Rocketlane has secured $60 million (approximately ₹564 crore) in a Series C round led by Insight Partners, bringing its total funding past $100 million as it scales Nitro, its agentic AI platform for professional services. The new capital arrives amid growing enterprise demand for AI-driven automation to improve efficiency and reduce delivery costs.
Focus on Nitro and agentic AI capabilities
Rocketlane will allocate a significant portion of the funds to enhance Nitro, a next‑generation agentic artificial intelligence platform designed for professional services teams. Unlike traditional assistive tools, Nitro deploys autonomous AI agents that can execute tasks within end‑to‑end workflows.
These agents handle functions such as project tracking, data migration, documentation and testing, while monitoring for risks and exceptions in real time. Rocketlane says early adopters have seen service delivery effort fall by as much as 50%, allowing organisations to scale operations without a matching rise in headcount.
Expansion and product development plans
Beyond product development, the company intends to use proceeds to expand its global footprint and accelerate go‑to‑market activities. Investment in research and development will focus on strengthening AI execution capabilities and integrating Nitro more deeply with existing SaaS ecosystems.
As enterprises shift from pilot projects to production‑grade AI deployments, Rocketlane aims to position itself as a provider of execution‑focused AI platforms that deliver measurable business outcomes.
Growth journey and industry outlook
Founded in 2020 by Srikrishnan Ganesan, Vignesh Girishankar and Deepak Bala, Rocketlane has built a unified platform combining project management, collaboration and financial tracking targeted at customer onboarding and professional services teams.
The launch of Nitro represents a strategic move from workflow orchestration toward automated execution, reflecting a broader industry trend toward agentic AI in the enterprise SaaS sector. With fresh capital and strong investor support, Rocketlane is positioned to influence how organisations deploy and scale AI‑driven service delivery.
