Emergent, a fast-growing AI software creation platform, has closed a $70 million Series B led by Khosla Ventures and SoftBank Vision Fund 2, with participation from Prosus, Lightspeed, Together, and Y Combinator, bringing total funding to $100 million within seven months of launch.

The company reports over 5 million global users and $50 million in annual recurring revenue, with projections to surpass $100 million ARR by April 2026, signaling rapid momentum and market validation.

Funding will fuel geographic expansion to the United States, Europe, and India, accelerate team growth, product development, and broaden market penetration.

Industry observers describe vibe-coding as an evolution of low-code/no-code, where AI-generated code from natural language prompts broadens what’s feasible and complements, rather than replaces, skilled developers.

Analysts note that AI-driven systems understand context to generate customized code, while complex architecture and optimization still require experienced developers.

Emergent’s platform lets users describe apps in plain language, with AI agents handling interface design, backend logic, databases, cloud setup, authentication, payments, and deployment.

The company employs a hybrid pricing model combining tiered subscriptions with usage-based plans, including free or low-cost options for individuals and premium plans for startups and enterprises.

Unlike traditional no-code tools, Emergent aims to produce production-ready apps that continuously improve and adapt, not just prototypes.

The platform enables non-technical individuals to build and deploy production-ready web and mobile apps, addressing a production gap between demos and monetizable products.

Co-founder and CEO Mukund Jha says Emergent removes traditional barriers to software creation, empowering everyday people to turn ideas into monetizable products quickly, supporting small businesses and entrepreneurs.

Usage currently spans complex applications like ERPs and CRMs (40–50% of paying users), with mobile apps accounting for 10–12% and most users building simpler sites.

Emergent competes in a crowded vibe-coding market with players like Lovable, Cursor, and Replit, but differentiates with a brandable, style-aware agent focused on rapid go-to-market for entrepreneurs and forgiving workflows for non-coders.