What is Unqork?
Founded in 2017 and headquartered in New York City, Unqork provides a powerful no-code application development platform. This innovative solution empowers financial services and insurance organizations to build complex enterprise-grade applications without writing a single line of code. By abstracting away the complexities of traditional software development, Unqork enables faster deployment, reduced costs, and increased agility for its clients, positioning it as a key player in the digital transformation of these highly regulated industries.
How much funding has Unqork raised?
Unqork has raised a total of $280M across 3 funding rounds:
Series A
$22M
Series B
$51M
Series C
$207M
Series A (2019): $22M with participation from Goldman Sachs
Series B (2020): $51M led by World Innovation Lab, Aquiline Technology Growth, and Goldman Sachs
Series C (2020): $207M supported by Sunley House Capital Management , LLC, BlackRock, Fin Venture Capital, Hewlett Packard Enterprise Company, Schonfeld Strategic Advisors LLC, and Eldridge Company LLC
Key Investors in Unqork
BlackRock
BlackRock is a global investment management firm headquartered in New York City with operations across North America, Europe, Asia, and other regions. Founded in 1988, the company offers a comprehensive range of investment products and services including mutual funds, exchange-traded funds (ETFs), and alternative investments. BlackRock provides investment management, risk management, and advisory services to institutional clients such as pension funds, governments, and corporations, as well as to individual investors. The company manages investments across various asset classes including equities, fixed income, real estate, and commodities using both fundamental and quantitative analysis approaches. BlackRock has established itself as one of the world's largest asset managers with a global presence spanning multiple continents and a diverse portfolio of investment strategies.
Aquiline Technology Growth
Aquiline Capital Partners, founded in 2005, is a private investment firm based in New York and London investing in businesses across the financial services sector in financial technology, insurance, investment management, business services, credit, and healthcare.
Goldman Sachs
Goldman Sachs is a leading global investment banking, securities, and investment management firm. It provides a wide range of financial services to corporations, governments, and institutional and individual clients, including mergers and acquisitions advisory, underwriting, asset management, securities trading, and wealth management. Known for its influential role in global capital markets, Goldman Sachs also engages in risk management, financing, and strategic advisory services worldwide.
What's next for Unqork?
With its recent major strategic investment, Unqork is poised for accelerated growth and further platform innovation. The substantial capital infusion is expected to fuel expansion into new markets, enhance its no-code capabilities, and strengthen its competitive position against both traditional software vendors and emerging low-code/no-code alternatives. This strategic backing signals strong investor confidence in Unqork's vision and its ability to disrupt enterprise software development, particularly within the demanding financial and insurance sectors.
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