Rewst Receives $4M in Funding Led by TDF Ventures

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Rewst, the managed service provider-focused company that brings robotic process automation to life for MSPs, announced today that it has secured $4 million in funding through a directed investment round by TDF Ventures. The funds will fuel Rewst’s expansion of its robotic operations center (ROC) and support integrations into other MSP software tools. The round included investments from Florida Funders, MDJ, GroTech Ventures, Adam Slutskin (former CRO ConnectWise and CRO Liongard) and David Bellini (former President and COO, ConnectWise).

Drawing on deep experience serving the MSP community, Rewst Founder Aharon Chernin and Founding Investor Gary Pica responded to the burgeoning demand for automation in the MSP space. Rewst delivers this with an online Robotic Process Automation (RPA) platform, managed and supported by its Robotic Operations Center (ROC), to connect products and automate routine manual tasks that occupy the most of the time of MSPs.

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“Rewst removes the RPA hurdle for MSPs,” said Aharon Chernin, CEO of Rewst. “Without increasing headcount, MSPs can support more customers and increase profitability with Rewst. The ROC monitors active Rewst automations and creates new automation workflows to streamline MSP processes. The MSP doesn’t even need to understand what an RPA is to see the value. This makes all the difference for our MSP partners.

Taking a collaborative approach to the product roadmap by incorporating user feedback increases the speed and agility with which Rewst builds its RPA product. “Rewst is one of the most exciting companies I have encountered and it has been a game changer for my business to have them as a Sourcepass partner. Rewst has had a positive impact on my bottom line from day one,” said Ken Varrone, Chief Product Officer at Sourcepass, Inc., an MSP.

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“Aharon and his team have thrown a dart at the center of the global demand for MSP efficiency and repeatability,” said Gary Pica, CEO of TruMethods and influencer in the MSP space. “Rewst offers an entirely new perspective and approach to technical automation that changes the way MSPs think about operational maturity and increasing profitability.”

Sought after due to higher than expected customer growth and market demand, Rewst’s seed funds raised to date total $7.5 million. “Rewst has great potential, with rapid market adoption, clear product ROI and evangelical customers. We have been impressed with the enthusiasm the MSP community brings to collaboratively drive Rewst’s product roadmap,” said Will Rayner, Principal at TDF.

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