Funding · AI & Deep Tech
Ema raises $77 million in Series B funding led by Creaegis
By Startup Enthusiast ·
- 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
Founders
- Surojit Chatterjee, Co-founder and Chief Executive Officer
- Souvik Sen, Co-founder
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