Emergence Capital

47 days ago, OpenAI announced Operator, an agent that uses its own browser to perform tasks. We’re excited to share that this technology is now available in Unify‘s AI Agent. In just a few months since its release, our Agent has already been used to answer over 1 million questions. At peak, we’re answering as many as 114,000 questions per day. But today, producing general-purpose agentic behavior is still quite challenging. Relying on APIs to service the hyper-specific questions our customers need answered gets us most of the way there, but there’s always been edge cases that we don’t handle well. That changes today. OpenAI's Computer Use Agent (CUA) now provides Unify’s AI Agent with unlimited access to information — removing the need for long tail integrations. Adding CUA to our agent is like instantly adding 1,000+ data integrations. – Here are a few examples of use cases we can now power with OpenAI’s CUA model: 1/ Climate Tech: "Did this company add electric vehicle (EV) charging stations in their parking lot?": The Unify Agent can now autonomously find the company's headquarters, navigate to Google Maps, enter Street View, analyze the property, and extract key findings like the presence of EV charging stations or solar panels. 2/ HR Management: "Are employees unhappy at this company?" With CUA, Unify's Agent will browse several employee review sites and click into specific reviews to extract examples of negative sentiment. The Agent will then use these anecdotes to craft a message to a prospect. 3/ Developer Tools: "Has this company been deploying buggy code that caused uptime issues?" The Unify Agent can look through public Github repositories to determine development activity and check their status page or recent news articles to see if they had downtime and mention the specific events in outbound messages. 4/ Compliance Software: "Is this company in compliance with all data privacy laws that apply to them?" Agents use CUA to read the news for recent data privacy laws, read the privacy or trust and safety pages of a company's website, and then pinpoint the exact laws that they need more coverage on to include in a personalized email. The OpenAI Startup Fund has been an investor in Unify since 2023. We're grateful to get to collaborate on launches like these. OpenAI's CUA in Unify is now in alpha. If you’d like to learn more, I’ll drop a link to book time with our team in the comments.

🚨 It’s here: The 2025 Tech Stack Report 🚨 Revealing the tools finance teams of all sizes are using the get the job done So when I kicked this off I didn’t think: (1) over 1,000 of you would actually fill out the survey, or (2) it would take me a bajillion hours to pull together. But here we are. Thanks to all the finance pros (nerds? rockstars?) who shared what’s really in their tech stacks. To tease some quick takeaways before you dive into the full report: 💰 Intuit QuickBooks rules ERP until $25M ARR. Then, it's all NetSuite and Sage. Workday is starting to make a big play in the enterprise. 📊 Spreadsheets still dominate FP&A. Dedicated tools don’t cross 50% adoption until $100M+ in revenue. Planful, Aleph, and Abacum are gaining traction as midmarket alternatives. 💳 Ramp vs. Brex: The Expense War Rages On. Ramp dominates under $100M ARR, while Brex is gaining ground at the enterprise level, challenging American Express. 🧾 Homegrown invoicing tools just won’t die. Even at $500M+ ARR, custom-built solutions are the second most common option. ✈️ Travel is the Wild West. 45% of $50M–$100M companies still let employees book travel on their own. Navan and TravelPerk are shaking up the market. 📜 Carta has private cap tables on lock. But, somehow, multiple $1B+ revenue companies are still managing cap tables in spreadsheets. That is psychopathic behavior. This is just a preview. The full report has insights across ERP, FP&A, Sales Comp, BI & Analytics, Procurement, Revenue Recognition, and more. 👉 Download the full report here: https://lnkd.in/ekdwFTc2 Thanks again to our sponsors who made this happen: ERP: NetSuite FP&A: Planful Invoicing & Billing: Subscript Procurement: Tropic Sales Comp: ZenCentiv Revenue Recognition & Close Management: Sage BI & Analytics: Runway We’ll run it back next year. Until then, keep your ear to the grindstone. #Finance #CFO #TechStack #SaaS #Startups #MostlyMetrics

This is one of the best investor focused shows I’ve done in a long time. Emergence Capital is one of those brands where if you know VC, you know how good they are. Their track is fricking insane: $2BN Invested : $8BN Returned in Cash - Salesforce $275.61BN - Veeva Systems $33.04BN - Zoom $25.37BN - Bill.com $20.5BN - Doximity $9.8BN - Gusto $9.6BN - Chainalysis $8.6BN - Box $4.5BN $387 billion (total market cap of Emergence Companies) My 7 key takeaways with Jake Saper 👇 1. F**king Insane Stats on Graduation of Emergence Portfolio - We did an analysis on our deals in terms of graduation metrics: - 9/10 early-stage investments raised successful follow-on rounds. - 1/5 raised rounds north of a billion dollars. - 1/10 have gone public. 2. The Framework We Use for Every Investment - We identify 3-5 things that we have to believe for this deal to return the fund. - We refine them as we do diligence calls & gather more data. - This results in a chart that we use to evaluate the deal. 3. Why Partnerships Have to Do Diligence and Why “Priority Deal” Is a Holy Word    - Every investment we make we have all the partners do diligence. - When we come to make a decision, everyone has made a contribution. - Our process seeks truth together, as a team. 4. Founder or Market: What Is More Important - Market pull comes first when you’re evaluating a potential investment. - The founder comes second. - It is their job to figure out how to build something defensible in that world of market pull. 5. Why Market Pull Is the Most Important Thing  - You want people who are desperate for your product. - They should have tried solving it themselves either by hacking something together or by buying an inferior product. - Otherwise your product is only a nice-to-have. 6. Why Most Venture Firms Have Broken Partnerships - Most venture firms either hire seasoned CEOs or junior associates with 2 years to prove themselves. - The junior people’s investments either do not have enough time to mature or they leave because they’ll never be equal partners. - This is bad for the founders because they will become orphaned deals. 7. 3 Reasons Why AI Will Not Replace Vertical SAAS - Three reasons: - Expertise – You are not just buying the code; you are buying an opinionated perspective on how to solve the problem - Maintenance – They are constantly keeping the software up to date - Accountability – They guarantee reliability & support (links in comments) #Founder #funding #business #investing #vc #venturecapital #entrepreneur #startup

Huge thanks to Emergence Capital for an incredible moment, announcing our Series B on the Nasdaq board in New York City. Our head of GTM, Noah Kravitz, and Strategy & Operations Lead, Turner Gauntt, stopped by to see it in person, a big milestone for the team. There's more to come! 🚀

Data is the new gold, but most companies are leaving treasure buried in their own backyard. In this video, I discussed four key strategies for founders to break through growth plateaus - starting with leveraging latent organizational data. Companies have incredible information trapped in their systems, waiting to be transformed into insights. From internal collaboration tools to historical records, your next breakthrough might be hiding in plain sight. Founders: Are you ready to dig deeper?