Emergence Capital
About Emergence Capital
Goldilocks AI lists Emergence Capital as founded in 2003, and PitchBook describes its funds as managed by Emergence Equity Management. Gordon Ritter is listed as founder and general partner, with Kevin Spain, Santi Subotovsky, Joe Floyd, Jake Saper and Lotti Siniscalco also listed as general partners. The firm's fourth fund, Emergence Capital Partners IV, closed at $335 million. The firm later announced ECP VI, a $575 million core fund for early-stage B2B technology companies, alongside Emergence Capital Opportunity I, a $375 million opportunity fund. Its seventh fund closed at $1 billion, announced in March 2025. The sources I found do not say which partners lead the AI investing.
The firm's public description centers on early-stage B2B software. Fundmomentum and VCMatch tag its focus as AI/ML alongside SaaS and enterprise software. Everythingstartups reports that the seventh fund puts a strong emphasis on AI-driven innovation. Tracxn counts 151 portfolio companies, including 18 unicorns such as Verda and Arcee.ai, and lists OpenAI among its portfolio. AIFunding tracks Radical Numerics, where Emergence led a $50 million seed round in June 2026, and Prosper AI, where it took part in a $30 million Series A in June 2026.
F4.fund lists Seed, Series A and Series B as the stages Emergence invests in. Its research estimates a typical check of $5 million to $50 million, with seed checks around $5 million to $15 million and Series A checks around $10 million to $25 million. VCMatch also lists $5 million to $50 million. These are third-party estimates, not figures published by the firm.
- Arcee AI: Series B, $150M, led, September 2026
- Verda: growth round, $189M, led, September 2026
- Genspark: Series B, $485M, June 2026
- Radical Numerics: seed, $50M, led, June 2026
- Adaption Labs: seed, $50M, led, February 2026
- Prosper AI: Series A, $30M, June 2026, participant
- Ando: seed, $20M, September 2026
- Arga Labs: seed, $10M, August 2026
- EverSettled: seed, $5M, led, July 2026
- Hobbes: seed, $6M, April 2026
- pitchbook.com/profiles/fund/14887-72F
- emcap.com/thoughts/announcing-ecp-iv-enterprise-next
- emcap.com/thoughts/ecp-vi
- everythingstartups.com/vc-funds/emergence-capital
- goldi.ai/intelligence/vc/emergence-capital
- f4.fund/firms/emergence-capital
- vcsheet.com/fund/emergence-capital-d3872
- tracxn.com/d/venture-capital/emergence-capital/__uEo0zGaBCIH6Xix_KMgDq
Investing activity
Emergence Capital appears in 11 AI deals tracked by the AI Lounge deals desk, rounds totalling $1.6B, and led 6 of them. The rounds are mostly Seed, Series B and Series C, with a median round size of $50M and the largest at $600M. The most recent are Casap (Series B, $56M, Oct 2026), Bedrock Robotics (Series C, $600M, Oct 2026) and Ando (Seed, $20M, Sep 2026).
Emergence Capital most often invests alongside Base10 Partners, Experian, Lightspeed Venture Partners and Synchrony, and the companies it backs on AI Lounge are mostly in AI, AI agents for financial services and Autonomous construction robotics.
Deals
Frequently asked questions about Emergence Capital
Does Emergence Capital invest in AI startups?
Yes. Recent AI rounds include Arcee AI's $150M Series B and Verda's $189M growth round, both in September 2026. Third-party trackers tag the firm's focus as AI/ML and SaaS.
What stages does Emergence Capital invest in?
Third-party research lists seed, Series A and Series B. The firm's own published materials focus on early-stage B2B companies.
How much does Emergence Capital invest per company?
Third-party estimates put typical checks between $5 million and $50 million, scaling with stage. The firm has not published check sizes.
How large are Emergence Capital's funds?
The seventh fund closed at $1 billion, announced in March 2025. Earlier funds include ECP IV at $335 million and ECP VI at $575 million.
Where is Emergence Capital Partners located?
Emergence Capital is listed in San Francisco by PitchBook and other trackers, though some directories list San Mateo.
What AI companies has Emergence Capital invested in?
Emergence Capital's AI investments include Casap, Bedrock Robotics, Ando, Verda, Arcee AI, Arga Labs, EverSettled and Radical Numerics. The 11 rounds on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is Emergence Capital based?
Emergence Capital is based in San Francisco, US.
What stage does Emergence Capital invest at?
In the rounds tracked on AI Lounge, Emergence Capital has invested at Seed, Series B, Series C and Growth, with a median round of $50M. Emergence Capital led 6 of those rounds.
Who does Emergence Capital co-invest with?
Emergence Capital's most frequent co-investors on AI Lounge are Base10 Partners (1 deal), Experian (1 deal), Lightspeed Venture Partners (1 deal), Synchrony (1 deal) and CapitalG (1 deal).
How can founders reach Emergence Capital?
Founders on AI Lounge can see Emergence Capital's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Emergence Capital to their Investor Pipeline to track the conversation.