Prezent, a startup focused on generative AI for slide decks, has successfully raised $20 million in funding to refine its AI models and expand into new markets. Founded in 2021 by Rajat Mishra, the Los Altos-based company aims to democratize business communication. Its AI assistant, Astrid, allows users to upload assets and customize presentations using industry-specific terminology. With customers including 150 Fortune 2000 companies, the new investment will help Prezent target financial services and manufacturing sectors while expanding operations to Europe and Asia. The funding values the company at over $100 million.