# Rocket.Chat Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rocket-chat-technologies

- Industry: Software
- Headquarters: Wilmington, US
- Website: www.rocket.chat
- Total disclosed funding: $37M
- Latest round: Series A (Sep 21, 2023)
- Investors on record: 12

## About

Rocket.Chat Technologies Corp. is a U.S.-based company focused on providing a secure communication platform that enhances collaboration for governmental and defense entities, integrating messaging, voice, video, and applications to address high-security needs.Founded in 2015, Rocket.Chat Technologies Corp. specializes in secure communication solutions. The company was established by Gabriel Engel and Rodrigo Do Nascimento in Wilmington, US. After raising USD 10.000 mn in Series A funding on September 21, 2023, it has completed a total of 4 deals, with the latest funding round co-led by Alexia Ventures and Endeavor Catalyst, among others. Gabriel Engel serves as the CEO.Rocket.Chat is a comprehensive communication platform designed to enhance secure collaboration across mission-critical operations. The core product, Secure CommsOS™, integrates messaging, voice, video, and critical applications within a single platform, aimed at governmental and defense entities, as well as organizations that require high-security communication. The platform offers features such as fully encrypted conversations, robust information governance, and advanced access controls, addressing specific challenges like data leaks, operational failures, and compliance requirements. It is particularly suited for high-stakes environments, including the U.S. Department of Defense networks such as NIPRNet, SIPRNet, and JWICS. Rocket.Chat serves a diverse client base, including government agencies, emergency management units, and private sector organizations focused on national security, and has been implemented in various geographical markets, notably in North America and Europe.Rocket.Chat generates revenue primarily through subscription-based models for its Secure CommsOS™ platform, which offers various pricing tiers to accommodate different organizational needs. Transactions typically occur through direct sales to government and defense clients, where agencies subscribe to the platform to meet their secure communication requirements. Clients may also engage in partnerships that include tailored solutions, ensuring compliance with stringent security standards. The firm offers both self-hosted and air-gapped deployment options, catering to clients who demand rigorous control over their data and communication environments. While specific pricing plans are proprietary, they align with the advanced features and security capabilities of Rocket.Chat's flagship products, facilitating seamless and efficient operational workflows for users.In September 2023, Rocket.Chat raised USD 10.000 mn in Series A funding, which will be utilized to support research and development and enhance its growth strategy. The company aims to expand its product offerings, including upcoming enhancements to its Secure CommsOS™ platform, although specific release dates are not disclosed. Additionally, Rocket.Chat plans to target new markets in Asia and South America, aiming for expansion by 2024.

## Funding rounds

- Series A, Sep 21, 2023, $10M — New Enterprise Associates, Greycroft, DGF Investments, Monashees, Valor Capital Group, Endeavor Catalyst, Graphene Ventures, Alexia Ventures, Scale-Up Ventures
- Series A, Feb 3, 2021, $19M — New Enterprise Associates, Headline, Greycroft, DGF Investments, Monashees, Valor Capital Group, Graphene Ventures, ONEVC
- Seed, Aug 6, 2019, $2.9M — New Enterprise Associates, DGF Investments, Monashees, ONEVC
- Seed, Sep 26, 2016, $5M — New Enterprise Associates, Altivia Ventures

## Investors

- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Seed, Series A
- Altivia Ventures (https://capitalatlas.ai/funds/altivia-ventures) — Seed
- DGF Investments (https://capitalatlas.ai/funds/dgf-investments) — Seed, Series A
- Monashees (https://capitalatlas.ai/funds/monashees) — Seed, Series A
- ONEVC (https://capitalatlas.ai/funds/onevc) — Seed, Series A
- Headline (https://capitalatlas.ai/funds/headline) — Series A
- Greycroft (https://capitalatlas.ai/funds/greycroft) — Series A
- Valor Capital Group (https://capitalatlas.ai/funds/valor-capital-group) — Series A
- Graphene Ventures (https://capitalatlas.ai/funds/graphene-ventures) — Series A
- Endeavor Catalyst (https://capitalatlas.ai/funds/endeavor-catalyst) — Series A
- Alexia Ventures (https://capitalatlas.ai/funds/alexia-ventures) — Series A
- Scale-Up Ventures (https://capitalatlas.ai/funds/scale-up-ventures-2) — Series A