Rocket.Chat Raises US$10M in Series A Bridge Funding

Funding Rounds

Summary

Founded in 2016 and led by Gabriel Engel, CEO, Rocket.Chat provides a Commercial Open Source Software (COSS) communications platform that allows for collaboration between colleagues, across organizations (through bridges, such as MS Teams or federated servers) and with customers (via channels of their choice, such as live chat or WhatsApp). The platform allows its users to maintain ownership of their conversations, offering diverse hosting options, and adhering to strict security and compliance standards, including SOC2, GDPR, and HIPAA. Rocket.Chat’s marketplace of pre-built apps, integrations and technology allows users to create their custom requirements in a matter of weeks. With over 15 million users in active deployments, Rocket.Chat is in over 150 countries, especially in regulated, security-centric industries such as government, healthcare, financial services, education, and critical infrastructure. Its portfolio includes big names such as the US Navy, Continental, Audi, Deutsche Bahn, The Aerospace Corporation, the Government of British Columbia, and the University of Cologne.

$ Funding

$
Amount $10.0M Total raised
Date September 21, 2023 Announcement date
Investors - Lead investors
Company - Funded company

Classifications

industries
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applications
Payments

AI Classifications

Labels
Software Products SaaS Collaboration Software

Linked Companies

Rocket.Chat
$10M to $25M