# Emergence Capital: portfolio, investments and team

> Emergence Capital is a vc firm based in Senegal. 101 investments on record, 27 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/emergence-capital (Millionrounds; every figure on the page links to its filing or article)

Senegal · [Investor](https://millionrounds.com/investors)

# Emergence Capital

Last cheque observed Oct 2026; 101 cheques on record.

Email

Deploying now New fund $576M, May 2021 VC firm

Series B Series A Seed Venture Capital & Private Equity

Follow Emergence Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Femergence-capital)

Deploying now

**93%** of best year **27** **cheques in 12 months**, 101 on record

Since the last cheque **4** days **00** hrs **00** min **00** sec

Median round **$30M** Rounds led **11 of 101** Sole investor **8 rounds** Mostly in **United States, 95%**

Pitch Emergence Capital

## Emergence Capital highlights

- 01 27 cheques in the last 12 months
- 02 Mostly Series B and Series A: 58% of its rounds
- 03 Sole investor in 8 rounds, median $9.0M

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Venture Capital & Private Equity
- **Based in:** Dakar, Senegal
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **101 appearances**

- **2026** 24 rounds
- **Oct** **[Casap](https://millionrounds.com/company/casap)** Series B · US · Google News search **$56M** With 4 others
- **Oct** **[Bedrock Robotics](https://millionrounds.com/company/bedrock-robotics)** Series C · US · Google News search **$600M** *Led*
- **Sept** **[Verda](https://millionrounds.com/company/verda)** Series B · FI · ArcticStartup **$189M** *Led*
- **Sept** **[Adaptive Real Estate](https://millionrounds.com/company/adaptive-real-estate)** Series B · US · AlleyWatch **$30M** With 7 others
- **Sept** **[Arcee AI](https://millionrounds.com/company/arcee-ai)** Series B · US · Ventureburn **$150M** *Led*
- **Sept** **[Gimlet Labs](https://millionrounds.com/company/gimlet-labs)** Series B · US **$300M** With 4 others
- **Sept** **[Artificial Intelligence Underwriting Company](https://millionrounds.com/company/artificial-intelligence-underwriting-company)** Series A · US **$40M** With 2 others
- **Sept** **[Ando](https://millionrounds.com/company/ando)** Seed · US **$20M** With 2 others
- **Sept** **[Sela AI](https://millionrounds.com/company/sela-ai)** Series A · US **$15M** With 2 others
- **Jul** **[Together AI](https://millionrounds.com/company/together-ai)** Series C · US · TechCrunch **$800M** With 9 others
- **Jul** **[EverSettled](https://millionrounds.com/company/eversettled)** Seed · US **$5.0M** With 3 others
- **Jun** **[Bland](https://millionrounds.com/company/bland)** Series C · US · Tribeca Venture Partners **$50M** With 7 others
- **Jun** **[Radical Numerics](https://millionrounds.com/company/radical-numerics)** Seed · US **$50M** With 1 other
- **Jun** **[Prosper AI](https://millionrounds.com/company/prosper-ai)** Series A · US **$30M** With 4 others
- **Jun** **[MainFunc (GenSpark)](https://millionrounds.com/company/mainfunc-genspark)** Series B · US **$100M** With 4 others
- **May** **[Pace](https://millionrounds.com/company/pace)** Series B · US · TechStartups **$46M** With 3 others
- **May** **[OpenAI Deployment Company](https://millionrounds.com/company/openai-deployment-company)** Growth · US **$4.0B** With 2 others
- **May** **[ASAPP](https://millionrounds.com/company/asapp)** Debt · US **$24M** With 4 others
- **Mar** **[Hanover Park](https://millionrounds.com/company/hanover-park)** Series A · US **$27M** With 2 others
- **Feb** **[Rowspace](https://millionrounds.com/company/rowspace)** Series A · US · TechStartups **$50M** *Led*
- **Feb** **[Harper](https://millionrounds.com/company/harper)** Seed · US · TechCrunch **$47M** *Led*
- **Feb** **[Bedrock Robotics](https://millionrounds.com/company/bedrock-robotics)** Series B · US · Ventureburn **$270M** With 7 others
- **Feb** **[Veritus](https://millionrounds.com/company/veritus)** Seed · JP **$10M** With 4 others
- **Feb** **[Adaption Labs](https://millionrounds.com/company/adaption-labs)** Seed · US **$50M** With 4 others
- **2025** 23 rounds
- **Dec** **[Identity Digital](https://millionrounds.com/company/identity-digital)** Venture · US **Undisclosed** With 2 others
- **Nov** **[Federato](https://millionrounds.com/company/federato)** Series D · US **$100M** With 4 others
- **Nov** **[Genspark](https://millionrounds.com/company/genspark)** Series B · US **$275M** With 4 others
- **Oct** **[Chainalysis](https://millionrounds.com/company/chainalysis)** Venture · US **Undisclosed** With 3 others
- **Oct** **[Dedalus Labs](https://millionrounds.com/company/dedalus-labs)** Seed · US **$11M** With 5 others
- **Oct** **[Golpo](https://millionrounds.com/company/golpo)** Seed · US **$4.1M** With 4 others
- **Oct** **[Vesence](https://millionrounds.com/company/vesence)** Seed · US **$9.0M** With 3 others
- **Sept** **[DroneDeploy](https://millionrounds.com/company/dronedeploy)** Venture · US **$15M** With 4 others
- **Aug** **[Casap](https://millionrounds.com/company/casap)** Series A · US · AlleyWatch **$25M** *Led*
- **Aug** **[Upkeep](https://millionrounds.com/company/upkeep)** Venture · US **Undisclosed** With 3 others
- **Jul** **[Gusto](https://millionrounds.com/company/gusto)** Venture · US **Undisclosed** With 7 others
- **Jul** **[Cline](https://millionrounds.com/company/cline)** Series A · US **$27M** With 2 others
- **Jul** **[Arcee AI](https://millionrounds.com/company/arcee-ai)** Venture · US **Undisclosed** With 4 others
- **Jul** **[Layer Financial Technologies](https://millionrounds.com/company/layer-financial-technologies)** Seed · US **$6.6M** With 1 other
- **Jul** **[Unify](https://millionrounds.com/company/unify)** Series B · US **$40M** With 4 others
- **Jun** **[AlturaSense](https://millionrounds.com/company/alturasense)** Seed · US **$5.0M** With 1 other

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

Who backs their funds

## 1 LP on record in Emergence Capital's funds

- **Funds:** 1

The institutions that put money into its funds, which the firm then invests in companies. Source: fund news.

- [**Stanford University** 1 fund](https://millionrounds.com/fund/ahpcrc) Fund Vintage Committed Emergence Capital seventh fund - -

Funds they back

## 1 fund commitment on record

- **Managers:** 1

Every fund on record that it has committed money to, and the managers who invest it. Source: fund news.

Managers it backs most

- [Eminence Ventures 1 fund](https://millionrounds.com/fund/eminence-ventures)

Most recent commitments

- [Eminence Ventures second fund](https://millionrounds.com/fund/eminence-ventures)

New fund on file

**$576M**

raised in May 2021

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Series B Series A Seed

Median round joined **$30M** the round, not its cheque Alone, median **$9.0M**

Led 11 of 101 rounds **11%**

- **Sole investor:** 8 rounds
- **Last cheque:** Oct 2026

Rounds by stage said on their site

- Series B *32*
- Series A *17*
- Seed *15*
- Venture *11*
- Series C *10*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [Y Combinator](https://millionrounds.com/fund/y-combinator) 16
- [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) 7
- [Pear VC](https://millionrounds.com/fund/pear-vc) 7
- [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) 6
- [8VC](https://millionrounds.com/fund/8vc) 5
- [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) 5

**Pitching Emergence Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Who they invest alongside

The investors most often in the same rounds as Emergence Capital. A count of rooms they were both in, not a relationship either has claimed.

[**Y Combinator** Accelerator **16** rounds together](https://millionrounds.com/fund/y-combinator)[**Andreessen Horowitz** VC firm **7** rounds together](https://millionrounds.com/fund/andreessen-horowitz)[**Pear VC** VC firm **7** rounds together](https://millionrounds.com/fund/pear-vc)[**Sequoia Capital** VC firm **6** rounds together](https://millionrounds.com/fund/sequoia-capital)[**8VC** VC firm **5** rounds together](https://millionrounds.com/fund/8vc)[**Alumni Ventures** VC firm **5** rounds together](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)[**Georgian** VC firm **5** rounds together](https://millionrounds.com/fund/georgian)[**SV Angel** VC firm **5** rounds together](https://millionrounds.com/fund/sv-angel)[**Salesforce Ventures** Corporate VC **5** rounds together](https://millionrounds.com/fund/salesforce-ventures)[**Base10 Partners** VC firm **4** rounds together](https://millionrounds.com/fund/base10-partners)[**CRV** VC firm **4** rounds together](https://millionrounds.com/fund/crv)[**Bessemer Venture Partners** VC firm **3** rounds together](https://millionrounds.com/fund/bessemer-venture-partners)

## Recently backed

The latest companies Emergence Capital put money into.

[**Casap** $56M · Oct 2026](https://millionrounds.com/company/casap)[**Bedrock Robotics** $600M · Oct 2026](https://millionrounds.com/company/bedrock-robotics)[**Adaptive Real Estate** $30M · Sept 2026](https://millionrounds.com/company/adaptive-real-estate)[**Arcee AI** $150M · Sept 2026](https://millionrounds.com/company/arcee-ai)[**Gimlet Labs** $300M · Sept 2026](https://millionrounds.com/company/gimlet-labs)[**Artificial Intelligence Underwriting Company** $40M · Sept 2026](https://millionrounds.com/company/artificial-intelligence-underwriting-company)

## Quick answers about Emergence Capital

### What does Emergence Capital invest in?

Emergence Capital invests most often at Series B and Series A (58% of the rounds on record), in sectors such as Venture Capital & Private Equity.

### How active is Emergence Capital?

101 investments on record, 27 of them in the last 12 months, and it led 11. The most recent was in Oct 2026.

### What has Emergence Capital invested in recently?

Its most recent investments on record: Casap (Series B, Oct 2026), Bedrock Robotics (Series C, Oct 2026) and Verda (Series B, Sept 2026).

### How big are Emergence Capital's cheques?

The median round it joins is $30M.

### Does Emergence Capital lead rounds?

Sometimes: it led 11 of its 101 investments on record (11%).

### Where does Emergence Capital invest?

Most of the companies it backs are in the United States (95%).

### Is Emergence Capital investing now?

Yes: it is actively investing, with 27 investments in the last 12 months.

### Who does Emergence Capital invest alongside?

Most often Y Combinator (16 rounds together), Andreessen Horowitz (7 rounds together) and Pear VC (7 rounds together).

## Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Find similar investorsOpen your CRM

Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=emergence-capital) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=emergence-capital)