Emergent, an AI-powered software creation platform, has raised $70 million in a Series B funding round led by Khosla Ventures and SoftBank Vision Fund
2, with participation from Prosus, Lightspeed, Together and Y Combinator.
With this round, Emergent’s total funding has reached $100 million within seven months of its launch. The company said it has more than five million users across over 190 countries, using its platform to build and deploy web and mobile applications.
Emergent said its annual recurring revenue (ARR) has grown from $100,000 to $50 million in the past seven months. The company said it is projected to cross $100 million in ARR by April 2026.
Also Read: Emergent raises $23 million to scale AI-powered ‘vibe coding’ platform
The Series B round comes less than three months after Emergent’s Series A funding. The company said the funds will be used to support team expansion, accelerate product development and expand into new markets as demand for AI-driven software creation grows among entrepreneurs and small businesses.
Emergent said its platform enables users to design, build, test and scale full-stack applications, with integrated billing and monetisation tools. According to the company, its software is designed to be production-ready at launch, allowing users to move from idea to deployment in a short time frame.
Also Read: Davos 2026 | India now a top profit center for Saint-Gobain as expansion plan scales up
Commenting on the funding, Emergent Co-Founder and Chief Executive Mukund Jha said the company aims to reduce technical and capital barriers to software creation. “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," Jha said.
