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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, 2024almost 2 years ago

Amount Raised

$25 Million

San FranciscoMachine LearningArtificial IntelligenceSoftware

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.

Company Information

Company

Ema

Location

San Francisco, California, United States

About

Ema is building the next generation AI technology to empower every employee in the enterprise to be their most creative and productive. Our proprietary tech allows enterprises to delegate most repetitive tasks to Ema, the Universal AI employee. We are founded by ex-Google, Coinbase, Okta executives, and serial entrepreneurs. We’re well-funded by the top investors and angels in the world. Ema is based in Silicon Valley with offices in Bangalore and is currently in stealth mode.

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Funding Insights

Based on industry data
VC-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