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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.
Last updated
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 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.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2020 | Funding round | $20M | - | - | |
| 2018 | Funding round | $20M | - | - | |
| 2017 | Funding round | $2.5M | - | - |
CEO
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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Emerge AI serves 5K customers.
Emerge AI employs approximately 237 people as of 2026, down from 241 in 2023. It serves 5K customers that rely on its solutions.
Emerge AI generates an estimated $9.8M in annual revenue.
Emerge AI was founded by Andrew Leto.
The CEO of Emerge AI is Andrew Leto.
Emerge AI raised $42.5M across 3 rounds.
Emerge AI has 237 employees.
Emerge AI is headquartered in Scottsdale, Arizona, United States.
Emerge AI operates across multiple industries. Browse revenue, funding, and growth data for Emerge AI in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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85 associated members
2024 Revenue
$9.8M(Est.)
Customers
5K
Funding
$42.5M
Avg ACV
$2K
Team
237
Founded
2017
| Year | Milestone | Source |
|---|---|---|
| 2024 | Emerge AI Hit $9.8m revenue in October 2024 | Estimated |
| 2023 | Emerge AI Hit $7.7m revenue in December 2023 | Estimated |
| 2021 | Emerge AI Hit $6.9m revenue in April 2021 | |
| 2017 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 237 employees (December 2024) | |
| 2024 | Reached 239 employees (October 2024) | |
| 2023 | Reached 241 employees (December 2023) | |
| 2022 | Reached 287 employees (December 2022) | |
| 2021 | Reached 259 employees (December 2021) | |
| 2021 | Reached 149 employees (April 2021) |
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