# emma funding: rounds and investors > emma has raised $19M across 2 rounds since 2022. Investors include Smartfin, SVB Capital and Altair Capital. Every round with its source. Source: https://millionrounds.com/company/emma (Millionrounds; every figure on the page links to its filing or article) Luxembourg · [Series A startup](https://millionrounds.com/companies) # Who invested in *emma* 2 rounds we have observed, with the 5 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. Cloud Funding summary Updated 26 Oct 2026 **$19M** raised across 2 rounds since 2022, from 3 sources **$1.5M** Debt **$17M** Series A - **Latest round:** Series A, $17M Nov 2024 - **Led by:** Smartfin - **Step-up i:** 11.3× - **Investors:** 5 (1 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. 2023 2024 **$1.5M** Debt **$17M** Series A - **First round:** Debt, $1.5M - **Biggest round:** $17M - **Between rounds:** 2 years ## The rounds - **Nov 2024** Series A **$17M** *3 new* [Smartfin](https://millionrounds.com/fund/smartfin) Lead [Altair Capital](https://millionrounds.com/fund/altair-capital-2) [RTP Global](https://millionrounds.com/fund/rtp-global) Reported by Firms' own news pages and 1 other - **Nov 2022** Debt **$1.5M** *2 new* [SVB Capital](https://millionrounds.com/fund/svb-capital) [Investissement Quebec](https://millionrounds.com/fund/investissement-quebec-2) Source recorded ## Founders and team From emma's own website: 3 on the team. - **Carolyn S.** Director of Marketing and Communications – via G2 - **Erin B.** Designer - **Janeth W.** Director of Marketing ## 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. **Debt** 2022 **Series A** 2024 [Smartfin](https://millionrounds.com/fund/smartfin) L [SVB Capital](https://millionrounds.com/fund/svb-capital) [Altair Capital](https://millionrounds.com/fund/altair-capital-2) [RTP Global](https://millionrounds.com/fund/rtp-global) [Investissement Quebec](https://millionrounds.com/fund/investissement-quebec-2) ## Everyone who backed them [Smartfin](https://millionrounds.com/fund/smartfin) VC firm **1** round, led 1 [SVB Capital](https://millionrounds.com/fund/svb-capital) VC firm **1** round [Altair Capital](https://millionrounds.com/fund/altair-capital-2) Private equity **1** round [RTP Global](https://millionrounds.com/fund/rtp-global) VC firm **1** round [Investissement Quebec](https://millionrounds.com/fund/investissement-quebec-2) Investment firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=emma). ## Also claim to have backed them These 5 firms list emma 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. [AltaIR Capital](https://millionrounds.com/fund/altair-capital) VC firm Per its own site [CircleRock Capital](https://millionrounds.com/fund/circlerock-capital) VC firm Per its own site [Entourage](https://millionrounds.com/fund/entourage) Venture studio Per its own site [Tactico](https://millionrounds.com/fund/tactico-inc) VC firm Per its own site [AAL VC](https://millionrounds.com/fund/aal-vc) VC firm Per its own site ## Quick answers about emma ### Who invested in emma? emma's investors include Smartfin, SVB Capital, Altair Capital, RTP Global and Investissement Quebec. Smartfin led its latest round. ### How much has emma raised? emma has raised $19M across 2 rounds since 2022. ### When did emma last raise? emma's most recent round was a Series A of $17M in Nov 2024, led by Smartfin. ### What was emma's biggest round? Its most recent round, $17M in Nov 2024, is also its largest on record. ### Who backed emma first? emma's first round on record, in Nov 2022, was backed by SVB Capital and Investissement Quebec. ### What stage is emma at? emma's latest named round is a Series A, in Nov 2024. ### Where is emma based? emma is based in Luxembourg. ### Who led emma's rounds? Smartfin led the Series A in 2024. ## Companies like emma In the same sector, and raised in the last eighteen months. [**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**Nebius Group** $4.2B · Oct 2026](https://millionrounds.com/company/nebius-group)[**Blacksmith** $131M · Oct 2026](https://millionrounds.com/company/blacksmith)[**Daytona** $132M · Oct 2026](https://millionrounds.com/company/daytona)[**Blackwall** $162M · Oct 2026](https://millionrounds.com/company/blackwall)[**Salience Labs** $169M · Oct 2026](https://millionrounds.com/company/salience-labs) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app