Rocketlane, a platform focused on customer onboarding, has successfully secured $60 million (₹564 crore) in a Series C funding round led by Insight Partners. This investment will be directed towards enhancing its newly launched Nitro platform.
The company, based in the US, plans to utilize the funds to expedite the development of Nitro’s execution agents and expand its global presence.
Nitro, which was introduced earlier this month, aims to deploy agents that can identify risks and automate routine tasks, including migrations, configurations, documentation, and testing.
In initial tests, Rocketlane claims that Nitro could potentially cut delivery efforts by as much as 50%, allowing service teams to boost their capacity without a corresponding increase in staff.
Founded in 2020 by Srikrishnan Ganesan, Vignesh Girishankar, and Deepak Bala, Rocketlane provides professional service automation and customer onboarding solutions that enhance collaboration among employees, finances, and projects.
Previously, in 2024, Rocketlane raised $24 million in its Series B funding round, co-led by 8VC, Z47, and Nexus Venture Partners.
(The story will be updated soon)