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Rocketlane raises $60M Series C, bets on AI agents to drive next phase of growth

Amid rising enterprise demand for AI implementation, SaaS startup Rocketlane has secured fresh funding to scale its platform and expand globally.

Rocketlane has raised $60M in a Series C round led by Insight Partners, taking its total funding to $105M. The company plans to accelerate AI agent development, enter new markets, and scale its overall business operations.

The platform focuses on professional services automation, supporting companies that sell and implement AI solutions for enterprises, including tech services firms. Growing AI adoption among its core customer base is now driving increased demand for its offerings.

“Implementing AI and driving adoption and outcomes in the enterprise has turned out to be harder, leading to a shift from product-led to services-led growth. Services teams and existing offerings require tools for compliance, revenue recognition, and scaling operations,” said Srikrishnan Ganesan, chief executive and co-founder of Rocketlane.

The company has recently introduced an AI agent designed to work within delivery workflows. It can execute repeatable billable tasks such as migrations, configurations, documentation, and testing, which are typically handled manually. Rocketlane is positioning this as a key driver for its next phase of growth.

The increasing reliance on services teams to operationalise AI and broader technology investments has contributed to the platform’s growth, the company noted.

Rocketlane reported that its revenue has more than doubled over the past year, while its deal size has grown 4.5x since 2023. The company also expanded its global presence last year with new hubs in London, New York, and San Francisco.

The latest funding builds on its earlier $24M Series B round in 2024, bringing total capital raised to $105M.

“Professional services teams are crucial engines of enterprise software. Rocketlane’s AI-first platform enables professional services teams to scale their impact without scaling headcount,” said Apoorva Goyal, principal at Insight Partners.

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