Emergent raises $23 Mn in Series A round led by Lightspeed

Emergent, an AI powered app building platform, has raised $23 million in Series A funding led by Lightspeed, with participation from Together Fund, Y Combinator, Prosus Ventures, and angels including Jeff Dean, Devendra Chaplot, and Balaji Srinivasan.

This brings Emergent’s total funding to $30 million, following a $7 million seed round backed by Y Combinator and Together Fund.

The Bengaluru based startup plans to expand its team, deepen R&D, and scale globally, including growing its presence in North America through a new hub in Palo Alto.

Founded in 2025 by Mukund Jha and his brother, Emergent offers a subscription based platform where users can create apps instantly and scale them without needing developers, capital intensive teams, or technical expertise.

Its platform manages everything from UI screens and logins to payments, backend servers, and scaling, powered by a team of autonomous AI agents that code, test, and launch apps in real time.

In just 90 days since launch, the platform claims to have achieved 15 million dollars in annual recurring revenue (ARR), with over one million users building more than 1.5 million apps globally.

The startup has already seen diverse adoption from a Michigan jewellery retailer building pricing management software across 50 stores, to small businesses digitizing inventory systems, and founders creating consumer facing apps like EV marketplaces.

Recently, Rocket, an app building platform that converts natural language into production ready applications, raised $15 million in seed funding led by Salesforce Ventures and Accel.