New Zealand · Series A startup

Who invested in Emerge

6 rounds we have observed, with the 22 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Financial ServicesFintechLogisticsVR & AR

Funding summaryUpdated 5 Nov 2026

$171Mraised across 6 rounds since 2016, from 7 sources

$130MSeries B
Latest round
Series A, $7.3MOct 2024
Led by
Altered Capital
Biggest round
$130MSeries B · Sept 2021
Investors
22 (2 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2018202020222024
$1.8MRound$20MSeed$12MSeries A$130MSeries B?Venture$7.3MSeries A
First round
Round, $1.8M
Dec 2016
Biggest round
$130M
Series B · Sept 2021
Usual gap between rounds
22 months
the median of 5

The rounds

  1. Oct 2024
  2. Aug 2024
    VentureAmount undisclosed3 new1 returning

    Source recorded

  3. Sept 2021
    Series B$130M3 new1 returning

    Source recorded

  4. Nov 2019
  5. Nov 2018
    Seed$20M1 new

    Reported by FinSMEs

  6. Dec 2016
    Round$1.8M

    No investor was named in the report.

    Reported by FinSMEs

Founders and team

From Emerge's own website: 2 founders, 6 on the team.

Michael LetoCo-Founder & President
Andrew LetoFounder
  • Mark McEntireCEO
  • Ben SandersCTO
  • Brad BlomstromCFO
  • Jordan BrychellVP of Operations
  • Boris Robles-SlyusarDirector of Marketing
  • Jack HolmesExecutive Chairman

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

GreycroftVC firm2rounds
One Way VenturesVC firm2rounds
M13VC firm1round, led 1
Altered CapitalVC firm1round, led 1
Y CombinatorAccelerator1round
Alumni VenturesVC firm1round
GaingelsPrivate equity1round
Angel InvestVC firm1round
Icehouse VenturesVC firm1round
Vulcan CapitalFamily office1round
SE VenturesCorporate VC1round
K1W1Investment firm1round
9Yards CapitalVC firm1round
Alma Mundi VenturesVC firm1round
Enterprise AngelsAngel network1round
NZVCVC firm1round
Ocean Azul PartnersVC firm1round
Hard YakaVC firm1round
LionTreeVC firm1round
NZ Fintech FundVC firm1round
Rokk3r Fuel EXOVC firm1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 3 firms list Emerge as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

InterplayFamily officePer its own site
Venture 53AcceleratorPer its own site
Arcturus VentureVC firmPer its own site

Quick answers about Emerge

Who invested in Emerge?

Emerge's investors include Greycroft, One Way Ventures, M13, Altered Capital and Y Combinator, and 17 more on record. Altered Capital led its latest round.

How much has Emerge raised?

Emerge has raised $171M across 6 rounds since 2016. One round did not disclose an amount, so the total is a floor.

When did Emerge last raise?

Emerge's most recent round was a Series A of $7.3M in Oct 2024, led by Altered Capital.

What was Emerge's biggest round?

Emerge's largest round on record is $130M (Series B), in Sept 2021.

Who backed Emerge first?

Emerge's first round on record, in Nov 2018, was backed by Greycroft.

What stage is Emerge at?

Emerge's latest named round is a Series A, in Oct 2024.

Where is Emerge based?

Emerge is based in New Zealand.

Who led Emerge's rounds?

M13 led the Series A in 2019; Altered Capital led the Series A in 2024.

Companies like Emerge

In the same sector, and raised in the last eighteen months.

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