Emergent raises $70 million from Khosla Ventures and SoftBank Vision Fund 2

Bengaluru: AI software creation platform Emergent announced on Tuesday that it has raised $70 million in Series B funding from Khosla Ventures and SoftBank Vision Fund 2, with participation from Prosus, Lightspeed, Together, and Y Combinator. In total, Emergent has now raised $100 million within seven months of launch.

The platform's ARR (Annual Recurring Revenue) has grown from $100,000 to $50 million in seven months, driven by more than 5 million users worldwide. It is on track to surpass $100 million ARR by April 2026.

The round also follows Google’s recent backing of Emergent, and the investment marks SoftBank’s return to AI investments in India, signalling renewed conviction in the country’s next wave of AI-led companies.

“Software creation is undergoing a structural shift,” said Mukund Jha, co-founder and CEO of Emergent. “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 monetise their ideas, Emergent is stepping in to power the most crucial segment of the economy – small businesses and entrepreneurs," Jha added.

When barriers to software creation fall this quickly, behaviour changes across industries, not just within the technology sector. Emergent is early in shaping how software gets created and monetised over the next decade, not just the next product cycle, and its users are quick to share their success, Vinod Khosla, founder of Khosla Ventures, said.

Launched in 2025, the platform lets anyone create full-stack, production-ready applications using autonomous AI agents.