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Rootly Raises $12M To Help Enterprise It Teams Resolve Incidents 80 Percent Faster

PRIVATEAug 10, 2023•almost 3 years ago

Amount Raised

$12 Million

San Francisco

Description

Rootly, which offers the first and only enterprise-grade incident management platform, announced today that it has raised a $12M Series A round of financing led by Renegade Partners with participation from Google Gradient Ventures (Google’s AI-focused venture fund) and XYZ Ventures. This brings Rootly’s total funding to date to $15.2M ($20M CAD). The company will use the funding to accelerate Rootly’s product roadmap, increase its global engineering presence, and invest in sales and marketing to meet steep market demand for its solution.

Company Information

Company

Rootly

Location

San Francisco, California, United States

About

Rootly is an incident management platform on Slack that helps automate manual admin work during incidents. Leading companies such as NVIDIA, Squarespace, Canva, Grammarly, OpenSea, Figma, and countless others trust Rootly to build a consistent incident response process. See why they rate us 5 stars on G2: https://www.g2.com/products/rootly-manage-incidents-on-slack/reviews

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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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