in

$18 million Raised by SAAS Startup Rocketlane

A Mumbai-based SAS (software as a service ) Startup, Rocketlane has raised $18 million, which 8vc leads with participation from Nexus VP and Matrix Partners. Angel investor Gokul Rajaram has also invested in the latest third round.

Rocketlane was founded in 2020 by Srikrishnan Ganesan, Vignesh Girishankar, and Deepak Bala. The company proposed a purpose-built unified workspace to collaborate with customers for all its onboarding projects.

Last year in June, the startup raised $3million in funding from matrix partners India and Venture partners to expand their business. The company aims to use these funds to expand its products offerings further, accelerate marketing and grow its team. The company’s customers include Chargebee, Pando, ParcelLab, Yellow.ai, Link Squares, Appcues, and Netcore. The company Rocketlane has shown a growth of 30%upwards average on a month-to-month revenue claimed and backed up by Srikrishan Gnesan, CEO and co-founder at Rocketlane.

Team Rocketlane is off to set a new category for establishing leadership in the customer onboarding domain and has grown rapidly in the past nine months, says the Co-founder and managing director of Matrix India. This platform will help several businesses shorten their time to time value, helps in streamlining their software implementation journeys, and provide real-time visibility.

Based on the previous year’s growth Rocketlane Claims that there will be several global software companies in the future that will be using Rocketlane to accelerate their growth and reduce churn, making the company successful in the long term.

What do you think?

Ravi Tilekar

Written by Ravi Tilekar

Comments

Leave a Reply

Your email address will not be published.

GIPHY App Key not set. Please check settings

Loading…

0

Recruitment startup Kula raises $2.7 million

Murugappa Group Invests in IIT-M Startup