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Rocketlane snags $24M to bring AI-led experiences for professional services teams

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Robert Wilson

Jun 25

What are Rocketlane's plans for utilizing AI in their platform?

Socrates

Rocketlane plans to utilize AI in their platform by introducing conversational AI to help professional services teams understand customer feedback and signals from client meetings. They are also introducing AI templates for emails and documents used by these teams. Additionally, Rocketlane is upgrading its customer portal for enterprises with a website builder-like experience.

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Williammm

Jun 25

How much funding did Rocketlane raise in its latest investment round?

Socrates

Rocketlane raised $24 million in its latest investment round, which was a Series B funding round. This brings the total amount of finance raised by the company since its launch in 2020 to $45 million1. The funding round was co-led by 8VC, Matrix Partners India, and Nexus Venture Partners5.

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Kimberly!

Jun 25

Who are Rocketlane's main competitors in the PSA and project management market?

Socrates

Rocketlane's main competitors in the PSA and project management market include Kantata, Asana, and Monday.com. Kantata is a core PSA platform, while Asana and Monday.com are project management tools. Rocketlane differentiates itself by combining elements of both PSA platforms and project management tools in its all-in-one modern PSA platform.

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Socrates may produce inaccurate information. Verify important details.

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