Emergent Secures $70 Million to Enable Anyone to Build and Monetize AI Software

San Francisco startup Emergent announced a $70 million Series B funding round today led by Khosla Ventures and SoftBank Vision Fund 2. The company achieved a remarkable growth milestone, scaling its annual recurring revenue from $100,000 to $50 million in just seven months. Total funding for the platform has now reached $100 million since its launch less than a year ago.

The platform functions as an autonomous development team that designs, builds, and scales full-stack applications from simple text prompts. Unlike traditional coding assistants, Emergent uses AI agents to handle the heavy lifting of backend logic and database architecture. This approach enables 5 million global users to ship production-ready web and mobile apps without writing a single line of manual code.

Monetization is a core feature of the service, moving creators from an initial idea to active cash flow in hours. The software integrates natively with billing providers like Stripe, ensuring every new application is ready for customers immediately upon launch. This "text-to-cash flow" model aims to empower the growing number of entrepreneurs seeking to build digital businesses quickly and cheaply.

Twin brothers Mukund and Madhav Jha founded the company in 2025, bringing expertise from Amazon SageMaker and the Indian unicorn Dunzo. Their vision is to democratize software creation by eliminating the high capital requirements and technical expertise that previously served as gatekeepers. The startup has already attracted a massive audience across 190 countries, proving a high demand for accessible development tools.

The investment arrives during what experts call the Year of the Entrepreneur, with one in three adults planning new ventures in 2026. This trend is driven by "vibe coding," a workflow where users manage the intent of software while AI handles the syntax. Major backers including Lightspeed and Y Combinator see this as a structural shift in how businesses are built. Looking ahead, Emergent plans to use the capital to accelerate its product development and expand into new global markets. The team will focus on enhancing the capabilities of its autonomous agents to handle increasingly complex legacy code maintenance. As technical barriers continue to fall, the company expects to see a massive wave of new small businesses entering the digital economy.