Rootly Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Rootly Inc. - overview

Established

2021

Location

San Francisco, CA, US

Primary Industry

Software

About

Rootly Inc. is a US-based company that specializes in incident management solutions, simplifying on-call and incident response workflows for organizations through an innovative platform that integrates seamlessly with popular communication tools. Rootly Inc. was founded in 2021 and is headquartered in San Francisco, US.


The company provides a unique platform for incident management, enhancing operational efficiency for its clients. JJ Tang and Quentin Rousseau are the founders, with JJ Tang currently serving as the CEO. In April 2023, Rootly raised USD 15. 23 mn in a Series A funding round led by Renegade Partners, with participation from Gradient Ventures and returning investor XYZ Ventures.


The total amount raised by the company stands at USD 15. 23 mn, and its current valuation is USD 51. 01 mn. Rootly offers a comprehensive incident management platform designed to streamline on-call and incident response processes for organizations.


Their core product consolidates alerts and paging, allowing users to manage on-call duties and responses from a centralized interface that integrates with popular communication tools like Slack. The platform automates incident response by creating dedicated channels in Slack, facilitating quick triage and collaboration among teams. Additionally, Rootly provides features such as AI-detected related incidents, automated timelines, and guided retrospectives to enhance incident resolution efficiency. Their services cater to a wide range of clients, from startups to large enterprises, primarily in North America and Europe, including sectors such as technology, finance, and e-commerce.


Rootly generates revenue through a subscription-based model, with clients engaging in annual contracts for access to its incident management solutions. These subscriptions offer varying levels of service, including features tailored to the specific needs of organizations as they scale. Pricing plans are structured to accommodate different sizes of businesses, allowing for flexibility in the selection of packages. This model enables Rootly to foster long-term partnerships with its clients, who utilize the platform for ongoing incident management requirements.


The company's emphasis on continuous feature development and customer support facilitates a steady revenue stream as users increasingly rely on Rootly for their incident response processes. In April 2023, Rootly Inc. raised USD 15. 23 mn in Series A funding, which will be directed towards enhancing its global technical footprint, increasing product development, and investing in marketing and distribution.


The company is focused on expanding into new markets, particularly targeting additional sectors within North America and Europe. Rootly plans to introduce new products designed to further streamline incident management processes, although specific release dates have not been disclosed.


Current Investors

Y Combinator, 8VC, XYZ Ventures

Primary Industry

Software

Sub Industries

Systems Management Software, Application Integration Software

Website

www.rootly.com

Verticals

Cloud Computing

Company Stage

Series A

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.