Total amount raised
$28.8 Millions
Latest funding date
04/01/2022
Location
Rattle has successfully raised funds through a Series A round, with notable investors including Insight Partners and GV. The platform focuses on process automation for modern revenue teams, leveraging strategic AI to enhance pipeline visibility and risk insights.
Keep reading to explore the intricacies of Rattle's fundraising journey and the investors backing this innovative platform.
What Is Rattle?
Rattle, founded in 2020, is a San Francisco-based company specializing in B2B, Information Technology, SaaS, Sales, and Software. The company was co-founded by Sahil Aggarwal, Apoorva Verma, and Milan Singh.
With an employee count ranging from 101 to 250, Rattle focuses on developing Salesforce integration technology that allows seamless interaction between systems and people through platforms like Slack and Teams. Their solutions aim to enhance pipeline visibility, risk insights, and overall workflow efficiency for modern revenue teams.
How Much Funding Has Rattle Raised?
- Seed Round
- Amount Raised: $2.8M
- Date: August 2021
- Lead Investors: Lightspeed India Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Likely used for initial product development and market entry.
- Series A Round
- Amount Raised: $26M
- Date: April 2022
- Lead Investors: Insight Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To grow the marketing team and expand the platform ecosystem.
Total Amount Raised: $28.8M. Current Valuation: Not publicly disclosed.
Key Investors
- Insight Partners
- Details: Insight Partners is a global private equity and venture capital firm based in New York. They specialize in high-growth technology, software, and Internet startup and ScaleUp companies.
- Investment Focus Areas: Technology, software, Internet businesses
- Notable Investments: Shopify, Twitter, Qualtrics
- Lightspeed India Partners
- Details: Lightspeed India Partners is a venture capital firm focused on early and growth-stage investments. They have a strong presence in the Indian market.
- Investment Focus Areas: Technology, consumer, enterprise sectors
- Notable Investments: OYO Rooms, Byju's, Udaan
- GV (formerly Google Ventures)
- Details: GV is the venture capital arm of Alphabet Inc. They provide seed, venture, and growth-stage funding to technology companies.
- Investment Focus Areas: Technology, life sciences, consumer products
- Notable Investments: Uber, Slack, Nest
- Sequoia Capital India
- Details: Sequoia Capital India is the Indian arm of Sequoia Capital. They invest in early and growth-stage companies across various sectors.
- Investment Focus Areas: Technology, healthcare, consumer services
- Notable Investments: Byju's, Zomato, OYO Rooms
What's Next for Rattle?
Rattle's future is brimming with opportunities, driven by the expansion of its go-to-market teams and the growth of its platform ecosystem. The company plans to integrate with key systems like Zendesk, JIRA, Marketo, Hubspot, and Salesloft, aiming to become a central hub for revenue operations. This expansion is backed by a significant $26 million Series A funding round, indicating strong investor confidence.
As Rattle scales, future fundraising opportunities seem likely, given the rapid growth and market demand. The company may pursue additional funding rounds to support further expansion and development. However, challenges such as managing technical debt, ensuring high user adoption, and staying competitive in the fast-evolving SaaS market could pose hurdles along the way.
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