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Rocketlane raises $24M in a Series B funding round co-led by 8VC, Matrix Partners India, and Nexus Venture Partners

PRIVATEJun 25, 2024•almost 2 years ago

Amount Raised

$24 Million

Round Type

series b

India

Investors

Nexus Venture PartnersMatrix Partners India8 Vc

Description

California-based workflow automation platform Rocketlane has raised a $24 million Series B funding round co-led by 8VC, Matrix Partners India, and Nexus Venture Partners. The new funding will accelerate Rocketlane’s AI roadmap, enabling the development of advanced features and capabilities that enhance client project delivery.

Company Information

Company

Rocketlane

Location

India

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, FundzIQ™ for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies.

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