UnifyApps, a Unified Enterprise AI Agent platform, announced today the closing of a $20 million Series A funding round led by ICONIQ Growth. Existing investors, including Elevation Capital, participated in this latest round, which brings the company’s total funding to $31 million.
ICONIQ Growth General Partner Matt Jacobson has joined UnifyApps’ board of directors as part of the new funding.
With its Unified Enterprise AI Agent platform, UnifyApps aims to bring AI benefits to every department.
In the past year, UnifyApps has created a comprehensive foundation to connect and automate enterprises.
Built for scalability, UnifyApps integrates seamlessly with all SaaS applications within an enterprise. And by making it easy for enterprises to view and manage all their data in a single place, this platform enables teams to automate business workflows and create sophisticated enterprise-grade applications using their no-code approach.
UnifyApps is utilizing the power of its platform to introduce the Unified Enterprise AI Agent Platform. UnifyApps now enables teams to build bespoke AI agents trained on enterprise knowledge to benefit any department within an enterprise.
The platform’s comprehensive suite of tools includes observability, compliance, and fine-tuning capabilities to provide enterprise-ready AI Agents that prioritize accuracy, security, and auditability. And UnifyApps prioritizes flexibility, with the option to deploy on a private cloud and allowing customers to choose the LLM that best fits their specific needs.
In connection with the new funding, UnifyApps has welcomed Haitham ElKhatib as its new Chief Revenue Officer and co-founder. Before joining UnifyApps, ElKhatib served as the Senior Vice President of Sales for Growth Markets at Sprinklr. His track record in scaling enterprise software companies will be instrumental in accelerating UnifyApps’ market penetration and revenue growth.
UnifyApps gained significant traction with early customers, including one of the leading banks, a leading telecommunications provider, and a leading security company, among many others. The customer momentum emphasizes the pressing demand for solutions that simplify and accelerate AI adoption within an enterprise. Due to this success, the company has experienced rapid growth, expanding its team to over 150 employees.
KEY QUOTES:
“UnifyApps understands that you need a holistic approach to achieve trusted, effective AI agents. By aligning every data source and application to an enterprise use, they are enabling AI to actually understand and orchestrate work. We are proud to be working with UnifyApps co-founder and CEO Pavitar Singh again, as we believe he deeply understands what is required for the largest enterprises to address their data fragmentation problems to achieve amazing results.”
– ICONIQ Growth General Partner Matt Jacobson
“UnifyApps is deeply grateful for the opportunity to work with ICONIQ Growth, a team that is unrivaled in their ability to uplift the next big players in SaaS. Their deep network and partnership will be instrumental in our next stage of growth as we bring our AI agent platform to enterprises everywhere.”
– Pavitar Singh, CEO and co-founder of UnifyApps
