At a Glance
- Indian AI vibe-coding startup Emergent raised $70 million in a Series B round just four months after its $23 million Series A.
- The round doubled the company’s post-money valuation to $300 million and brought total funding to $100 million within seven months of launch.
- Emergent claims $50 million ARR and over 5 million users across 190-plus countries, targeting $100 million ARR by April 2026.
- Why it matters: The deal signals surging investor appetite for AI-assisted coding tools that let non-technical founders launch full-stack apps without large engineering teams.
Emergent, an Indian startup building an AI “vibe-coding” platform, has closed a $70 million Series B round led jointly by SoftBank’s Vision Fund 2 and Khosla Ventures, according to sources familiar with the matter. The financing vaults the company to a $300 million post-money valuation and comes barely four months after it raised a $23 million Series A.
Prosus, Lightspeed Venture Partners, Together, and Y Combinator also joined the round, pushing Emergent’s total fundraising to $100 million within seven months of its public debut.
Rapid Growth Metrics
The company says it now handles $50 million in annual recurring revenue and serves more than 5 million users spread across 190-plus countries. Emergent is guiding for ARR to exceed $100 million by April 2026.
Like rival platforms Lovable, Cursor, and Replit, Emergent deploys AI agents to let users design, build, test, and deploy full-stack web and mobile applications. The service is pitched at entrepreneurs and small businesses that want to ship products without hiring large engineering teams.
Geographic Footprint
Although Emergent is officially headquartered in San Francisco, 70 of its 75 employees work from an office in Bengaluru. The startup is hiring aggressively across product, engineering, and go-to-market roles in both countries.
“We continue to see massive demand across our top geographies – the U.S., Europe and India – and we’ll continue to expand deeper into these markets,” founder Mukund Jha told News Of Philadelphia, noting that the recently launched mobile app-building service is seeing strong adoption.
Competitive Landscape
The vibe-coding segment has mushroomed into big business within two years as AI-assisted coding lowers the barrier to creating software. Accel led a $15 million seed round last year in Rocket, another India-founded startup in the space, with participation from Together Fund and Salesforce Ventures.
SoftBank Returns to India
The deal marks SoftBank’s first investment in an Indian startup since it backed commerce venture ElasticRun nearly four years ago.
Use of Funds
Emergent says the fresh capital will be used to:
- Expand its team in both India and the United States
- Accelerate product development
- Deepen presence in key markets
Key Takeaways
- Emergent’s $70 million Series B doubles its valuation to $300 million in under four months
- The startup has hit $50 million ARR and aims to double that figure by April 2026
- SoftBank re-enters India after a four-year hiatus, co-leading the round with Khosla Ventures
- The funding underscores investor fervor for AI tools that let non-coders build production-grade apps
