Emergent Raises $23M to Redefine How the World Builds Software

Emergent, a Bengaluru-based startup, has raised $23 million in Series A funding, led by Lightspeed and supported by Y Combinator, Prosus Ventures, and notable angel investors including Google’s Jeff Dean

The company aims to revolutionize software development by allowing anyone to create production-ready applications without coding, through its AI-powered platform

Emergent's platform automates complex tasks like user interfaces, servers, and payments, acting as a "cloud-based development team" to democratize software creation

In just 90 days after launch, Emergent has achieved $15 million in annual recurring revenue and boasts over one million users who have built more than 15 million apps.

The startup's mission is to break down the technical barriers to entrepreneurship, enabling individuals with just an idea and a smartphone to develop robust and scalable software

Early adopters have successfully used the platform to create diverse applications, from a jewelry store management app to a personal health management tool and an EV marketplace

Lightspeed partner Hemant Mohapatra compared Emergent's impact to the iPhone's revolution in photography, emphasizing its potential to simplify software development for everyone

Emergent is positioning itself as a catalyst for innovation, shifting the focus from large engineering teams to individuals empowered by AI

The startup's AI-first infrastructure ensures speed, security, and reliability, appealing to both solo founders and enterprises seeking scalable solutions

By bridging the gap between "user" and "creator," Emergent is paving the way for millions to participate in the digital economy, marking a significant move towards democratized technology