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Funding · AI & Deep Tech

Ema raises $77 million in Series B funding led by Creaegis

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Date
Company
Ema
What it does
Builds enterprise AI employee agents
Kind
Funding
Amount
$77M
Stage
Series B
Based in
Mountain View
Founded
2023
Sector
AI & Deep Tech

What they do

Builds autonomous AI employees that automate multi-step workflows across corporate human resources, information technology, and finance operations

What happened

Raised $77 million in Series B funding led by Creaegis, with participation from returning investors Accel, S32, and Prosus

Why it matters

Pushes total funding to $140 million and quadruples previous valuation, fueling go-to-market expansion and platform development

The details

  • Enterprise artificial intelligence startup Ema Unlimited Inc. has secured $77 million in a Series B financing round.
  • The investment round was headed by Bengaluru-based venture capital firm Creaegis.
  • Previous backers Accel, S32, and Prosus also took part by enlarging their financial stakes.
  • The fresh capital brings the startup's cumulative funding total to $140 million.
  • The transaction was executed purely through newly issued shares without any debt or selling of existing shares.
  • The enterprise will allocate the capital toward scaling its commercial go-to-market teams, recruiting executive talent, and advancing its autonomous worker technology.

The bigger picture

  • The transaction multiplies the startup's valuation from its prior financing round held in 2024 by more than four times.
  • Sales have expanded by fifty times over the past two years, with commercial bookings exceeding $150 million across multiyear agreements.
  • The venture maintains a net dollar retention rate near 180% as current clients continuously broaden their initial deployments.

About the business

  • Deploys autonomous software systems known as AI employees that coordinate multiple artificial intelligence agents to carry out complex, multi-step business processes.
  • Operates across core enterprise functions including human resources, information technology, and finance departments.
  • Integrates with more than 250 business applications and enterprise systems of record to execute workflows directly inside existing corporate software.
  • Serves major enterprise clients including Wipro, Hitachi, ADP, PwC, NTT DATA, Google, KPMG, and Microsoft.
  • Charges customers based on task completion and business outcomes rather than traditional software seats or token consumption.

What happens next

  • Expand go-to-market operations and sales teams
  • Hire more executive leaders
  • Scale commercial operations and enter new geographic markets including Asia-Pacific, South America, and the Middle East

The deal

Type
funding

Investors

  • Creaegis (lead) — Bengaluru-based venture firm
  • Accel (existing) — Existing venture capital backer
  • S32 (existing) — Existing venture capital backer
  • Prosus (existing) — Existing venture capital backer

Founders

  • Surojit Chatterjee, Co-founder and Chief Executive Officer
  • Souvik Sen, Co-founder

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