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UNIT
Unit
Fintech · New York, New York · United States · Founded · 2019 · ≈ · 174 · employees

Unit: Company Profile & Valuation

Private

Unit, headquartered in US, remains privately held in the fintech space. Investors last valued the company at $1.2B. The stock is not listed on any public market.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Unit at a glance
Last valuation
$1.2B
POST-MONEY
Raised across rounds
$169.6M
5 rounds
IPO status
Private
no listing announced
Nearest Canborsa market
HOOD—
HOOD-PERP · live
Valuation history

Unit valuation history

One company valuation: $1.2B (post-money).

Undated: Series C at $1.2B (post-money).
Funding history

Unit funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Seed
Nov 2019
$3.6M
—
Better Tomorrow Ventures
—
Seed
Sep 2020
—
—
Aleph
—
Series A
Dec 2020
$15M
—
Aleph
—
Series B
Jun 2021
$51M
—
Accel
—
Series C
—
$100M
$1.2B
Insight Partners
—
Unit · investors

Investors

Insight PartnersLEADAccelLEADAAlephLEADBBetter Tomorrow VenturesLEADEexisting institutions
Will Unit IPO?
Founded
2019
Nov 2019
Seed
Jun 2021
Series B
IPO
Not announced
No filing has been made.
Unit — the private market
Last valuation$1.2B · post-money
Total raised$169.6M
Lead investors
Insight PartnersAccelAlephBetter Tomorrow Ventures
IPO statusNot announced
Founded · HQ2019 · New York, New York · United States
Employees≈ 174
Next price updatethe next funding round or secondary sale
Between roundsno daily price and no order book
About Unit

Unit builds the banking infrastructure that other companies plug into. Its APIs, SDKs, and white-labeled interfaces let partners store, move, spend, and lend money without becoming a bank themselves, covering deposit accounts, debit cards, and credit lines.

Founded in April 2019 and based in New York, Unit works with fintech brands such as Highbeam and RentSpree, embedding banking and bill-pay features into their own products. Unit has doubled its annual transaction volume to $100 billion.

The money screen · ranked by accessibility

How to get Unit exposure today

1Funds that hold private namesPublic wrappers

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Unit.

Often trade at a premium or discount to NAV.

Any brokerage account
2Secondary marketplacesPrivate shares

Platforms match existing holders with buyers. Unit availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — Unit included.

No account needed

Unit stock — frequently asked questions

Who has invested in Unit?›

Lead investors for each round are in the funding timeline.

Who are Unit's competitors?›

The closest fintech peers are on the competitors page.

How can I get exposure to Unit?›

The routes section explains what is realistically available for a company at this stage.

Is Unit publicly traded?›

No. Unit is a private company; its shares do not trade on a public exchange.

What is Unit's valuation?›

The last valuation is $1.2B.

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