Ema closes $77M Series B, keeps its quadrupled valuation secret
All-primary equity is in the bank, but valuation and annualized revenue stay undisclosed; every operating figure is company-reported.
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Ema has closed a $77 million Series B, bringing its total funding to $140 million.
The round was led by Bengaluru-based Creaegis, with Accel, Section 32 and Prosus increasing their stakes. It consisted entirely of primary equity, with no debt or secondary transactions. The company says the valuation more than quadrupled from its 2024 round but declined to disclose the number.
Operating figures are all company-reported: bookings above $150 million (multiyear contract value, not ARR), net dollar retention around 180%, gross margins near 80%, with the annualized run rate undisclosed. The capital goes mainly to sales and marketing, with expansion planned into Asia-Pacific, South America and the Middle East.