Rocketlane raises $60 million in Series C funding led by Insight Partners
26 Mar 2026, 12:58 PMThe company will use the fresh capital to accelerate development of Nitro's execution agents, expand enterprise go-to-market efforts, and scale globally.
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Rocketlane, an AI-powered professional services automation (PSA) company, has raised $60 million in Series C funding led by global software investor Insight Partners.
The company will use the fresh capital to accelerate development of Nitro's execution agents, expand enterprise go-to-market efforts, and scale globally.
Nitro, which was launched earlier this month, is agentic execution platform designed to embed AI directly into services delivery workflows. Nitro has the potential to reduce delivery effort by up to 50% while surfacing risks weeks earlier, it added.
Rocketlane was founded in April 2020 by Srikrishnan Ganesan, Vignesh Girishankar and Deepak Balasubramanyam. It says it is a purpose-built PSA platform that helps businesses deliver predictable outcomes, accelerate time-to-value, and improve project profitability.
"PSA was built to track work," said Rocketlane, co-founder, Ganesan. "The next generation of platforms will be built to execute it. That's the shift and category we're driving," added Ganesan.
The company currently caters to more than 750 customers globally including Intercom, Glean and Notion.
It added that its revenue more than doubled in the past year and has opened offices in London, New York and San Francisco.
With the latest funding round, the company has raised $105 million in total funding.
"Professional services teams are crucial engines of enterprise software and help turn signed contracts into real business outcomes. Rocketlane's AI-first platform enables professional services teams to scale their impact without scaling headcount," said Apoorva Goyal, principal, Insight Partners.
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