Emergent, an AI-driven software creation platform that helps users build full-stack web and mobile applications, has raised $70 million in Series B funding led by Khosla Ventures and SoftBank Vision Fund 2, the company said Tuesday.
The round also included participation from Prosus, Lightspeed, Together, and Y Combinator. Emergent said the financing brings its total capital raised to $100 million within seven months of launch.
The San Francisco-based company positions its product as a full development team delivered through autonomous agents that can design, build, test, and scale applications end to end. Emergent said its tools are aimed at reducing the time, cost, and technical expertise traditionally required to ship production-ready software, allowing creators to launch applications with built-in monetization through integrations such as billing providers.
Emergent said adoption has accelerated rapidly, with more than 5 million users across over 190 countries building and shipping products on the platform. The company also reported that annual recurring revenue has reached $50 million in seven months since launch, up from $100,000 in ARR during the same period.
The Series B arrives roughly three months after Emergent’s $23 million Series A, following a $7 million seed round. The company described the timeline as among the fastest Series A-to-Series B progressions in the AI category. Emergent also cited recent support from Google’s AI Futures Fund.
Emergent said the new capital will be used to expand headcount, accelerate product development, and push into additional markets as demand grows among entrepreneurs and small businesses seeking to build software without traditional engineering resources. The company framed its approach as part of a broader shift toward AI-enabled creation, where non-technical founders can move from idea to deployable, revenue-generating software in significantly less time.
Emergent was co-founded by Mukund Jha and said it is backed by Khosla Ventures, SoftBank, Lightspeed, Y Combinator, Prosus, Together, and Google’s AI Futures Fund.
KEY QUOTES:
“Software creation is undergoing a structural shift. 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. As a result, many are generating new sources of income. By helping everyday people build and monetize their ideas, Emergent is stepping in to power the most crucial segment of the economy – small businesses and entrepreneurs.”
Mukund Jha, Co-Founder and CEO, Emergent
“Emergent is growing at a pace we rarely see because it is tapping into a segment that has never been served. When barriers to software creation fall this quickly, behavior changes across industries, not just within the technology sector. Emergent is early in shaping how software gets created and monetized over the next decade, not just the next product cycle, and its users are quick to share their success.”
Vinod Khosla, Founder, Khosla Ventures
“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. We are excited to partner with Mukund, Madhav, and the Emergent team on a shared vision to help entrepreneurs worldwide turn ideas into businesses.”
Sarthak Misra, Partner, SoftBank Investment Advisers
