppt for the presentation. Remember to make a presentation using AI, using the same construction in which Chatgpt works, “Raghavendra told Techcrunch.
Founded in 2019, AI presentations saw the emergence of Chatgpt at the end of 2022 as the time to get out of stealth and start to integrate new users. The startup has raised a million users within three months of its public beta version and is currently gaining “millions of dollars” of profit, said Raghavendra.
Before the presentations, Raghvendra founded Deck App Technologies, which has developed an application to help people create commercial content using smartphones. However, he noted that the previous company had a “limited degree of success” because mobile devices have not become an instrument to create content other than videos.
Over the years, Raghvendra said that his team had created IP around the construction of presentations that have helped the presentations. Use of generative AI.
“Because we have been doing this for so many years, I have been quite confident that we are far ahead of anyone, and proof of pudding for us is that many users who come pay us to use our software. They generally tried other competitors, including what Google or Microsoft, “said Raghvendra.
After obtaining an initial traction, the startup went from an entirely free experience for beta-testers in a freemium offer at the beginning of 2024. Since then, Raghvendra told Techcrunch that he had “tens of thousands” paid users who pay for its service, from an annual annual price of $ 200 per user in the United States, with different levels and prices located on the markets.
The startup uses LLM “frontier” as well as its own models of small languages created for specific tasks, such as deciding which graph best corresponds to a particular subject. It also uses the flow of image text models and stable diffusion to help users quickly generate images to use in presentations with prompts.
Presentations.AI provides tools including theme pallets and presentation styles to generate decks according to user preferences. It also offers features, including an AI design assistant, to create presentations based on different ideas, sharing and synchronization in real time and multilingual support.
Likewise, the startup provides brand models to match the style of the particular brands of users. It also allows people to export their presentations to a PowerPoint file for an additional edition or as a PDF.
Presentations.Ai specifically includes “railings” to provide customers with companies that he has a high bar against competition. These railings, Raghvendra said, are built using the data pipelines that the startup has built over time to restrict the hallucination, the familiar term of the inaccurate or misleading content generated by AI. The platform also allows companies to restrict access to sensitive data that they do not wish to be shared with other users, such as financial information with the CFO to which front line staff must not access.
The startup also allows you to host a private software body. In addition, it provides licenses to the organization’s scale to allow employees to collaborate on a particular presentation.
Raghvendra told Techcrunch that the startup plans to use seed financing to launch a dedicated presentation agent to create presentations in any application. He also plans to have a business sales team.
So far, Raghvendra has said that the startup had spent “zero” on her marketing. In addition, as he owns IPS, the executive said that its IA patent costs are relatively lower and have higher profitability margins than other startups allowing presentations using AI.
The startup obtains 20% of its revenues from the United States, followed by India. He also has the United Kingdom, Germany, Australia, Canada and the Middle East among its main markets.
The seed series included the participation of scholars Indian entrepreneurs, including the Vijay Shekhar Sharma of Paytm, Kunal Shah of Cred, the founder of Freshworks Girish Mathrubhoot and Phanindra Sama de Redbus, among others.
