Emergent

Emergent (Emergent Labs) is a San Francisco Y Combinator (S24) company founded in 2024 by twin brothers Mukund Jha (CEO; ex-Dunzo CTO) and Madhav Jha (CTO; PhD, founding Amazon SageMaker) that runs an agentic platform where specialized AI agents collaborate to design, code, test, debug and deploy full-stack production applications from natural-language prompts. The subscription credit model targets non-technical founders and SMBs as well as developers; company materials cite more than 12 million applications built, majority by users without prior coding experience, and strong SWE-Bench rankings for its agents. Funding progressed from a $7 million seed (YC, Together Fund) to a September 2025 $23 million Series A led by Lightspeed, a January 2026 $70 million Series B co-led by Khosla Ventures and SoftBank Vision Fund 2, and in July 2026 a $130 million Series C at a $1.5 billion valuation led by Creaegis with MNI Ventures–Claypond Capital and Sentinel Global as co-leads and participation from Khosla, SoftBank Vision Fund 2, Lightspeed and Y Combinator — about $230 million total. Sources: Emergent news 16 Jul 2026.