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Chennai-based professional services automation platform Rocketlane has raised USD 60 million in a Series C funding round led by Insight Partners, taking its total funding to USD 105 million. The company had earlier secured USD 24 million in a Series B round in June 2024, co-led by 8VC, Matrix Partners India and Nexus Venture Partners and USD 18 million in its Series A round in January 2022.
The latest funding will be used to enhance Nitro, the company’s AI-powered execution platform, strengthen enterprise-focused sales and support global expansion.
Rocketlane, led by co-founder and CEO Srikrishnan Ganesan, offers tools for managing project delivery, resource planning and customer collaboration through a unified system.
The company’s increased focus on AI-driven execution reflects a wider shift among enterprises from experimental adoption of artificial intelligence to more outcome-oriented use.
Rocketlane currently serves over 750 customers globally, including companies such as Intercom, Glean and Notion.
The funding comes amid strong growth, with the company reporting more than a twofold rise in revenue over the past year. Rocketlane has also expanded its international presence with offices in London, New York and San Francisco and plans to continue investing in product development and enterprise capabilities.
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