Rocket AI

Pune, India Founded: 2020 • Age: 6 yrs
AI tools for document processing and workflow automation are provided.
Annual revenue - Latest available
Total funding $1.2M 1 rounds
Employees 1 Tracked headcount
Investors 1 Known backers
Products 6 Services tracked
Competitors 9 Brand Intelligence

About Rocket AI

Rocket AI is a company based in Pune (India) founded in 2020 by Salil Mehendale. Rocket AI has raised $1.2 million across 1 funding round from investors including StartupBay. The company has 1 employees as of March 28, 2024. Rocket AI offers products and services including Document AI, Robotic Process Automation, Video AI, Conversational AI, and ERP & CRM. Rocket AI operates in a competitive market with competitors including airSlate, Indico Data, Rossum, Kyndi and Natif.ai, among others.

  • Headquarter Pune, India
  • Employees 1 as on 28 Mar, 2024
  • Founders Salil Mehendale
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Legal Name Rocketai Solutions Private Limited
  • Date of Incorporation 06 Aug, 2021
  • Jurisdiction Pune, Maharashtra, India
Operational Areas
Technology → Robotics, Automation & Advanced Manufacturing Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1.2 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.2 M (USD), Seed

    Feb 23, 2022

  • Investors
  • Employee Count
    1

    as on Mar 28, 2024

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Products & Services of Rocket AI

Rocket AI offers a comprehensive portfolio of products and services, including Document AI, Robotic Process Automation, Video AI, Conversational AI, and ERP & CRM.

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Automates data capture from business documents to reduce processing costs.

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Platform for automating manual data entry and workflow management tasks.

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Enables content discovery and engaging video experiences for users.

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Creates speech-to-text and translation tools for multi-language support.

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Offers flexible platforms for enterprise resource planning and customer management.

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Provides integration for stores, catalogs, and product management systems.

Funding Insights of Rocket AI

Rocket AI has successfully raised a total of $1.2M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.2 million completed in February 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Rocket AI

Rocket AI has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include StartupBay.

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Institutional
Investor Description Founded Year Domain Location
Management consulting and business management services are provided.
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Investor details for Rocket AI

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Investments & Acquisitions by Rocket AI

Investments
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Investment portfolio details for Rocket AI

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Financial Statements - Rocket AI

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Detailed financials for Rocket AI

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Rocket Ai Comparisons

Rocket AI Primary company
Description
AI tools for document processing and workflow automation are...
Location
Pune, India
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
1
As of 2024
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Peer comparison for Rocket AI

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Competitors of Rocket AI

Rocket AI operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as airSlate, Indico Data, Rossum, Kyndi and Natif.ai, among others.

Company Name Domain Founded year HQ Location Description
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Provider of no code business automation solutions
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Data processing tasks are automated via AI-driven management solutions.
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Documents are processed and digitized via AI-based platform.
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AI and process automation software is provided for regulated industries.
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Document processing is automated via AI classification and validation.
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Developer of hybrid AI platform for document classification and data extraction
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Detailed competitors of Rocket AI

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Latest news on Rocket Ai

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Frequently Asked Questions about Rocket AI

Rocket AI was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Rocket AI is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Rocket AI is a funded company, having raised a total of $1.2M across 1 funding round to date.

As of Mar 28, 2024, the latest employee count at Rocket AI is 1.

Rocket AI was founded in 2020 in Pune, India, as a provider of AI-based tools focused on document processing. Bot-building software is offered for automating document workflows, alongside a process automation platform and digital workers tailored for BPO, manufacturing, insurance, and retail sectors. Processing models are utilized for documents in banking, healthcare, and IT industries.

Rocket AI's top competitors include Indico Data, airSlate and Rossum.

Rocket AI offers Document AI, Robotic Process Automation, Video AI, Conversational AI, and 2 more products and services.

Rocket AI has 1 investor. Key investors include StartupBay.

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