Emergent closed a $130M Series C at a $1.5B valuation, reaching unicorn status just 13 months after founding with $120M ARR and 200,000 paying customers.

The latest financing takes Emergent's total capital raised since inception to $230 million. The startup last raised $70 million in January, in a round led by Khosla Ventures and…

The startup has reached a $120 million annualized revenue run rate and more than 200,000 paying customers.