"In a sign of the demand, or hype, for AI startups, Emergent, an Indian startup building an AI "vibe-coding" platform, has raised $70 million less than four months after it raised a $23 million Series A. The Series B round was jointly led by SoftBank's Vision Fund 2 and Khosla Ventures, and values the startup at $300 million post-money, sources with knowledge of the deal told TechCrunch."
"The funding comes as Emergent claims $50 million in annual recurring revenue (ARR) and more than 5 million users across 190-plus countries. The startup said it is targeting ARR of more than $100 million by April 2026. Like other vibe-coding platforms, Emergent uses AI agents to help users design, build, test and deploy full-stack web and mobile apps. It targets entrepreneurs and small businesses looking to ship products without having to hire large engineering teams."
"The Series B round was jointly led by SoftBank's Vision Fund 2 and Khosla Ventures, and values the startup at $300 million post-money, sources with knowledge of the deal told TechCrunch. Prosus, Lightspeed Venture Partners, Together, and Y Combinator also participated. Emergent has now raised $100 million within seven months of its launch. The funding comes as Emergent claims $50 million in annual recurring revenue (ARR) and more than 5 million users across 190-plus countries."
Emergent raised $70M in Series B led by SoftBank Vision Fund 2 and Khosla Ventures at a $300M post-money valuation, bringing total funding to $100M within seven months of launch. The company reports $50M ARR and over 5M users across 190+ countries, targeting $100M ARR by April 2026. Emergent builds an AI 'vibe-coding' platform using AI agents to design, build, test and deploy full-stack web and mobile apps for entrepreneurs and small businesses. The company is headquartered in San Francisco with most employees in Bengaluru and is hiring across functions while expanding in the U.S., Europe and India.
Read at TechCrunch
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