PE-VC Fund Investments
Automated workspace mgmt platform Rocketlane raises $60-M in Series C led by Insight Partners
Chennai- and California-based B2B (business-to-business) Professional Services Automation (PSA) software firm Rocketlane has raised USD 60 million in a Series C funding round led by Insight Partners, bringing the company's total funding to USD 105 million.Founded in 2020 by Srikrishnan Ganesan, Vignesh Girishankar and Deepak Bala, Rocketlane provides an agentic execution platform designed for professional services teams, initially focusing on customer onboarding and project delivery.The company plans to deploy the capital to accelerate the development of its Nitro execution agents for delivery tasks such as configurations, migrations, testing, and documentation. Additional plans for the funds include expanding the company's enterprise go-to-market strategy and further developing its category of execution platforms.
Between Jun-21 and Jun-24, Rocketlane had attracted about USD 45 M from 8VC, Nexus Venture Partners, Z47, Speciale Invest, others.For FY25, Rocketlane had reported about INR 43 Cr in Operating Income and about INR 4 Cr in PAT.
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