Rewst, a Tampa, FL-based provider of a purpose-built automation platform for Managed Service Providers (MSPs), raised $31M in Series B funding.
The round, which brought the total amount to $59M, was led by Meritech Capital, which joined existing investors OpenView, TDF Ventures, and Florida Funders.
The company intends to use the funds to accelerate its growth and the value delivered to MSPs through the expansion of its product, customer success, education, and Robotic Operations Center (ROC) teams.
Led by CEO Aharon Chernin, Rewst provides an automation platform for Managed Service Providers. With its team, the company is positioned to drive RPA and empower MSPs to improve operational efficiency, service delivery, and customer satisfaction. Users can then automate end-to-end processes by installing pre-built automations or visually designing their own workflows and forms. Common use cases include user onboarding/offboarding, billing reconciliation, adding/removing group membership, MFA alerting, just-in-time admin access, ticket categorization and prioritization, and more.
The company has more than 700 MSPs, with a base in North America and a growing foothold in the EU and APAC.
A massive round of applause to Rewst! 🎉👏 Congratulations on the incredible accomplishment of raising $31M in Series B funding! This substantial support adds value and potential of your endeavors. Wishing you continued success as you embark on the next phase of growth and innovation! 🚀💰 #Rewst #SeriesBSuccess
~ Dr Shishir said Gupta founder & CEO of StartupLanes
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