Rocket AI - About the company
Rocket AI is a seed company based in Pune (India), founded in 2020 by Salil Mehendale. It operates as a Provider of AI-based tools for document processing. Rocket AI has raised $1.2M in funding. The company has 127 active competitors, including 16 funded and 7 that have exited. Its top competitors include companies like Conga, airSlate and Indico Data.
Company Details
Provider of AI-based tools for document processing. It provides bot-building software for automating document workflows. It also offers a process automation platform and digital workers for BPO, Manufacturing, Insurance, and Retail industries. Processing models can be used for banking, healthcare, and IT documents.
- Website
- rocketai.net
- Email ID
- *****@rocketai.net
- Phone Number
- +91 **********
- Registered Address
- 270/1/11 PORTIA, Pune, PUNE, Maharashtra, India, 411045
Key Metrics
Founded Year
2020
Location
Pune, India
Stage
Seed
Total Funding
$1.2M in 1 round
Latest Funding Round
Investors
Ranked
27th among 127 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
1 as on Aug 31, 2026
Legal entities associated with Rocket AI
Rocket AI is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ROCKETAI SOLUTIONS PRIVATE LIMITED CIN: U72900PN2021PTC203285 , India, Active | Aug 06, 2021 | 0 - ₹10 Cr (As on Mar 31, 2025) | - |
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Rocket AI's funding and investors
Rocket AI has raised a total funding of $1.2M over 1 round. Its latest funding round was a Seed round on Feb 23, 2022 for $*****. 1 investor participated in its latest round. Rocket AI has 1 institutional investor.
Here is the list of recent funding rounds of Rocket AI:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 23, 2022 | 8205779 | Seed | 7407880 | 9490707 | 4325615 | 6311989 |
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Rocket AI's founders and board of directors
Founder? Claim ProfileThe founders of Rocket AI is Salil Mehendale.
Here are the details of Rocket AI's key team members:
- Salil Mehendale: Co-Founder of Rocket AI. They serve on the board of 1 company.Contact Info: 1 email address
Rocket AI's Board of Directors
Rocket AI's board has 2 active members. Salil Mehendale is part of team and Nishma Chandrakant Joshi is independent board member.Here is the list of Rocket AI's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 5y 3m | |
Independent board member | - | Current | 5y 3m |
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Rocket AI's employee count trend
Rocket AI has 1 employees as of Aug 26. Here is Rocket AI's employee count trend over the years:
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Rocket AI's Competitors and alternates
Top competitors of Rocket AI include Conga, airSlate and Indico Data. Here is the list of Top 10 competitors of Rocket AI, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Conga 2006, Broomfield (United States), Acquired | Provider of document automation, contract lifecycle management, and revenue solutions | $140M | 68/100 | |
2nd | airSlate 2006, Brookline (United States), Series C | Provider of document workflow automation and marketing intelligence platform solutions | $185M | 66/100 | |
3rd |  Indico Data 2014, Boston (United States), Series B | Developer of an agentic decisioning platform for insurance underwriting and claims | $72.7M | 61/100 | |
4th |  Open Bots AI 2020, Edison (United States), Seed | Open source RPA automation platform | $5M | - | 55/100 |
5th | AI-based document processing application provider | $10M | - | 54/100 | |
6th | Provider of AI-powered intelligent document processing solutions | $39.6M | 44/100 | ||
7th | ClearDox 2018, Stamford (United States), Unfunded | AI-based platform for document processing | - | - | 44/100 |
8th |  Hercules 2014, Campbell (United States), Series B | Provider of AI platform automating data extraction and workflow verification | $27.9M | 42/100 | |
9th | Cloud-based robotic process automation platform for document processing | $10M | 41/100 | ||
10th |  Cognitbotz 2018, Hyderabad (India), Unfunded | Provider of process automation, skill outsourcing, and corporate training services | - | - | 38/100 |
27th | Provider of AI-based tools for document processing | $1.2M | 28/100 |
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Rocket AI's Investments and acquisitions
Rocket AI has made no investments or acquisitions yet.
Reports related to Rocket AI
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