Chennai-based Rocketlane, a professional services automation platform, has successfully raised $60 million in its Series C funding round led by Insight Partners, bringing its total funding to $105 million.
The company, led by CEO Srikrishnan Ganesan, specializes in assisting enterprises with project delivery, resource planning, and customer collaboration through a unified platform. With a focus on AI-powered execution, Rocketlane is adapting to the growing demand for outcome-driven AI tool adoption by enterprises.
Having served over 750 global customers, including notable names like Intercom and Notion, Rocketlane plans to use the fresh capital to enhance its AI-driven execution platform, Nitro, strengthen enterprise go-to-market strategies, and expand its global presence.
This funding round follows Rocketlane’s previous successful funding efforts, including a $24 million Series B round in June 2024 and an $18 million Series A round in January 2022.
The company’s recent growth, with a revenue increase of over twofold in the past year, underscores its expanding enterprise footprint, marked by new offices in London, New York, and San Francisco. The launch of Nitro aims to streamline delivery workflows for professional services teams through AI-powered processes.
Source: Entrackr : Latest Posts