Private Equity

VC Fund Investments

Video editing SaaS platform Rocketium raises $3.2 M from Emergent, 1Crowd, Blume, LetsVenture

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Bangalore-based creative automation platform Rocketium has raised USD 3.2 million as a part of its Series A funding round. The round saw participation from Emergent Ventures, 1Crowd, LetsVenture, and Blume Ventures. The company will use the funds towards expansion in the US and for building a world-class product. Founded in 2015, Rocketium enables rapid, high-volume creative production that enables marketers to launch impactful campaigns and in-app engagement.

From the Venture Intelligence PE-VC Deal Database: In 2018 & 2019, Rocketium had raised about USD 1 million in 2018 from 1Crowd and Blume Ventures. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)