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Maroc Maroc - WN.COM - Business - 28/Sep 14:50

Emergent raises $30m to democratise software creation

Emergent, one of the fastest growing AI startups globally, announced $30 million in total funding, including a new $23 million Series A led by Lightspeed. This follows a $7 million seed round raised earlier in the year. Founded earlier this year in San Francisco, Emergent has already reached $15 million in annual recurring revenue (ARR) within just 90 days of launch, making it one of the fastest-growing AI-startups globally. With Mena emerging as one of the most active hubs for software innovation and SME digital transformation, Emergent’s entry into the region is set to empower entrepreneurs and small businesses to rapidly build and scale applications...

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