Rocket.new Raises $15M Seed to Scale AI Vibe-Coding Platform

Since its beta launch, usage has spanned a wide range of industries. About 12 percent of customers are building e-commerce apps, 10 percent focus on fintech, 5 to 6 percent on B2B tools, and 4 to 5 percent on mental health solutions. Roughly half of the projects target mobile apps, while the other half focus on websites. Importantly, the founders say 80 percent of users are creating what they call “serious applications,” signalling that the platform is attracting builders who see Rocket.new as more than a novelty tool.

The funding also underscores Rocket.new’s aggressive revenue ambitions. The company is targeting $20 to $25 million in annual recurring revenue by the end of this year, and $60 to $70 million by June 2026. Its revenue mix is already globally distributed: 26 percent comes from the United States, 15 to 20 percent from Europe, and about 10 percent from India. To strengthen its foothold in its largest market, Rocket.new plans to establish a U.S. headquarters in Palo Alto.

Beyond geography and revenue, the company’s long-term vision is ambitious. The founders want Rocket.new to evolve into a full-fledged “agentic system,” not just a code generator. In their vision, the platform will support the entire lifecycle of product development, from researching competitors and designing products to scaling, deploying, and maintaining them. This ambition positions Rocket.new less as a niche coding assistant and more as an end-to-end partner for entrepreneurs and developers.

The official announcement included a statement from co-founder Deepak Dhanak, who said, “The new funding will help fuel our vision to eliminate the technical barriers that prevent great ideas from becoming a reality.” His words reflect the broader mission of Rocket.new, to lower entry barriers for builders with ideas but limited technical expertise, while also serving experienced developers seeking efficiency.

In just a few months, Rocket.new has gone from launch to becoming one of India’s most talked-about AI startups, with paying customers across the world and a multimillion-dollar revenue base. Its $15 million seed round provides the resources to chase ambitious revenue targets, expand internationally, and pursue its vision of redefining what production-ready application development looks like. If the founders’ confidence and investors’ faith are justified, Rocket.new could soon stand as one of India’s leading contributions to the next era of AI-driven software development.

Despite its early momentum, Rocket.new faces stiff competition in a crowded market of AI coding tools. Rivals boast faster generation times, larger teams, and significant resources. Yet Rocket.new’s emphasis on completeness and usability could help it carve out a defensible niche. Success will depend on whether its slower but more comprehensive approach resonates with developers who prioritize sustainability and scalability over speed.