HomeInsightFUNDING NEWS- Newly Funded Startups 2024 Ema Raises $25 Mn Funding Led by Accel, Prosus

[Funding alert] Ema Raises $25 Mn Funding Led by Accel, Prosus

Ema, Enterprise Machine Assistant has raised USD 25 million to date, led by Accel, Section 32 and Prosus Ventures, with participation from Wipro Ventures, Venture Highway, AME Cloud Ventures, Frontier Ventures, Maum Group and Firebolt Ventures.
Swati Trehan, Surojit Chatterjee and Souvik Sen, founders of Ema

Ema, Enterprise Machine Assistant has raised USD 25 million to date, led by Accel, Section 32 and Prosus Ventures, with participation from Wipro Ventures, Venture Highway, AME Cloud Ventures, Frontier Ventures, Maum Group and Firebolt Ventures.

According to the company, Ema will use the money for R&D, to create new products and improve its current line of offers. A portion of the revenues will also be used to establish the company’s go-to-market strategy.

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Surojit Chatterjee, Founder & CEO of Ema, said: “Our mission is to transform enterprises and empower every employee to work faster with the help of simple-to-activate, accurate and trustworthy AI employees. We are delighted to emerge from stealth with the support of blue-chip institutional investors, renowned angels, multiple happy customers and an incredible talent pool of machine learning engineers. We are just starting on a journey that will change how humans and synthetic intelligence interact to build a more collaborative, productive, and fulfilling workplace.”

https://twitter.com/surojit/status/1765015071900790873

Ashutosh Sharma, Head of Investments, India at Prosus Ventures, said: “Ema is leading the next frontier of Generative AI for enterprises with a vision to drive efficiency across all business areas. This will lead to enterprise-wide productivity gains. It is a hard problem, but once solved, it will be transformative, and we are thrilled to partner with Surojit and his team on this endeavour.”

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Ashutosh Sharma, Head of Investments, India at Prosus Ventures, said: “Ema is leading the next frontier of Generative AI for enterprises with a vision to drive efficiency across all business areas. This will lead to enterprise-wide productivity gains. It is a hard problem, but once solved, it will be transformative, and we are thrilled to partner with Surojit and his team on this endeavour.”

About Ema

Ema, an abbreviation for Enterprise Machine Assistant, is a next-generation technology company focused on harnessing the power of artificial intelligence to transform enterprises. Through its Universal AI Employee, Ema defines how machines and humans work together to build the future of work.

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