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Gamma ARR: $100M With 50 Employees and No Sales Team.

Gamma crossed $100M in annual recurring revenue in November 2025 — profitably, with roughly 50 employees and no sales team. Every reported ARR, valuation and user number is collected below, each traced back to a public source.

$100M

Reported ARR, Nov 2025

~$8.3M

Implied monthly recurring revenue

~50

Employees at $100M ARR

$2.1B

Valuation, Series B Nov 2025

The Gamma Revenue Curve.

Reported annualized run rate in USD millions, 2024 to late 2025. Linear scale — profitability was maintained the whole way up.

Sources: Gamma, TechCrunch, GTM Newsletter, GetLatka.

$0 → ~$20M ARR

~2 years

2022 → late 2024

~$20M → $100M ARR

~12 months

Late 2024 → Nov 2025

ARR per employee

~$2M

$100M / ~50 employees

Implied MRR at $100M ARR

~$8.3M / month

Derived from ARR

Every Reported ARR Milestone.

2022
$1M ARR
Founded in 2020 by Grant Lee, Jon Noronha and James Fox; the AI-native presentation product launches after nearly two years of iteration. — Company / GTM Newsletter
Late 2024
$20M ARR
Roughly $20M ARR on the back of a freemium loop: AI-generated decks, docs and websites with a viral free tier. — GetLatka / Sacra
Mid 2025
$50M ARR
Reported ARR roughly doubles as Gamma passes tens of millions of users, still with no sales team and profitability sustained for two-plus years. — GetLatka
November 10, 2025
$100M ARR
Crosses $100M ARR, profitably, with ~50 employees; raises $68M Series B led by Andreessen Horowitz at a $2.1B valuation. — TechCrunch
2026
$100M ARR
User base grows past 70M, with reports of ~100M; an API release opens generation to third-party products. — TechCrunch / company

Gamma by the Numbers.

Latest reported ARR

$100M

TechCrunch, Nov 2025

Implied MRR

~$8.3M / month

Derived from ARR

Valuation

$2.1B

Series B, Nov 2025

Total raised

~$87M

TechCrunch, Nov 2025

Employees

~50

TechCrunch, Nov 2025

ARR per employee

~$2M

Derived

Users

70M+

TechCrunch, Nov 2025

Profitability

Profitable 2+ years

Founder, Nov 2025

Sales team

None

GTM Newsletter

How a $10 Plan Monetizes 70M Users.

Gamma runs a classic freemium consumer-SaaS model. The free tier grants a limited number of AI generation credits, which acts as the top of the funnel for its 70M+ users; paid plans start around $10/month (Plus) and step up to roughly $20/month per user (Pro), with credits metered on top for heavy generation. Students, creators and small teams make up most of the base — revenue is dominated by self-serve card payments, not contracts.

Because acquisition is product-led and organic, Gamma reached $100M ARR with ~50 employees, no sales team and two-plus years of profitability — roughly $2M of ARR per employee. The November 2025 API release adds a second motion: third-party products paying to embed Gamma's document-generation engine.

Revenue Mix

Freemium subscriptionsPlus ~$10/month and Pro ~$20/month, self-serve checkout only.
AI generation creditsMetered credit packs billed on top of plan allowances.
API accessNew in late 2025: generation embedded in third-party products.

FAQ

Gamma Revenue, Answered.

What Is Gamma's ARR in 2026?

Gamma crossed $100 million in annual recurring revenue in November 2025, announced by founder Grant Lee alongside a $68M Series B. The company was profitable at the time, with roughly 50 employees.

How Fast Did Gamma Reach $100M ARR?

About five years from founding (2020) and roughly three years from launch. ARR went from ~$20M in late 2024 to $100M by November 2025 — most of the growth compressed into the final twelve months.

How Does Gamma Make Money?

Freemium subscriptions and AI credits. A free tier with limited credits feeds paid plans from about $10/month to roughly $20/month per user, with metered credit packs on top. A late-2025 API release opened a second, usage-based revenue line.

What Is Gamma's Valuation and How Much Has It Raised?

A $68 million Series B led by Andreessen Horowitz in November 2025 valued Gamma at $2.1 billion. Total funding is around $87 million across three rounds.

How Efficient Is Gamma as a Business?

Extremely. ~$100M of ARR on ~50 employees is roughly $2M of ARR per employee, achieved with no sales team and two-plus years of profitability — among the best ratios in software.

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