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Ema raises $77M as AI starts eating into enterprise software and services
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Ema, a startup using AI agents to automate corporate processes, raises $77M to take on enterprise software and IT services
Ema's funding comes as AI competes for dollars traditionally spent on enterprise software and IT services, with major AI labs and established software companies also vying for market share
Written by elseif from the cluster below · every claim links back to a sourceThe three things worth knowing
Ema has raised $140M to date and has over 50 enterprise customers, including Google and Microsoft
The startup's technology, called 'AI employees', helps automate multi-step business processes across existing applications
Ema's revenue has grown 50-fold over the past two years, with more than 90% of customers expanding beyond their initial use case
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Ema's funding will be used to expand its go-to-market operations, particularly sales and marketing, as the startup looks to take on more work traditionally handled by software and services providers
The startup's approach to automating business processes end-to-end, using a combination of domain knowledge, integrations, and orchestration, is gaining traction with its customers
Ema's focus on the human-forward model, where AI takes over implementation, integration, and consulting work, is helping the startup maintain gross margins of close to 80%
Written by elseif from the cluster below · checked for specifics the sources never containedTHE CLUSTER