Ema: Gen AI Company Increases Series A To $50 Million

By Amit Chowdhry • Aug 5, 2024

Ema, a generative AI (GenAI) company creating the universal employee of the future, announced its Series A total of $50 million after adding $36 million in funding led by Accel and Section 32. This funding round also includes participation from Prosus Ventures, Sozo Ventures, Hitachi Ventures, Wipro Ventures, SCB 10X, Colle Capital, and Frontier Ventures. The company has raised $61 million so far, and since it emerged from stealth in March, Ema has more than tripled its customer base.

Ema’s agentic AI system was designed to transform the workplace by performing various complex tasks with a collection of AI agents (called Ema’s Personas), improving efficiency and boosting productivity across countless organizations.

And all of Ema’s Personas are equipped with the essential benefits of seamless integration, data protection, and accuracy. Ema addresses the shortcomings of LLMs like inaccurate outputs, potential data security risks, and an inability to provide domain-specific insights crucial for informed decision-making with its agentic AI architecture.

Unlike static LLMs, Ema’s agentic AI systems can:

  1. Adapt to enterprise-specific data and workflows
  2. Utilize multiple LLMs based on accuracy, cost, and performance requirements
  3. Maintain data privacy and security by operating within the company infrastructure
  4. Provide explainable and verifiable outputs, crucial for business accountability
  5. Continuously update and learn from real-time enterprise data
  6. Execute complex, multi-step tasks autonomously

This new funding round will be used to continue iterating its innovative technology and expand its investments in R&D and GTM so the company can meet the growing demand for its offerings. And several companies such as Moneyview, TrueLayer, and Envoy Global, are already partnering with Ema to bring agentic AI technology to the enterprise. Ema was also recently selected for Microsoft’s invite-only Pegasus Program, an incubator for select B2B startups that helps them accelerate growth with additional support in uncovering leads, and GTM.

KEY QUOTES:

“Our mission is to transform enterprises and help every employee work faster with the help of simple-to-activate and accurate agents. Our universal AI employee will help enterprises execute tasks across customer support, employee support, sales enablement, compliance, revenue operations, and more, allowing teams to focus on the most strategic and highest value projects.”

– Surojit Chatterjee, CEO and co-founder of Ema

“Ema’s platform enables enterprises to use generative AI to streamline operations for substantial cost reductions or to unlock new revenue streams. The company and management team have a strong track record of enterprise-grade delivery, reliability and compliance. Combined with the platform’s proven return on investment metrics, Ema is differentiated and has become the partner of choice for all enterprises that want to add next-generation AI to their operations or products.”

– Andy Harrison, Partner at Section 32

“Ema abstracts out the underlying complexities of GenAI implementation, catapulting enterprises directly to business/ROI level discussions. Surojit and Souvik are visionary founders who have invested in cutting-edge technology ahead of the market, and built an A+ team across continents. They have demonstrated significant impact for their customers quite early on in Ema’s journey. We’re excited to continue our partnership with them as Ema shapes enterprise software’s next big frontier,” said

– Subrata Mitra, Partner at Accel