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0.000829187396351558 -0.000829187396351558 -0.00165837479270312 0 0 0 -0.00248756218905467 -0.00248756218905467
Stock impact report

Vibe coding startup Emergent has raised $70 million, led by Khosla and SoftBank [Business Insider]

SOFTBANK GRP UNSP/ADR (SFTBY) 
NASDAQ:AMEX Investor Relations: softbank.jp/en/corp/irinfo/presentations
Become an Insider and start reading now. Have an account? Log in Emergent is an AI software creation platform that helps anyone build web and mobile applications. The startup just raised $70 million in Series B funding led by Khosla Ventures and SoftBank. Emergent's ARR grew from $100K to $50 million in seven months, driven by more than 5 million users. It was not long ago that building a sophisticated app required a team of experienced programmers hovering over their keyboards. Now, AI has made it possible for a novice with no coding knowledge to whip up high-quality apps from scratch. Emergent, founded out of Y Combinator's startup class of 2024 by twin brothers Mukund Jha and Madhav Jha, is one of the fastest-growing so-called "vibe coding" platforms, already boasting 5 million users and seeing annual recurring revenue soar from $50 million to $5 million in a little over a year. The company recently raised $70 million in Series B funding from Khosla Ventures and SoftB Show less Read more
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