Roundup · AI & Deep Tech

Rocket in Series A talks with Susquehanna; existing backers may join

By Startup Enthusiast · 29 June 2026

What they do

Rocket is an AI-powered platform for building apps, websites, dashboards, and internal tools via natural language instructions

The company is in Series A talks with Susquehanna International Group, with existing backers Salesforce Ventures and Accel considering participation

This follows a $15 million seed round led by Salesforce Ventures and Accel in 2024

Rocket is currently holding Series A talks with Susquehanna International Group as the lead investor.
Existing backers Salesforce Ventures and Accel are mulling participation in this new funding round.
The company previously raised a $15 Mn seed round led by Salesforce Ventures and Accel in 2024.
Rocket operates an AI-powered platform designed for building applications through natural language instructions.
The GenAI ecosystem is projected to become a $17 Bn market by 2030.
Indian startups cumulatively raised $1.1 Bn across 16 deals last week.
Fintech dominated funding charts last week bagging $902 Mn across two deals.
CRED secured a $900 Mn round which was the largest single funding deal of the year.

Existing investors Salesforce Ventures and Accel may increase their stakes in the upcoming round.
The startup benefits from a growing GenAI ecosystem projected to reach $17 billion by 2030.

Rocket provides an AI-powered platform for creating digital products via natural language commands.
Users can build apps, websites, dashboards, and internal tools using simple text instructions.
The company was founded in 2021 to simplify software development processes.
It targets developers and non-technical users seeking rapid application creation capabilities.
The platform leverages generative AI to translate user prompts into functional code structures.
Rocket aims to democratize app development by removing complex coding requirements.
The business model focuses on providing accessible tools for modern digital product creation.
The company operates within the rapidly expanding artificial intelligence software sector.
Rocket competes in the no-code/low-code space enhanced by advanced generative AI technologies.

The company will likely expand its AI platform capabilities following successful fundraising.

Product: Vibe coding platform for building apps, websites, dashboards, and internal tools by providing instructions in natural language
Customers: Entrepreneurs, SMBs, and developers building production-ready applications
How it makes money: SaaS platform with subscription model; AI-assisted development tool
What sets it apart: Autonomous AI agents handle development; low/no-code approach; rapid iteration