Rocketlane has raised $60.0 million in a new funding round, securing significant investment capital from investors to further develop its purpose-built customer onboarding and professional services automation (PSA) platform. This substantial financial backing marks a pivotal moment for the company as it continues to address critical needs in project delivery and customer success, underscoring investor confidence in its market approach.
The company's platform is specifically designed to accelerate time-to-value for customers and significantly improve project profitability and predictability for businesses. Rocketlane achieves this by unifying projects, people, and finances within a single system, enabling organizations to collaborate more effectively with customers and ensure projects are consistently delivered on time and within budget. Its comprehensive solution helps streamline complex workflows, from initial customer onboarding to ongoing project management, thereby enhancing operational efficiency and client satisfaction across various industries.
Rocketlane plans to strategically deploy the newly secured funds to accelerate its ambitious growth initiatives. This includes a significant expansion of its product development efforts, aimed at introducing advanced features and capabilities that further enhance the platform's intelligence and automation. Additionally, the investment will support an aggressive expansion of its market presence, both domestically and internationally, and enable the scaling of its team to meet the demands of a rapidly growing customer base. The capital infusion will empower the company to further innovate its platform, ensuring it remains at the forefront of customer onboarding and PSA technology.
This latest capital infusion firmly positions Rocketlane for continued expansion and leadership in a rapidly evolving market. The company is focused on strengthening its platform's capabilities and extending its reach to help more businesses optimize their project delivery and customer engagement strategies, driving sustained growth and delivering enhanced value to its clients worldwide.
