News on Medial

Vibe coding startup Emergent raises $70 Mn led by Khosla Ventures and SoftBank

Entrackr · 2h ago

Medial

AI software creation platform Emergent has raised $70 million in a Series B funding round led by Khosla Ventures and SoftBank Vision Fund 2, with participation from Prosus, Lightspeed, Together, and Y Combinator. With this round, the company has raised a total of $100 million within seven months of launch. The Series B comes less than three months after Emergent’s $23 million Series A round led by Lightspeed, underscoring the pace at which the company has scaled. The investment also marks SoftBank’s return to AI-focused investments in India. The fresh capital will be deployed towards team expansion, faster product development, and entry into new markets. As demand rises for AI-powered tools that simplify and accelerate software creation, Emergent is scaling its platform to support a growing global user base building and monetizing applications without traditional technical constraints. Founded in 2025 by former Dunzo co-founder Mukund Jha and his brother Madhav Jha, Emergent offers an AI-led platform that enables users to build full-stack, production-ready web and mobile applications using autonomous agents. The platform manages the entire development lifecycle, from design and testing to deployment and scaling, while also offering built-in monetization through integrated billing partners such as Stripe. Emergent claims to have scaled its annual recurring revenue from $100,000 at launch to $50 million within seven months. The company is targeting to cross $100 million in ARR by April 2026 and currently has more than 5 million users across over 190 countries, with adoption driven largely by entrepreneurs and small businesses building and launching commercial software products.