Ema secured $25 million in funding led by Accel, Prosus Ventures to enhance its AI solutions for enterprise, backed by prominent Silicon Valley names.
Mar 05, 2024•almost 2 years ago
Amount Raised
$25 Million
Investors
Sridhar RamaswamyJerry YangSheryl SandbergFirebolt VenturesAme Cloud VenturesMaum GroupFrontier VenturesVenture HighwayWipro VenturesSection 32Prosus VenturesAccel
Description
Ema, the Enterprise Machine Assistant, announced that it has raised $25 million from investors led by Accel, Section 32 and Prosus Ventures. Other investors include Wipro Ventures, Venture Highway, Frontier Ventures, MAUM Group, AME Cloud Ventures, and Firebolt Ventures. Prominent Silicon Valley names such as Sheryl Sandberg, Jerry Yang, and Sridhar Ramaswamy have also backed the startup. The funding will be used for research and development, building new offerings, enhancing its existing product suite, and building its go-to-market function.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech