Why You Care
Ever wished you could build an app or website just by describing it? What if AI could handle the complex coding and even the competitive research for you? Rocket.new, an Indian startup, just secured $15 million from major investors like Accel and Salesforce Ventures, according to the announcement. This funding could change how you approach digital creation. It promises to simplify app creation and product strategy, making tools accessible to more people.
What Actually Happened
Rocket.new, one of India’s first “vibe-coding” startups, recently closed a $15 million seed funding round. Accel and Together Fund joined Salesforce Ventures in this all-equity investment, as detailed in the blog post. This significant funding comes only three months after the system launched its beta in June. The company, based in Surat, aims to scale rapidly. Its co-founder and CEO, Vishal Virani, revealed ambitious revenue targets. He expects to reach $20–$25 million by year-end and $60–$70 million by June next year.
Rocket.new represents a strategic pivot from the founders’ previous venture, DhiWise. That company focused on developer workflows. Now, Rocket.new is building a comprehensive agentic system. This system utilizes AI to not only build applications and websites but also to conduct competitive research and product creation. This approach could eliminate the traditional need for product managers, the team revealed.
Why This Matters to You
This creation could significantly impact how you create and manage digital products. Imagine a world where your ideas move from concept to functional app with speed. Rocket.new’s system aims to make this a reality for you. The company reports its current model, version 0.3, has already built half a million applications. It has attracted a diverse user base, including product managers, solopreneurs, and front-end developers.
For example, think of a small business owner. They might want a custom e-commerce site. Instead of hiring a developer or learning complex coding, they could use natural language prompts. The AI would then generate the site, conduct market analysis, and even suggest product features. This reduces both time and cost for you. How might this system empower your next big idea or side project?
Virani emphasized the system’s comprehensive nature. “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,” he asserted. This means the AI handles more than just coding. It also supports the ongoing growth and evolution of your product.
Rocket.new’s Early Traction
| Metric | Value |
| Users | Over 400,000 in 180 countries |
| Paid Subscribers | Over 10,000 |
| Annual Recurring Revenue | $4.5 million (current) |
| Apps Built (v0.3) | Half a million |
The Surprising Finding
Here’s an interesting twist: Rocket.new’s rapid success occurred in just 16 weeks. Since its beta launch in June, the startup has amassed over 400,000 users across 180 countries. What’s more, it secured over 10,000 paid subscribers, according to the company reports. This rapid user adoption and revenue generation in such a short period is quite unexpected for a new system. It challenges the common assumption that complex AI solutions require a longer incubation period before gaining significant market traction. The team revealed that its current annual recurring revenue stands at $4.5 million. This indicates a strong early product-market fit. It suggests that the demand for “vibe-coding” solutions is much higher than many might have anticipated.
What Happens Next
Rocket.new is targeting aggressive growth in the coming months. The company aims to increase its annual recurring revenue to $20–$25 million by the end of this year. What’s more, they project reaching $60–$70 million by June of next year, as mentioned in the release. This indicates a significant expansion phase. For example, imagine a large enterprise needing to prototype many internal tools quickly. Rocket.new’s system could become their go-to approach, drastically cutting creation cycles.
This rapid growth could position Rocket.new as a key player in the agentic AI space. Their focus extends beyond just code generation. It includes competitive research and product creation, as the technical report explains. This could redefine roles within product teams across the industry. For you, this means potentially new tools that streamline your workflow. It also suggests a shift in how product managers and developers collaborate. Keep an eye on their version updates. The company’s vision is to become a comprehensive agentic system, fundamentally changing how products are brought to life.