#United States #Los Altos #True Global Ventures #Prezent AI #Prezentium

True Global Ventures Boosts Prezent AI's Future with Strategic Investment

In a move set to reshape enterprise business communication, True Global Ventures (TGV) has announced its participation in Prezent AI's latest funding round, which successfully raised $30 million. This investment not only supports Prezent AI's expansion but also correlates with its acquisition of Prezentium, a renowned leader in business presentation services tailored towards the life sciences sector.

The investment round, spearheaded by Multiplier Capital and Nomura Strategic Ventures, witnessed significant participation from True Global Ventures, Greycroft, and other existing investors. As a result, Prezent AI is now valued at an impressive $400 million.

Pioneering New Frontiers in Enterprise Communication

Prezent AI, founded by Rajat Mishra, is breaking new ground at the junction of artificial intelligence and enterprise productivity. By marrying AI-driven automation with human creativity, Prezent AI is positioning itself as a one-stop platform for Fortune 2000 companies aimed at enhancing their business communications. The acquisition of Prezentium, established by Deepti Juturu, bolsters this vision by merging AI technology with expert human services to create a comprehensive "AI + services" solution.

This strategic approach prepares Prezent AI to disrupt a staggering $20 billion global agency and consultancy market. The platform will empower organizations to:

• - Transform complex data into actionable, business-ready presentations in mere minutes.
• - Generate brand-aligned sales and business review decks at scale.
• - Integrate seamlessly with existing enterprise workflows through APIs and presentation agents.
• - Construct a "Company Presentation Brain" that enhances communication knowledge over time.

Perspective from Investors

Frank Desvignes, Founding Partner at True Global Ventures, provided insights on this collaboration: "The combined entity allows corporate clients greater flexibility in their business communications. They can now benefit from a master presentation delivered overnight, leading to measurable productivity gains in adapting and deploying presentations across various business lines and teams. The unique combination of AI advances and human expertise equips enterprises to communicate faster and more effectively at scale."

Looking to the Future

Rajat Mishra, the CEO and Founder of Prezent AI, conveyed a bold vision for the future of business communication: "Prezent AI is committed to delivering exceptional business communication outcomes, utilizing AI acceleration complemented by human expertise. With Prezentium joining our team, we are progressing towards crafting a complete AI-enabled communication lifecycle designed for enterprises."

About Prezent AI

Prezent AI serves as a highly sophisticated platform engineered to assist enterprise teams in crafting, optimizing, and delivering impactful presentations. Based in Los Altos, California, the company caters to a diverse array of global clients spanning various sectors, including life sciences, technology, and manufacturing. By blending AI, software, and expert human services, Prezent AI embodies a fully integrated system tailored for modern businesses.

About True Global Ventures

True Global Ventures is a venture capital firm with a global reach, investing in serial entrepreneurs focused on leading AI and blockchain innovations. With established presences in key cities such as San Francisco, New York, Paris, London, and Singapore, TGV supports visionary founders who are shaping the next generation of transformative tech ventures. For more information, visit True Global Ventures.