San Francisco-based AI startup Emergent has secured $70 million in Series B funding from Khosla Ventures and SoftBank Vision Fund 2, along with contributions from Prosus, Lightspeed, Together, and Y Combinator.
Since its launch seven months ago, Emergent has raised $100 million in funding. The company has over 5 million users across more than 190 nations, Emergent said in a statement.
It will use the funding to support ongoing team growth, enhance product development, and facilitate entry into new markets as demand for AI-driven software development rises among entrepreneurs and small businesses worldwide.
“Software creation is undergoing a structural shift,” Mukund Jha, co-founder and CEO of Emergent, said in a statement. “It used to be that only people with technical training or capital got to turn ideas into real products. Emergent flips that model. We are seeing millions of people build and ship real businesses, workflows, and products in days.”
Since its establishment, Emergent has achieved $50 million in annual recurring revenue (ARR) and the company projects to exceed $100 million in ARR by April 2026.
“Emergent is harnessing AI to unlock a massive wave of entrepreneurship by removing the technical and capital barriers that have historically limited who can build software,” said Sarthak Misra, partner at SoftBank Investment Advisers.
Emergent has secured Series B funding three months after completing its Series A round. This new funding round follows support from Google and marks SoftBank’s return to investing in AI companies in India.
The startup provides a complete development team that quickly designs, builds, tests, and scales reliable software at a lower cost. Entrepreneurs can transform ideas into revenue in hours with production-quality software ready for launch and integrated with billing providers like Stripe.
