Emergent AI Hits $100M ARR in 8 Months, Revolutionizing App Building on Phones

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CNBC TV18•23-02-2026, 22:13
Emergent AI Hits $100M ARR in 8 Months, Revolutionizing App Building on Phones
- •Emergent, an AI app-building platform, achieved $100 million in annual run-rate revenue (ARR) in just eight months.
- •The company is democratizing software creation, allowing individuals and small businesses to build apps on mobile phones for $1,000-$5,000, a significant drop from traditional costs.
- •Founded by twin brothers Mukund and Madhav Jha in 2025, Emergent has garnered six million builders globally and seven million apps created.
- •The platform's mobile app-building feature, launched in beta, is already contributing 8-10% of overall revenue growth, attracting a new audience.
- •Emergent focuses on the application layer, enabling users to create functional software without coding, contrasting with companies building foundational AI models.
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