RocketLane has seen significant growth, with revenues increasing over 3x annually over the past two years and over 12x since the last funding round in January 2022. The company currently serves over 500 enterprises, including major tech players like Live Person, Icertis, Uniphore, Moveworks, Fivetran, Salesloft, and Zenoti. The new funding will also be used to hire talent across departments, double down on community-first efforts, and launch a dynamic client-centric portal in the coming months.
Key takeaways:
- RocketLane, a SaaS startup, has raised $24 million in a series B round of funding, led by 8VC, Matrix Partners India and Nexus Venture Partners, taking its total capital raised to $45 million.
- The company plans to use the funding to evolve its platform into a full-blown AI-powered offering, with a focus on operations, project delivery, governance and insights.
- RocketLane provides an all-in-one service delivery platform for enterprises, aiming to improve visibility, accountability, and efficiency in post-sale workflows.
- Currently, RocketLane counts more than 500 enterprises as its customers, and has seen revenues growing over 3x annually over the past 2 years and over 12x since the last funding round in January 2022.