Ema raises $77 million Series B to expand AI employee platform
Ema secured $77 million in a Series B round led by Bengaluru‑based venture firm Creaegis, with existing backers Accel, Section 32 and Prosus increasing their stakes. The financing brings the startup’s total funding to $140 million and more than quadruples its valuation from the 2024 round, though the latest valuation was not disclosed. The round consisted entirely of primary equity, with no debt…
Key points
- Ema secured $77 million Series B, bringing total funding to $140 million; round led by Creaegis with Accel, Section 32, Prosus.
- Company reports over 50 enterprise deals, more than 1 million active users, and $150 million+ in revenue bookings with ~180% net dollar retention.
- Ema’s “AI employees” coordinate multiple agents to automate HR, IT, finance tasks, pricing per task outcome rather than seats or token usage.
Founded in 2023 by former Google and Coinbase executive Surojit Chatterjee and ex‑Okta executive Souvik Sen, Ema offers “AI employees” that coordinate multiple AI agents to automate multi‑step HR, IT and finance processes across a company’s existing applications. The company says it has over 50 active enterprise deals, more than 1 million active enterprise users, and has handled over 5 million actions and queries. Customers include NTT DATA, Hitachi, ADP, PwC, Google, KPMG, Wipro and Microsoft. Revenue has grown 50‑fold, with bookings surpassing $150 million, net‑dollar retention around 180 % and gross margins close to 80 %.
Ema plans to use the new capital to expand its go‑to‑market operations, especially sales and marketing, and to enter new regions across Asia‑Pacific, South America and the Middle East. The Mountain View‑headquartered startup now employs nearly 200 people across offices in Bengaluru, London and Vancouver.
Ema, which uses AI agents to automate corporate processes across HR, IT, and finance, raised a $77M Series B led by Creaegis, taking its total funding to $140M
techcrunch.com · 23 September 2026
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