Rocketlane Nets $60 Mn To Strengthen Agentic AI Platform Nitro
The US-headquartered company will be deploying the fresh round of funds to accelerate development of Nitro’s execution AI agents and scale its global footprint
With Nitro, the startup is planning to deploy AI agents that detect risks, automate recurring tasks such as migrations, configurations, documentation and testing
Founded by in 2020, Rocketlane is a professional service automation (PSA) and customer onboarding platform
Customer onboarding platform Rocketlane has raised $60 Mn (₹564 Cr) as a part of its Series C funding round led by Insight Partners to strengthen its recently launched agentic AI platform Nitro.
The US-headquartered company will be deploying the fresh round of funds to accelerate development of Nitro’s execution AI agents and scale its global footprint.
Notably, Rocketlane launched Nitro this month itself. With Nitro, the startup is planning to deploy AI agents that detect risks, automate recurring tasks such as migrations, configurations, documentation and testing.
In early deployments, Rocketlane claims that Nitro has the potential to reduce delivery effort by up to 50% while surfacing risks, enabling services teams to increase capacity without proportional headcount growth.
Founded by former Freshworks executives Srikrishnan Ganesan, Vignesh Girishankar and Deepak Bala in 2020, Rocketlane is a professional service automation (PSA) and customer onboarding platform that brings together employees, finances and projects to help enterprises improve collaboration.
Prior to this, in 2024, Rocketlane raised $24 Mn in its Series B funding round, which was co-led by 8VC, Z47 and Nexus Venture Partners.
(The story will be updated soon)
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