Emergent is an Indian AI coding startup that became a unicorn on July 15, 2026, raising a $130 million Series C at a $1.5 billion post-money valuation led by Creaegis — five times its January 2026 valuation and a little over a year after launch (Source: techcrunch.com).
Snapshot
Valuation and revenue
| Date | Figure | Notes | Source |
|---|---|---|---|
| 2026-07-15 | $1.5B post-money (Series C, $130M raised) | Led by Creaegis; 5× the January 2026 valuation | (Source: techcrunch.com) |
| 2026-07-15 | $120M annualized revenue | Up 70% in four months; 200,000+ paying customers | (Source: techcrunch.com) |
Business
Emergent sells AI coding tools; as of July 2026 it reported more than 200,000 paying customers and $120 million in annualized revenue, up 70% in four months (Source: techcrunch.com). Its growth is an instance of the AI coding-agent market expanding outside the United States and China.
Relationships
- instance-of: AI Coding Agents (market participant)
- related: Cursor (Anysphere) (US comparator in AI coding tools)
Confidence note: Low — single source; founding date inferred from "just over a year after launch."