FundedIQ
Hardware

emma: Funding, Investors & Team (Oct 2026)

Emma is a software platform designed to assist businesses in easily creating, overseeing, and optimizing their own virtual environments without the need for coding. Its aim is to shorten time-to-market and reduce operational expenses. Emma features over 140 cloud service providers and offers access to more than 80% of the global cloud capacity, which is supported by popular vendor applications available in its own store. It is unconcerned about vendor lock-ins and requires no commitment to any specific provider. Emma offers migration instruments between clouds, predictive analytics using AI, and a single SLA, removing any uncertainty in responsibilities, service management, and data transfers outside of the provider's jurisdiction. Additionally, emma provides open connectors, APIs, and CLI to link, provision, and collaborate with a customer's on-site infrastructure.

emma.ms LinkedIn Luxembourg, Luxembourg 11-50 employees
Cloud Computing Cloud Data Services Cloud Infrastructure Cloud Management IaaS IT Management Network Security PaaS
Total raised
$23.0M
Rounds
2
Latest
Series A
Nov 2024

emma has raised $23.0M across 2 funding rounds on record, the most recent a Series A of $17.0M announced in Nov 2024.

That round is above the $10M median round size for Hardware companies tracked on FundedIQ over the last two years.

emma Company Profile and Key Stats

Total funding raised
$23.0M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series A
$17.0M in Nov 2024
Employees
11-50
reported band
Headquarters
Luxembourg, Luxembourg

Latest funding round on record: Nov 2024.

emma Funding Rounds

Date
Round
Amount
Series A
$17.0M
Seed
$6.0M

emma raised $6.0M in a Seed announced in Mar 2023.

1.7 years later, a Series A of $17.0M was announced in Nov 2024.

emma Founders and Leadership Team

Name
Role
Contact
Dmitry Panenkov
Founder
Locked

Contact details for the emma team: 1 of 1 has an email address on file.

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emma Funding Compared to Other Hardware Startups

Segment
Companies
Median round
1,454
$10M
67
$8.0M
8,591
$15M

emma's latest round of $17.0M is above the median round in Hardware. Medians cover the last 24 months of disclosed rounds.

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Private Equity —

emma Funding FAQs

What does emma do?

Emma is a software platform designed to assist businesses in easily creating, overseeing, and optimizing their own virtual environments without the need for coding. Its aim is to shorten time-to-market and reduce operational expenses. Emma features over 140 cloud service providers and offers access to more than 80% of the global cloud capacity, which is supported by popular vendor applications available in its own store. It is unconcerned about vendor lock-ins and requires no commitment to any specific provider. Emma offers migration instruments between clouds, predictive analytics using AI, and a single SLA, removing any uncertainty in responsibilities, service management, and data transfers outside of the provider's jurisdiction. Additionally, emma provides open connectors, APIs, and CLI to link, provision, and collaborate with a customer's on-site infrastructure.

How much funding has emma raised?

emma has raised $23.0M across 2 rounds on record. The most recent is a Series A of $17.0M announced in Nov 2024.

When did emma last raise funding?

emma's most recent funding round on record is a Series A of $17.0M, announced in Nov 2024.

Who founded emma?

FundedIQ lists Dmitry Panenkov (Founder) at emma.

Where is emma headquartered?

emma is based in Luxembourg, Luxembourg.

How many employees does emma have?

emma is in the 11-50 employee band.

How does emma's funding compare to other Hardware startups?

emma's latest round of $17.0M is above the $10M median round size for Hardware companies on FundedIQ across 1,454 tracked companies over the last two years.

About FundedIQ's emma Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for emma is left off this page rather than filled in.

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