Ema, a San Francisco, CA-based generative AI company creating the universal employee of the future, added $36M to its Series A funding which now totals $50M.
The round was led by Accel and Section 32 with participation from Prosus Ventures, Sozo Ventures, Hitachi Ventures, Wipro Ventures, SCB 10X, Colle Capital and Frontier Ventures.
The company, which has raised $61M to date, intends to use the funds to continue iterating its technology and expand its investments in R&D and GTM.
Led by Surojit Chatterjee, CEO, Ema provides an agentic AI system designed to enhancing the workplace by performing a wide range of complex tasks with a collection of AI agents (called Ema’s Personas), improving efficiency, and boosting productivity across countless organizations. All of Ema’s Personas are equipped with the essential benefits of integration, data protection, and accuracy. Ema addresses the shortcomings of LLMs such as inaccurate outputs, potential data security risks, and an inability to provide domain-specific insights crucial for informed decision-making with its agentic AI architecture. Ema’s agentic AI systems can:
- Adapt to enterprise-specific data and workflows
- Leverage multiple LLMs based on accuracy, cost, and performance requirements
- Maintain data privacy and security by operating within company infrastructure
- Provide explainable and verifiable outputs, crucial for business accountability
- Continuously update and learn from real-time enterprise data
- Execute complex, multi-step tasks autonomously
Several companies such as Moneyview, TrueLayer, and Envoy Global, are already partnering with Ema to bring agentic AI technology to the enterprise. The company was also recently selected for Microsoft’s invite-only Pegasus Program, an incubator for select B2B startups that helps them accelerate growth with additional support in uncovering leads, and GTM.
FinSMEs
31/07/2024