Unit (New York) Overview
- Year Founded
-
2019
- Status
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Private
- Employees
-
200
- Latest Deal Type
-
Later Stage VC
- Investors
-
22
Unit (New York) General Information
Description
Developer of a financial infrastructure platform designed to help companies launch vertical banks. The company's platform allows financial features into products such as accounts, cards, payments, and lending while taking care of compliance and maintaining banking relationships, enabling businesses to launch banking experiences in less time and create a differentiated product that increases lifetime customer value.
Contact Information
Website
www.unit.coCorporate Office
- 215 Park Avenue South
- Floor 11
- New York, NY 10003
- United States
Corporate Office
- 215 Park Avenue South
- Floor 11
- New York, NY 10003
- United States
Unit (New York) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Later Stage VC | Completed | Generating Revenue | ||||
| 4. Secondary Transaction - Private | 01-Jan-2023 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series C) | 17-May-2022 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series B) | 01-Jul-2021 | $51M | $69.6M | Completed | Generating Revenue | |
| 1. Early Stage VC (Series A) | 08-Dec-2020 | $18.6M | $18.6M | Completed | Generating Revenue |
Unit (New York) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | ||||||||
| Series B | ||||||||
| Series A | 5,603,272 | $0.000100 | $2.68 | $2.68 | 1x | $2.68 | 17.14% | |
| Seed | 4,754,087 | $0.000100 | $0.76 | $0.76 | 1x | $0.76 | 14.55% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Unit (New York) Comparisons
Industry
Financing
Details
Unit (New York) Competitors (6)
One of Unit (New York)’s 6 competitors is Stripe, a Venture Capital-Backed company based in South San Francisco, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Stripe | Venture Capital-Backed | South San Francisco, CA | ||||
| Plaid | Venture Capital-Backed | San Francisco, CA | ||||
| Railsr | Private Equity-Backed | London, United Kingdom | ||||
| BOND.AI | Venture Capital-Backed | Little Rock, AR | ||||
| Treasury Prime | Venture Capital-Backed | San Francisco, CA |
Unit (New York) Signals
Unit (New York) Investors (22)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Insight Partners (New York) | PE/Buyout | Minority | ||
| Karman Ventures | Venture Capital | Minority | ||
| Kearny Jackson | Venture Capital | Minority | ||
| Not Boring | Venture Capital | Minority | ||
| Pathlight Ventures | Venture Capital | Minority |
Unit (New York) Investments (1)
Unit (New York)’s most recent deal was a Early Stage VC with Reach (New York). The deal was made on 01-Sep-2026.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Reach (New York) | 01-Sep-2026 | Early Stage VC | Business/Productivity Software |
Unit (New York) FAQs
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When was Unit (New York) founded?
Unit (New York) was founded in 2019.
-
Where is Unit (New York) headquartered?
Unit (New York) is headquartered in New York, NY.
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What is the size of Unit (New York)?
Unit (New York) has 200 total employees.
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What industry is Unit (New York) in?
Unit (New York)’s primary industry is Other Financial Services.
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Is Unit (New York) a private or public company?
Unit (New York) is a Private company.
-
What is Unit (New York)’s current revenue?
The current revenue for Unit (New York) is .
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How much funding has Unit (New York) raised over time?
Unit (New York) has raised $169M.
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Who are Unit (New York)’s investors?
Insight Partners (New York), Karman Ventures, Kearny Jackson, Not Boring, and Pathlight Ventures are 5 of 22 investors who have invested in Unit (New York).
-
Who are Unit (New York)’s competitors?
Stripe, Plaid, Railsr, BOND.AI, and Treasury Prime are some of the 6 competitors of Unit (New York).
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