Rocketlane Raises $60 Million Series C to Redefine Professional Services for the AI Era

Rocketlane, an AI-powered Professional Services Automation (PSA) company, has raised $60 million in Series C funding, marking a significant milestone in its mission to redefine professional services for the AI era. The funding, led by global software investor Insight Partners, brings the company's total capital raised to $105 million. This latest round of investment follows a year of strong momentum for Rocketlane, during which the company more than doubled its revenue, expanded its enterprise footprint, and opened new offices in London, New York, and San Francisco.

The success of Rocketlane is closely tied to the shift of enterprises from AI experimentation to agentic execution and measurable business outcomes. As companies move into what is being referred to as "The Outcome Era," AI is no longer just about pilot projects but about delivering tangible results and return on investment (ROI). This shift has created a growing demand for tools and services that can operationalize AI effectively and efficiently.

Rocketlane's flagship product, Nitro, is designed to address this need by providing the industry's first agentic execution platform for professional services teams. Nitro helps services teams increase their capacity and consistency without requiring a proportional increase in headcount. The platform is integrated directly into the delivery workflows of professional services teams and Forward Deployed Engineering teams, which are crucial for deploying and operationalizing enterprise AI.

The growing reliance on services teams to operationalize AI and technology investments is reflected in the global spending on IT services, including consulting, implementation, and integration, which is projected to approach $1.9 trillion according to Gartner. Traditional PSA tools have focused primarily on planning, staffing, and financial oversight, leaving much of the actual delivery work—such as configuration, integrations, documentation, and testing—reliant on manual effort. Rocketlane's execution agents are designed to fill this gap by automating these manual tasks and streamlining the overall process.

The company's recent expansion into new markets and offices, along with the launch of Nitro, has contributed to its impressive revenue growth. Since 2023, Rocketlane has seen its average deal size increase by 4.5 times, demonstrating the strong demand for its AI-powered solutions in the professional services sector.

As enterprises continue to prioritize measurable outcomes and operational efficiency in their AI strategies, Rocketlane's position as a leader in AI-powered PSA is poised for further growth. With the $60 million Series C funding, the company will be able to accelerate its expansion, develop new products, and strengthen its global presence, solidifying its role in shaping the future of professional services in the AI era.