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Funding · AI & Deep Tech

Emergent raises $70M Series B

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Date
Company
Emergent
What it does
AI software creation platform
Kind
Funding
Amount
$70M
Stage
Series B
Founded
2025
Sector
AI & Deep Tech

What they do

Emergent builds full-stack web and mobile apps using autonomous AI agents

What happened

It raised $70M in a Series B led by Khosla Ventures and SoftBank Vision Fund 2

Why it matters

The company hit $50M ARR in seven months, up from $100K at launch

The details

  • Emergent raised $70 million in a Series B round.
  • The round was led by Khosla Ventures and SoftBank Vision Fund 2.
  • Participation came from Prosus, Lightspeed, Together, and Y Combinator.
  • This brings total funding to $100 million within seven months of launch.
  • The company previously raised a $23 million Series A led by Lightspeed.
  • SoftBank's investment marks its return to AI-focused investments in India.
  • Google's AI Futures Fund made a strategic investment in December last year.

The bigger picture

  • Demand for AI-powered software creation is surging among entrepreneurs and small businesses globally.
  • Emergent's rapid ARR growth from $100K to $50M in seven months shows strong market traction.
  • The company aims to surpass $100 million ARR by April 2026.
  • SoftBank's return to Indian AI investments signals renewed interest in the sector.

About the business

  • Emergent provides a platform for AI software creation.
  • It builds full-stack, production-ready web and mobile applications using autonomous agents.
  • The platform manages the entire development lifecycle, from design and testing to deployment and scaling.
  • It includes built-in billing partners such as Stripe.
  • Users can go from idea to cash flow in hours.
  • The company has more than 5 million users across over 190 countries.
  • It monetizes through subscription or usage-based fees, though specifics are not detailed.

What happens next

  • Use funds for team expansion.
  • Accelerate product development.
  • Enter new markets.

The deal

Type
Series B

Investors

  • Khosla Ventures (lead) — Venture capital firm founded by Vinod Khosla.
  • SoftBank Vision Fund 2 (lead) — Investment fund by SoftBank, focusing on tech companies.
  • Prosus (participated) — Global consumer internet group.
  • Lightspeed (participated) — Venture capital firm.
  • Together (participated) — Investor in AI and tech.
  • Y Combinator (participated) — Startup accelerator.
  • Google's AI Futures Fund (participated) — Strategic investment arm of Google for AI.

Founders

  • Mukund Jha, Co-founder and CEO
  • Madhav Jha, Co-founder

About Emergent

Product
AI coding startup
Customers
Entrepreneurs, SMBs, and non-technical founders building production-ready software
How it makes money
SaaS platform providing autonomous AI agents for application development and business operations
What sets it apart
Autonomous AI agents handle coding without human expertise; 12+ million apps built on platform; orchestration layer built in-house

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