About Rocketlane
Rocketlane is a company based in Covina (United States) founded in 2020 by Deepak Bala, Vignesh Girishankar, and Srikrishnan Ganesan.. Rocketlane has raised $45 million across 3 funding rounds from investors including Nexus Venture Partners, 8VC and Z47. The company has 84 employees as of April 17, 2024. Rocketlane offers products and services including Project Management, Customer Portal, Financial Management, and AI Fills. Rocketlane operates in a competitive market with competitors including Notion, Smartsheet, Clickup, Airtable and monday.com, among others.
- Headquarter Covina, United States
- Employees 84 as on 17 Apr, 2024
- Founders Deepak Bala, Vignesh Girishankar, Srikrishnan Ganesan
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Rocketlane Technologies Private Limited
- Date of Incorporation 19 May, 2020
- Jurisdiction Saidapet, Tamil Nadu, India
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Annual Revenue
$2.28 M (USD)102.48as on Mar 31, 2023
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Net Profit
$188.98 K (USD)101.62as on Mar 31, 2023
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EBITDA
$472.84 K (USD)89.74as on Mar 31, 2023
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Total Equity Funding
$45 M (USD)
in 3 rounds
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Latest Funding Round
$24 M (USD), Series B
Jun 25, 2024
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Investors
Nexus Venture Partners
& 10 more
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Employee Count
84
as on Apr 17, 2024
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Products & Services of Rocketlane
Rocketlane offers a comprehensive portfolio of products and services, including Project Management, Customer Portal, Financial Management, and AI Fills. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for planning, tracking, and managing projects efficiently.
Tool for interactive customer collaboration and accountability.
System for tracking budgets and profitability in services.
Feature for generating updates and documentation automatically.
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Funding Insights of Rocketlane
Rocketlane has successfully raised a total of $45M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $24 million completed in June 2024. 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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $24.0M
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First Round
First Round
(23 Jun 2021)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Series B - Rocketlane | Valuation | 8VC , Nexus Venture Partners | |
| Jan, 2022 | Amount | Series A - Rocketlane | Valuation | 8VC | |
| Jun, 2021 | Amount | Seed - Rocketlane | Valuation | Nexus Venture Partners , Z47 |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Rocketlane
Rocketlane has secured backing from 11 investors, including venture fund and angel investors. Prominent investors backing the company include Nexus Venture Partners, 8VC and Z47. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm investing in technology, life sciences, and related sectors.
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Founded Year | Domain | Location | |
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Venture capital firm that partners with entrepreneurs for product-first companies.
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Founded Year | Domain | Location | |
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Venture capital investment firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Rocketlane
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Rocketlane
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Rocketlane Comparisons
Competitors of Rocketlane
Rocketlane 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 Notion, Smartsheet, Clickup, Airtable and monday.com, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Diversified smart home products including hubs and sensors are provided.
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| domain | founded_year | HQ Location |
Cloud based suite solutions for enterprise project management
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| domain | founded_year | HQ Location |
Cloud based project management platform
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| domain | founded_year | HQ Location |
Cloud and AI based low code workflow and app development platform
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| domain | founded_year | HQ Location |
Cloud-based platform for project management and team tracking is offered.
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| domain | founded_year | HQ Location |
Cloud-based project management software is offered for teams.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Rocketlane
Frequently Asked Questions about Rocketlane
When was Rocketlane founded?
Rocketlane was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Rocketlane located?
Rocketlane is headquartered in Covina, United States. It is registered at Covina, California, United States.
Who is the current CEO of Rocketlane?
Srikrishnan Ganesan is the current CEO of Rocketlane. They have also founded this company.
Is Rocketlane a funded company?
Rocketlane is a funded company, having raised a total of $45M across 3 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on Jun 23, 2021.
How many employees does Rocketlane have?
As of Apr 17, 2024, the latest employee count at Rocketlane is 84.
What is the annual revenue of Rocketlane?
Annual revenue of Rocketlane is $2.28M as on Mar 31, 2023.
What does Rocketlane do?
Platform offering customer onboarding and project management solutions for professional services teams. It is a tool for onboarding and professional services teams to collaborate with customers and deliver projects The features of the platform include streamlining and tracking of project activities, sending personal reminders, capturing information, automated onboarding, scheduling, and training works, and more. It also helps companies to improve customer onboarding and implementation processes.
Who are the top competitors of Rocketlane?
Rocketlane's top competitors include monday.com, Smartsheet and Clickup.
What products or services does Rocketlane offer?
Rocketlane offers Project Management, Customer Portal, Financial Management, and AI Fills.
Who are Rocketlane's investors?
Rocketlane has 11 investors. Key investors include Nexus Venture Partners, 8VC, Z47, Matrix, and Gokul Rajaram.
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