Rocketium, an AI-powered creative management platform, has announced that it has raised $3.2 million in its Series A funding round. Emergent Ventures, LetsVenture, Blume Ventures and 1Crowd participated in the latest funding round.
The company said that the funds raised will used for expansion in the US as well as for developing a world-class product.
Speaking on the announcement, Satej Sirur, Founder and CEO of Rocketium, commented, “We are thrilled to see Rocketium enhancing the work of growth marketers and designers alike. We operate in a unique space that straddles marketing and design operations, and this new round of funding will help us drive the next stage of product development and global expansion.”
Ankur Jain, Founder and Partner of Emergent Ventures, continued, “While the pace of digital change and innovation has increased exponentially in recent years, the tools and processes for creative development have not kept up — and this is hindering brilliant marketing ideas from reaching their true potential. This is why we’re excited to partner with Rocketium, and bolster the company’s mission to dramatically accelerate design and marketing operations for greater impact. From high-volume content production to data-driven campaign optimisation, Rocketium is challenging traditional organisational silos to deliver a product that is truly loved and relied on by performance marketers and designers alike.”
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.