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2024 Revenue

$31.5M

Customers

12M

Funding

$26.9M

YOY

169.7%

Avg ACV

$3

Team

176

Founded

2015

How RocketChat CEO Gabriel Engel grew RocketChat to $31.5M revenue and 12M customers in 2024.

Rocket.Chat Technologies Corp is a company that provides a free and open-source team communication platform for businesses and organizations. The company was founded in 2015 and is headquartered in Porto Alegre, Brazil, with offices in the USA and Europe. The Rocket.chat platform offers a range of features, including real-time chat, audio and video conferencing, file sharing, and screen sharing, which enables teams to collaborate and communicate more effectively. The platform is highly customizable and can be integrated with other tools and services, such as project management and customer relationship management (CRM) systems. The company's mission is to provide a secure, scalable, and open communication platform that can be adapted to the unique needs of each organization, helping them to enhance productivity and teamwork.

Last updated

RocketChat Revenue

In 2024, RocketChat's revenue reached $31.5M. The company previously reported $23.9M in 2024. Since its launch in 2015, RocketChat has shown consistent revenue growth.

RocketChat Revenue GrowthReported revenue / ARR by year$0$8M$15M$23M$30M$38M201520172019202120232024$0$8M$12M$32MSource: GetLatka.com
YearMilestoneQuote
2024RocketChat Hit $31.5m revenue in November 2024
2024RocketChat Hit $23.9m revenue in October 2024
2023RocketChat Hit $11.7m revenue in December 2023
2021RocketChat Hit $7.8m revenue in February 2021
2015Launched with $0 revenue

RocketChat Valuation, Funding Rounds

RocketChat has not publicly disclosed its valuation. The company has raised $26.9M in total funding to date.

RocketChat has raised $26.9M in total funding across 3 rounds, with its most recent round in 2021.

RocketChat Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$6M$12M$18M$24M$30M20152016201720182019202020212015 cumulative: $0 • 2015 Founded: $02016 cumulative: $5M • 2015 Founded: $0 • 2016 Funding round: $5M2019 cumulative: $8M • 2015 Founded: $0 • 2016 Funding round: $5M • 2019 Funding round: $3M2021 cumulative: $27M • 2015 Founded: $0 • 2016 Funding round: $5M • 2019 Funding round: $3M • 2021 Funding round: $19M$27M2015 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2021Funding round$19M--
2019Funding round$2.9M--
2016Funding round$5M--

Founder / CEO

Gabriel Engel

Gabriel Engel is the CEO and co-founder of Rocket.Chat, the leading open-source team communication platform that allows users to chat securely on the web, desktop, or mobile and offers the choice of both Self-Managed and SaaS options.

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Customers

RocketChat serves 12M customers.

RocketChat Employees & Team Size

RocketChat employs approximately 176 people as of 2026, down from 193 in 2023, including 17 sales reps that carry a quota. It serves 12M customers that rely on its solutions.

RocketChat Team GrowthReported headcount over time05010015020025020152017201920212023202400176176Source: GetLatka.com
YearMilestone
2024Reached 176 employees (December 2024)
2024Reached 193 employees (October 2024)
2023Reached 193 employees (December 2023)
2023Reached 169 employees (September 2023)
2023Reached 176 employees (July 2023)
2023Reached 193 employees (January 2023)
2022Reached 186 employees (December 2022)
2022Reached 184 employees (January 2022)
2021Reached 155 employees (December 2021)
2021Reached 141 employees (August 2021)
2021Reached 87 employees (February 2021)
2019Reached 35 employees (August 2019)

Frequently Asked Questions about RocketChat

What is RocketChat's revenue?

RocketChat generates $31.5M in revenue.

Who is the CEO of RocketChat?

The CEO of RocketChat is Gabriel Engel.

How much funding does RocketChat have?

RocketChat raised $26.9M.

How many employees does RocketChat have?

RocketChat has 176 employees.

Where is RocketChat headquarters?

RocketChat is headquartered in Wilmington, Delaware, United States.

Compare RocketChat to the industry

RocketChat operates across multiple industries. Browse revenue, funding, and growth data for RocketChat in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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RocketChat Revenue 2024: $31.5M ARR, $26.9M Raised