Emergent Raises $23M to Expand No-Code AI Platform

San Francisco, September 25, 2025 — Emergent, an innovative no-code development platform specializing in "agent-based ambient coding," has closed a $23 million Series A funding round. The investment was led by Lightspeed Venture Partners with participation from Together Fund, Y Combinator, Prosus Ventures, and prominent angel investors including Google's Jeff Dean and former Coinbase CTO Balaji Srinivasan.

Image source note: The image is AI-generated using Midjourney

Rapid Market Adoption

The funding brings Emergent's total capital raised to $30 million following a $7 million seed round. The company reports extraordinary traction since launch:

• $15 million ARR achieved within first 90 days
• 1+ million users onboarded
• 1.5 million applications created through the platform

"We're eliminating technical barriers for entrepreneurs," said Mukund Jha, Founder and CEO of Emergent. "Our ambient coding approach lets anyone — regardless of technical background — build fully customized, production-ready applications."

Technology Behind the Platform

Emergent's proprietary technology stack includes:

• AI-powered coding agents that handle complex development tasks
• Automated infrastructure management (login systems, payment processing)
• Enterprise-grade security protocols
• Scalable cloud architecture

Hemant Mohapatra of Lightspeed noted: "Emergent has simplified software creation to its most accessible form while maintaining professional-grade output quality. This represents a fundamental shift in who can participate in the digital economy."

The platform currently offers: ✔️ Pre-built application templates ✔️ Automated backend services ✔️ One-click deployment ✔️ Real-time collaboration tools ✔️ AI-assisted debugging

Market Impact

The funding will accelerate:

• Expansion of engineering team (currently 45 employees)
• Development of mobile app creation tools
• Enterprise partnership programs
• International market expansion

The company projects serving over 5 million users by end of 2026.

Key Points:

✅ $23M Series A brings total funding to $30M (Lightspeed lead)
💡 $15M ARR achieved in first quarter post-launch
🚀 1.5M apps created by non-technical users
f🔓 Democratizing development through ambient coding technology