Chennai-based startup Rocketlane has raised US$60 million in its Series C funding round, led by Insight Partners bringing its total funding to US$105 million.
Earlier, the company raised US$24 million in June 2024 and US$18 million in January 2022 from investors like 8VC, Matrix Partners India, and Nexus Venture Partners.
Rocketlane plans to use this new funding to improve its Nitro execution agents, grow its enterprise business, and expand to more countries.
“Professional services teams are crucial engines of enterprise software and help turn signed contracts into real business outcomes. Rocketlane’s AI-first platform enables professional services teams to scale their impact without scaling headcount. We’re proud to back a company that more than 25 of our portfolio companies already trust and whose customers include some of the most exciting and innovative AI-native companies,” said Apoorva Goyal, Principal at Insight Partners.
“Five years ago, SaaS was optimizing for product-led growth,” said Srikrishnan Ganesan, CEO and Co-founder of Rocketlane. “But implementing AI and driving adoption and outcomes in the enterprise has turned out to be harder, leading to buzz around ‘Services Led Growth’, with professional services teams, Forward Deployed Engineers and Agent PMs becoming the new heroes. With Nitro, our goal is to give these heroes the superpowers they need to execute their work with radical efficiency and succeed in the Outcome Era, where AI is judged by work completed, risk avoided cand revenue protected.”
Rocketlane was founded in 2020 by Srikrishnan Ganesan, Vignesh Girishankar, and Deepak Bala. It helps companies manage projects, resources, and customer collaboration all in one platform.
The company is now focusing on AI-powered execution, as businesses move from just testing AI to using it for real results.
Rocketlane has over 750 customers worldwide, including well-known companies like Intercom, Glean, and Notion.
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