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

Unit Funding — Last Valued at $1.2B

Private

Unit has raised $169.6M across 4 funding rounds, plus 1 undated round. The company is valued at $1.2B (post-money).

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Unit funding · at a glance
Total raised, all rounds
$169.6M
some round sizes not disclosed
Funding rounds
4
plus 1 undated round
Latest round
Jun 2021
Jun 2021
Lead on that event
Accel
lead investor
2021
About Unit

Unit raised $100 million in a Series C round in May 2022 that valued the company at $1.2 billion, bringing its total funding to $170 million as it built out embedded-finance infrastructure for non-bank companies.

Funding timeline

The Unit funding timeline

4 funding rounds, the latest highlighted.

2019
Unit founded

Unit was founded in 2019, United States.

UNDATED
Series C

No date is disclosed for this round.

NOV 2019
Seed

A primary round — the company sells new shares to investors it selects. $3.6M raised, led by Better Tomorrow Ventures.

Valuation basisAmount$3.6MPrice / shareLeadBetter Tomorrow Ventures
SEP 2020
Seed

A primary round — the company sells new shares to investors it selects. Led by Aleph.

Valuation basisAmountPrice / shareLeadAleph
DEC 2020
Series A

A primary round — the company sells new shares to investors it selects. $15M raised, led by Aleph.

Valuation basisAmount$15MPrice / shareLeadAleph
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Unit funding rounds in full

4 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Series B LATEST
Jun 2021
$51M
—
—
Accel
—
Series A
Dec 2020
$15M
—
—
Aleph
—
Seed
Sep 2020
—
—
—
Aleph
—
Seed
Nov 2019
$3.6M
—
—
Better Tomorrow Ventures
—
Series C
—
$100M
$1.2Bpost-money
—
Insight Partners
—
Unit · investors

Investors

Insight PartnersLEADAccelLEADAAlephLEADBBetter Tomorrow VenturesLEADEexisting institutions

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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