Rocket.new, one of India's first vibe-coding startups, snags $15M from Accel, Salesforce Ventures | TechCrunch
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Rocket.new, one of India's first vibe-coding startups, snags $15M from Accel, Salesforce Ventures | TechCrunch
"Rocket.new, an Indian startup building an AI-powered app development platform, has raised $15 million in a seed round led by Salesforce Ventures to take on viral vibe-coding rivals like Lovable, Cursor, and Bolt by letting users build full, production-ready apps from natural-language prompts rather than just quick prototypes. Accel and Together Fund joined Salesforce Ventures in the all-equity seed round, which comes only three months after Rocket.new launched its platform in beta in June."
"The 16-week-old startup aims to become a comprehensive agentic system, which will utilize AI not only to build apps and websites but also to conduct competitive research and product development, eliminating the need for product managers. "Our entire agentic system will help organizations build all kinds of functions around products - not just generating the source code - but even a facility to scale their product - all by giving natural-language prompts," Virani asserted. The current model, which Virani refers to as version 0.3, has already built half a million applications and attracted product managers, solopreneurs, and front-end developers."
Rocket.new raised $15 million in an all-equity seed round led by Salesforce Ventures, with participation from Accel and Together Fund. The platform enables users to build full, production-ready apps from natural-language prompts rather than just prototypes. Since launching beta in June, the company reached 400,000 users across 180 countries, including over 10,000 paid subscribers, and $4.5 million in annual recurring revenue. Founders Vishal Virani, Rahul Shingala and Deepak Dhanak operate from Surat. Rocket.new aims to scale ARR to $20–25 million by year-end and $60–70 million by June next year while expanding its agentic system capabilities.
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