The round was led by Renegade Partners with participation from Google Gradient Ventures (Google's AI-focused venture fund) and XYZ Ventures. This brings Rootly's total funding to date to $15.2M ($20M CAD). The company will use the funding to accelerate Rootly's product roadmap, increase its global engineering presence, and invest in sales and marketing to meet steep market demand for its solution.

Rootly offers the best enterprise-grade incident management platform, proven to help accelerate incident resolution times by 80 percent or more. Rootly's simple and configurable platform can be set up in 10 minutes, and with 50+ integrations automates manual admin work such as paging responders, incident creation, tracking action items and metrics, stakeholder communication, and generating retrospectives. The AI-powered platform learns over time, helping companies understand the root cause of incidents so they can be prevented in the future.