Funding Talks for Rocket
Vibe coding startup Rocket is currently engaged in discussions with the US-based Susquehanna International Group (SIG) to secure a new round of funding, as revealed by sources to Inc42.
These negotiations unfold less than a year after Rocket successfully raised $15 million in seed funding, a round spearheaded by Salesforce Ventures and Accel, with additional participation from Together Fund.
According to reports, Rocket has identified significant traction within the US market, which now constitutes 26% of its total revenue.
Current Developments
Sources indicate that “The startup has engaged in multiple discussions with SIG regarding its Series A funding round. The talks are progressing positively,” noted one insider.
This upcoming funding round is expected to attract contributions from Rocket’s existing investors, including Salesforce Ventures and Accel.
At the time of publication, Inc42 was unable to independently verify the total size of the funding round, and inquiries sent to Rocket went unanswered.
About Rocket
Founded in 2021 by Vishal Virani, Rahul Shingala, and Deepak Dhanak, Rocket offers an AI-driven platform that enables users to create applications, websites, dashboards, and internal tools swiftly through natural language instructions.
The Surat-based firm provides a complimentary starter plan comprising 1 million tokens, alongside a selection of paid subscription options priced at $25, $50, and $100 monthly. Higher-tier plans include enhanced token limits, private project capabilities, code downloads, and an option to forgo data training.
Earlier this year, Rocket ventured into the enterprise solutions sector. Its offering, Rocket 1.0, aids businesses in app development and competitive analysis post-launch, generating comprehensive documentation that encompasses strategy, market dynamics, and competition insights.
Market Performance
Rocket has reported its most substantial market engagement in the US, accounting for 26% of its revenue. The European market contributes between 15-20%, while India represents 10% of the overall revenue stream.
This fundraising initiative aligns with the increasing investor enthusiasm for AI-driven coding platforms, fueled by their swift proliferation.
Investor Trends
Earlier this year, former Dunzo co-founder Mukund Jha’s vibe coding startup Emergent secured $70 million and is now reportedly negotiating another funding round at a unicorn valuation.
Furthermore, worldwide interest in the AI coding domain has intensified, notably emphasized by Elon Musk’s xAI acquiring Cursor for $15 billion.
Beyond the niche of vibe coding, investor sentiment remains optimistic towards Indian AI startups in general. According to the ‘Annual Indian Startup Trends Report 2025’ published by Inc42, Indian AI startups amassed nearly $500 million across 63 deals in 2025.
Source link: Inc42.com.
