Ema, a San Francisco, CA-based generative AI company creating the universal employee of the future, secured $50 million in Series A funding, bringing its total funding to $61 million.
Investors
The round was led by Accel and Section 32, with participation from prominent investors such as Prosus Ventures, Sozo Ventures, Hitachi Ventures, Wipro Ventures, SCB 10X, Colle Capital, and Frontier Ventures.
Accel is a global venture capital firm that partners with exceptional teams from inception through all phases of private company growth. Over the past 40+ years, Accel has helped ambitious entrepreneurs build iconic global businesses.
Section 32 focuses on pioneering technologies that enhance human life. The firm invests across various tech sectors, including AI, enterprise software, cybersecurity, fintech, quantum computing, computational biology, and biotechnology.
Ema Use of Funds
The company will use the funding to further develop its technology and support expansion efforts.
About Ema
Ema specializes in generative AI systems designed to enhance workplace productivity. Its technology features AI agents, Ema’s Personas, that can handle complex tasks, integrate seamlessly with enterprise systems, ensure data privacy, and adapt to specific business needs. The company is already collaborating with firms like Moneyview, TrueLayer, and Envoy Global, and was recently accepted into Microsoft's Pegasus Program, which supports B2B startups in accelerating growth.
Funding Details
Company: Ema Unlimited, Inc.
Raised: $50.0M
Round: Series A
Funding Month: July 2024
Lead Investors: Accel, Section 32
Additional Investors: Prosus Ventures, Sozo Ventures, Hitachi Ventures, Wipro Ventures, SCB 10X, Colle Capital, Frontier Ventures
Company Website: https://www.ema.co/
Software Category: AI Agent
Source: https://www.prweb.com/releases/ema-increases-its-series-a-to-50m-with-new-funding-led-by-accel-and-section-32-302210654.html