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- Ema
Ema Revenue, Valuation, Funding & Investors
Ema is valued at $800M as of September 2026. Ema revenue was $13M, as disclosed with its March 2024 round.
Last Ema valuation
$800M
Series B · Sep 2026
Last Ema funding round
$77M
Series B · Sep 2026
Ema revenue
$13M
Seed · Mar 2024
Key investors in Ema
Accel
Prosus Ventures
S32
Wipro Ventures
Frontier Ventures
AME Cloud Ventures
About Ema
Ema is a Palo Alto-headquartered enterprise AI platform that deploys autonomous agents for workflow automation in customer support, HR, finance, and IT. The Universal AI Employee integrates with tools like Salesforce, Workday, and Microsoft Teams via its Generative Workflow Engine, combining large language models for task delegation and decision-making. Ema serves Fortune 500 companies across industries with secure, multi-model processing. Founded in 2023, it emphasizes enterprise-grade data privacy and scalability.
Founded
2023
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Revenue
$13M (Mar 2024)
Valuation
$800M (Sep 2026)
Ema Valuation
Ema is currently valued at $800M, based on its Series B in September 2026.
The $77M round was led by Creaegis, with participation from S32, Prosus Ventures and Accel.
Ema's valuation has grown 5.3x from $150M at its seed round in March 2024 to $800M in September 2026, across 2 priced rounds.
Ema valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Sep 2026 | Series B | $800M | - |
| Mar 2024 | Seed | $150M | 11.5x |
Ema Revenue
Ema's latest recorded revenue is $13M, as of its seed round in March 2024. At a $150M valuation, that implies a 11.5x revenue multiple.
Ema revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Mar 2024 | $13M | $150M | 11.5x | Seed |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Ema Funding History
Ema has raised a total of $138M across 3 funding rounds.
Ema's first fundraising round was a $25M seed round in March 2024. The most recent completed round was a $77M Series B in September 2026.
Ema funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Sep 2026 | Series B | Creaegis (lead); S32; Prosus Ventures; Accel | $77M | $800M | Ema, the enterprise AI agent startup, raised $77 million in a Series B financing led by Creaegis in September 2026, with participation from Accel, Prosus Ventures and S32. The round was announced as primary equity only, with no debt or secondary component, and it materially increased the company’s total funding base after its prior financing history. The transaction was positioned as backing for Ema’s expansion of AI agents across enterprise workflows in HR, IT and finance, as the company sought to take on tasks traditionally handled by enterprise software and services. The funding was described as a continuation of support from existing investors while bringing in Creaegis as the lead backer for the new round. Ema, short for Enterprise Machine Assistant, is a workplace AI company building generative AI assistant tools for enterprises. It had previously raised capital from Accel, Section 32 and Prosus Ventures, and the September 2026 Series B followed those earlier financings as the company scaled its product and customer adoption. |
| Jul 2024 | Series A | Accel (lead); S32 (lead); Sozo Ventures; SCB 10X; Colle Capital Partners; Microsoft Accelerator; Frontier Ventures; Hitachi Ventures; Prosus Ventures; Wipro Ventures | $36M | - | Ema is a San Francisco-based generative AI startup founded in 2023 by Surojit Chatterjee, Souvik Sen, and Swati Trehan, developing 'universal AI employees' or no-code AI agents that automate complex enterprise workflows across sectors like customer support, sales, marketing, legal, compliance, fintech, healthcare, and e-commerce. The platform integrates over 30 public language models including GPT-4, Claude, and Llama2, ensuring accuracy, compliance, privacy, and seamless integration with enterprise systems to boost productivity and reduce costs. Ema's Series A funding was structured in tranches: an initial $25 million led by Accel, Section 32 (S32), and Prosus Ventures, with participation from Wipro Ventures, Venture Highway, AME Cloud Ventures, Frontier Ventures, Maum Group, and Firebolt Ventures, followed by an extension of $36 million also led by Accel and Section 32, bringing the total Series A to $50 million and overall funding to $61 million as of July/August 2024. Additional investors in the extension included Sozo Ventures, Hitachi Ventures, SCB 10X, Colle Capital Partners, and Microsoft for Startups (via Pegasus Program). The funds are allocated to R&D for technology iteration and new products, go-to-market expansion, and scaling to meet demand. Ema has gained early traction, tripling its customer base since stealth exit in March 2024, with partners like Moneyview, TrueLayer, Envoy Global, and selection for Microsoft's invite-only Pegasus Program for B2B growth support. The company emphasizes enterprise-grade reliability, ROI metrics, and differentiation through agentic AI for operational efficiency and new revenue streams. |
| Mar 2024 | Seed | Accel (lead); Prosus Ventures (lead); S32 (lead); Firebolt Ventures; Venture Highway; Sheryl Sandberg; Varsha Rao; AME Cloud Ventures; Jerry Chih Yuan Yang; Frontier Ventures; The Maum Group; Wipro Ventures | $25M | $150M | Ema, founded in March 2023 by former Google executives Surojit Chatterjee, Souvik Sen, and others, develops Enterprise Machine Assistant, a generative AI platform that acts as a universal AI employee. It enables enterprises to create AI personas for automating complex workflows across functions like customer support, legal, sales, compliance, HR, and IT, integrating with over 200 applications such as Salesforce and Workday. The platform combines multiple large language models with domain-specific models to ensure accuracy, reduce hallucinations, and protect data, charging based on successfully completed tasks. In March 2024, Ema emerged from stealth and raised $25 million in a funding round led by Accel, Prosus Ventures, and Section 32 (S32), with participation from Wipro Ventures, Venture Highway, AME Cloud Ventures, Frontier Ventures, Maum Group, Firebolt Ventures, and prominent angels including Sheryl Sandberg, Jerry Yang, Varsha Rao, and others. This funding, valuing the company at $150 million, will support R&D, new product development, enhancements to its suite, and go-to-market expansion. The startup, with about 30 employees across India and the US, had already secured customers like fintechs Moneyview and TrueLayer, plus Envoy Global, prior to the announcement. Ema positions itself as a horizontal platform with vertical application value in the GenAI space, aiming to foster collaboration between human and AI employees for greater workplace efficiency and productivity. Investors highlighted the team's expertise and the potential of GenAI to transform enterprises at scale through simple conversational automation of complex tasks. |
Who has invested in Ema?
18 investors have backed Ema across its funding rounds, including Accel, Prosus Ventures, S32, Wipro Ventures, Frontier Ventures and AME Cloud Ventures.
Lead investors include Creaegis, Accel, S32 and Prosus Ventures.
Ema Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Lead | Mar 2024 | ||
| 3 | Lead | Mar 2024 | ||
| 3 | Lead | Mar 2024 | ||
| 2 | Participant | Mar 2024 | ||
| 2 | Participant | Mar 2024 | ||
| 1 | Participant | Jul 2024 | ||
| 1 | Participant | Jul 2024 | ||
| 1 | Participant | Mar 2024 | ||
| 1 | Participant | Jul 2024 | ||
| 1 | Participant | Mar 2024 | ||
| 1 | Lead | Sep 2026 | ||
| 1 | Participant | Mar 2024 | ||
| 1 | Participant | Mar 2024 | ||
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Start Free TrialEma Competitors
Ema competitors include listed companies like ODDITY Tech and Beijing CTJ Info Tech, and private ones like Augment Code, Braintrust, Sustech and Openchip.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $977M | - | ||
| Private | - | - | $800M | - | ||
| Private | - | - | $800M | - | ||
| Private | - | - | $791M | - | ||
| Publicly listed | $810M | $131M | $822M | 1.7x | ||
| Publicly listed | $123M | $13M | $924M | 5.1x |
Ema Public Comps
Ema is still privately-owned, but its public comps include Foxit Software, Horizon Quantum, Beijing Deep Glint Tech, ODDITY Tech, Beijing Haitian Ruisheng, Cybozu, Shenzhen Sunwin, Dexterra Group, Beijing CTJ Info Tech and BrightView.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $159M | $13M | 3.6x | 3.2x | 42.0x | 20.6x | |||
| $269K | ($5M) | 2569.3x | - | (140.6x) | (36.6x) | |||
| $23M | ($29M) | 27.7x | 9.6x | (21.8x) | (88.5x) | |||
| $810M | $131M | 1.5x | 1.7x | 9.0x | 17.9x | |||
| $56M | $5M | 14.2x | 14.5x | 166.0x | - | |||
| $238M | $83M | 3.5x | 3.1x | 10.0x | 9.3x | |||
| $20M | ($147M) | 38.2x | - | (5.1x) | - | |||
| $741M | $77M | 1.1x | 1.1x | 10.9x | 8.8x | |||
This data is available for Pro users. Sign up to see all Ema competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Ema
| When was Ema founded? | Ema was founded in 2023. |
| Where is Ema headquartered? | Ema is headquartered in San Francisco, CA, United States. |
| Is Ema publicly listed? | No, Ema is a private, VC-backed company. |
| What is Ema's valuation? | Ema was last valued at $800M in its Series B in September 2026. |
| How much funding has Ema raised? | Ema has raised $138M across 3 funding rounds. |
| What was Ema's last funding round? | Ema's last funding round was a $77M Series B in September 2026, led by Creaegis. |
| Who are Ema's investors? | Ema's investors include S32, Prosus Ventures, Accel, Frontier Ventures, Wipro Ventures, Sozo Ventures, SCB 10X, Firebolt Ventures, Colle Capital Partners, Venture Highway and 8 others. |
| What is Ema's revenue? | Ema's latest recorded revenue is $13M (March 2024). |
| What is Ema's revenue multiple? | Ema's latest valuation implies a 11.5x revenue multiple ($150M valuation on $13M of revenue). |
| Which companies are comparable to Ema? | Companies comparable to Ema include Augment Code, Braintrust, Sustech, Openchip, ODDITY Tech and Beijing CTJ Info Tech. |
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