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How Emerge AI CEO Andrew Leto grew Emerge AI to $9.8M revenue and 5K customers in 2024.

Developer of a web-based transportation management platform designed to help freight professionals visualize, source and communicate efficiently. The company's real-time Transportation Management System handles freight quotes, tracking, reporting and other functions, enabling companies to avoid the frustration, curb the disorganization and get real-time visibility when they move product across the country.

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Emerge AI Revenue

In 2024, Emerge AI's revenue reached $9.8M. The company previously reported $7.7M in 2023. Since its launch in 2017, Emerge AI has shown consistent revenue growth.

Emerge AI Revenue GrowthReported revenue / ARR by year$0$3M$5M$8M$10M$13M20172018201920202021202220232024$0$7M$8M$10MSource: GetLatka.com
YearMilestone
2024Emerge AI Hit $9.8m revenue in October 2024
2023Emerge AI Hit $7.7m revenue in December 2023
2021Emerge AI Hit $6.9m revenue in April 2021
2017Launched with $0 revenue

Emerge AI Valuation, Funding Rounds

Emerge AI has not publicly disclosed its valuation. The company has raised $42.5M in total funding to date.

Emerge AI has raised $42.5M in total funding across 3 rounds, with its most recent round in 2020.

Emerge AI Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)$0$10M$20M$30M$40M$50M20172018201920202017 cumulative: $3M • 2017 Funding round: $3M2018 cumulative: $23M • 2017 Funding round: $3M • 2018 Funding round: $20M2020 cumulative: $43M • 2017 Funding round: $3M • 2018 Funding round: $20M • 2020 Funding round: $20M$43MSource: GetLatka.com
YearRoundAmountValuation% Sold
2020Funding round$20M--
2018Funding round$20M--
2017Funding round$2.5M--

Emerge AI Employees & Team Size

Emerge AI employs approximately 237 people as of 2026, down from 241 in 2023.

Emerge AI has 237 total employees in different roles and functions. They have 5K customers that rely on the company's solutions.

Emerge AI Team GrowthReported headcount over time0751502253003752017201820192020202120222023202400237237Source: GetLatka.com
YearMilestone
2024Reached 237 employees (December 2024)
2024Reached 239 employees (October 2024)
2023Reached 241 employees (December 2023)
2022Reached 287 employees (December 2022)
2021Reached 259 employees (December 2021)
2021Reached 149 employees (April 2021)

Founder / CEO

Andrew Leto

Andrew Leto, the CEO of Emerge, has been in the logistics industry since 2003 when he founded GlobalTranz after serving five honorable years in the U.S. Navy. Having built a reputation for providing some of the best technology in the industry, GlobalTranz quickly became one of the top-10 Truckload and LTL brokers in the U.S. with over a billion dollars in sales. Andrew also founded 10-4 Systems, a truckload and visibility platform which sold to Trimble in 2016. Andrew resides in Phoenix, Arizona with his wife and two children.

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Customers

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Frequently Asked Questions about Emerge AI

What is Emerge AI's revenue?

Emerge AI generates $9.8M in revenue.

Who founded Emerge AI?

Emerge AI was founded by Andrew Leto.

Who is the CEO of Emerge AI?

The CEO of Emerge AI is Andrew Leto.

How much funding does Emerge AI have?

Emerge AI raised $42.5M.

How many employees does Emerge AI have?

Emerge AI has 237 employees.

Where is Emerge AI headquarters?

Emerge AI is headquartered in Scottsdale, Arizona, United States.

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Compare Emerge AI to the industry

Emerge AI operates across multiple industries. Browse revenue, funding, and growth data for Emerge AI in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Emerge AI Revenue 2024: $9.8M ARR, $42.5M Raised