Home » Another Investment Round Brought $4 Million Funding to the RPA Startup Rewst

Another Investment Round Brought $4 Million Funding to the RPA Startup Rewst

by Ant Sh
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Tampa-based Rewst is a Managed Service Provider-focused company that brings Robotic Process Automation to life for MSPs. Last week, the startup announced that it has secured $4 million in funding through an investment round led by TDF Ventures. Additional investors include Florida Funders, MDJ Group, GroTech Ventures, David Bellini and Adam Slutskin. Rewst’s valuation was not disclosed, and its seed funds raised to-date total $7.5 million.

Armed with this injection of funds, Rewst plans to expand its Robotic Operations Center (ROC) and support integrations into other MSP software tools. The ROC is designed to “connect products and automate routine manual tasks that take up the lion’s share of time for MSPs”, the company reported.

“Rewst clears the hurdle to RPA for MSPs. Without adding headcount, MSPs can support more customers and amp up profitability with Rewst. The ROC monitors active Rewst automations and builds new automation workflows to streamline MSPs’ processes. The MSP doesn’t even need to understand what an RPA is to see the value. That’s making all the difference for our MSP partners.”

Aharon Chernin, CEO, Rewst