Emergent Revenue, Valuation, Funding & Investors

Emergent is valued at $1.5B as of July 2026, a 12.5x multiple on its last reported $120M revenue.

Last Emergent valuation

$1.5B

Series C · Jul 2026

Last Emergent funding round

$130M

Series C · Jul 2026

Emergent revenue

$120M

Series C · Jul 2026

Key investors in Emergent

  • Y Combinator
  • Lightspeed Venture Partners
  • Khosla Ventures
  • Claypond Capital
  • Creaegis
  • Sentinel Global

Emergent Overview

About Emergent

Emergent is an AI-driven platform that converts natural language prompts into complete web and mobile applications through autonomous agents managing design, logic, integration, and deployment.


Founded

2024

HQ

United StatesSan Francisco, CA

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Revenue

$120M (Jul 2026)

Valuation

$1.5B (Jul 2026)

Emergent Valuation

Emergent is currently valued at $1.5B, based on its Series C in July 2026.

The $130M round was led by Claypond Capital, Creaegis and Sentinel Global, with participation from SoftBank Vision Fund, Y Combinator, Khosla Ventures and Lightspeed Venture Partners.

Emergent valuation by funding round

Emergent valuation by funding round
DateStageValuationRevenue Multiple
Jul 2026Series C$1.5B12.5x

Emergent Revenue

Emergent's latest recorded revenue is $120M, as of its Series C in July 2026. At a $1.5B valuation, that implies a 12.5x revenue multiple.

Emergent revenue by funding round

Emergent revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Jul 2026$120M$1.5B12.5xSeries C

* 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.

Emergent Funding History

Emergent has raised a total of $130M across 1 funding round.

Emergent funding rounds

Emergent funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jul 2026Series CClaypond Capital (lead); Creaegis (lead); Sentinel Global (lead); SoftBank Vision Fund; Y Combinator; Khosla Ventures; Lightspeed Venture Partners$130M$1.5BEmergent, an AI software creation platform enabling founders to build production-ready web and mobile applications, raised $130 million in a Series C round at a $1.5 billion post-money valuation, making it a unicorn within a year of its public launch in 2025. The round was led by Creaegis, with MNI Ventures – Claypond Capital (Ranjan Pai's family office) and Sentinel Global as co-lead investors, and participation from Khosla Ventures, SoftBank Vision Fund 2, Lightspeed, and Y Combinator. This funding brings Emergent's total capital raised to $230 million and reflects a fivefold valuation increase in just four months, driven by rapid global adoption and over 12 million applications built on the platform. Claypond Capital, the investment vehicle of Manipal Group chairman Ranjan Pai, has been an active investor in Emergent since its early stages and continues to back AI-focused startups including Deccan AI and August AI.

Who has invested in Emergent?

7 investors have backed Emergent across its funding rounds, including Y Combinator, Lightspeed Venture Partners, Khosla Ventures, Claypond Capital, Creaegis and Sentinel Global.

Lead investors include Claypond Capital, Creaegis and Sentinel Global.


Emergent Investors

Investors in Emergent by funding rounds participated
InvestorHQRoundsRoleFirst check
SoftBank Vision FundUnited KingdomLondon1ParticipantJul 2026
Y CombinatorUnited StatesSan Francisco, CA1ParticipantJul 2026
CreaegisIndiaBangalore1LeadJul 2026
Sentinel GlobalUnited StatesSan Francisco, CA1LeadJul 2026
Khosla VenturesUnited StatesSan Francisco, CA1ParticipantJul 2026

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Emergent Competitors

Emergent competitors include listed companies like C3.ai and PCITECH, and private ones like Blitzy, LMArena, Deepgram and Hasura.

Public and private companies comparable to Emergent
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
BlitzyUnited StatesBoston, MAPrivate--$1.4B-
LMArenaUnited StatesSan Francisco, CAPrivate$30M-$1.7B56.7x
DeepgramUnited StatesUnited StatesPrivate$240M-$1.3B-
C3.aiUnited StatesUnited StatesPublicly listed$250M($484M)$1.7B4.5x
HasuraIndiaBangalorePrivate--$1B-
PCITECHChinaChinaPublicly listed$1.5B$53M$1.4B0.9x

Emergent Public Comps

Emergent is still privately-owned, but its public comps include PCITECH, Fractal Analytics, TRS Information Technology, Progress Software, Wenge AI, C3.ai, Justsystems, Appier Group, Rackspace and Qt Group.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
PCITECH$1.5B$53M0.8x0.9x24.1x-
Fractal Analytics$344M$50M3.7x3.4x25.8x21.0x
TRS Information Technology$76M($20M)19.3x19.7x(73.5x)478.8x
Progress Software$978M$302M3.0x2.9x9.6x7.3x
Wenge AI$60M($20M)27.6x-(82.7x)-
C3.ai$250M($484M)4.3x4.5x(2.2x)(6.2x)
Justsystems$331M$156M3.1x3.2x6.7x-
Appier Group$281M$44M3.4x2.9x21.6x15.7x

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Common questions about Emergent

When was Emergent founded?Emergent was founded in 2024.
Where is Emergent headquartered?Emergent is headquartered in San Francisco, CA, United States.
Is Emergent publicly listed?No, Emergent is a private, VC-backed company.
What is Emergent's valuation?Emergent was last valued at $1.5B in its Series C in July 2026.
How much funding has Emergent raised?Emergent has raised $130M across 1 funding round.
What was Emergent's last funding round?Emergent's last funding round was a $130M Series C in July 2026, led by Claypond Capital, Creaegis and Sentinel Global.
Who are Emergent's investors?Emergent's investors include SoftBank Vision Fund, Y Combinator, Creaegis, Sentinel Global, Khosla Ventures, Lightspeed Venture Partners and Claypond Capital.
What is Emergent's revenue?Emergent's latest recorded revenue is $120M (July 2026).
What is Emergent's revenue multiple?Emergent's latest valuation implies a 12.5x revenue multiple ($1.5B valuation on $120M of revenue).
Which companies are comparable to Emergent?Companies comparable to Emergent include Blitzy, LMArena, Deepgram, C3.ai, Hasura and PCITECH.

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