Unqork is a no-code application development platform that allows organizations to build and deploy complex software applications without the need for traditional coding or programming skills. It empowers organizations to create complex software applications without coding.

With visual interfaces and pre-built components, Unqork accelerates development, streamlines workflows, and ensures compliance across various industries, including finance and healthcare, making it a valuable tool for digital transformation.

What Do They Do?

1. No-Code Development: Unqork provides a visual, drag-and-drop interface that empowers users to design and build applications using pre-built components and templates. This means that individuals with limited technical backgrounds can create software solutions without writing code.
2. Accelerated Application Development: Unqork accelerates the development process by automating many aspects of application building, including data modeling, user interface design, and business logic. This significantly reduces the time and resources required to bring software applications to market.
3. Complex Application Capabilities: Unqork is not limited to simple applications. It can be used to create sophisticated and enterprise-grade software solutions, including financial systems, customer relationship management (CRM) tools, workflow automation platforms, and more.

Business Module And Revenue

1. Integration and Scalability: Unqork offers robust integration capabilities, allowing applications built on its platform to connect with various data sources, APIs, and third-party services. This ensures that the applications can work seamlessly within an organization’s existing technology ecosystem.
2. Subscription Model: Unqork typically operates on a subscription-based pricing model. They offer various subscription plans to their customers, which grant them access to the Unqork platform.
3. Platform Usage Fees: Unqork may charge customers based on the level of platform usage. This could include factors like the number of applications created, the volume of data processed, or the scale of the deployed applications.
4. Partnerships: Unqork collaborates with various technology and consulting partners to extend its reach and provide integrated solutions. Revenue may be generated through partnerships, joint ventures, or referral agreements with these entities.

Unqork’s primary aim is to democratize application development by enabling non-technical individuals to create software solutions efficiently. It is used by a wide range of industries, including financial services, insurance, healthcare, government, and more, to streamline their operations, improve customer experiences, and rapidly respond to changing business needs.

Brand Story of Unqork

Founding of Unqork

Unqork is a no-code application development platform that enables organizations to build complex software applications without writing code. It was founded by Gary Hoberman in 2017.

Gary Hoberman had a background in technology and finance before starting Unqork. He had previously worked at large financial institutions, including Citigroup, where he held various technology leadership positions. Hoberman identified the need for a more efficient way to develop software applications, especially in the highly regulated and complex financial industry.

Funding Rounds

Unqork has undergone several funding rounds to support its growth and development. Here are some of the key funding rounds as of September 2021:

1. Series A (April 2019): Unqork raised $22 million in a Series A funding round led by Goldman Sachs Principal Strategic Investments.
2. Series B (December 2019): In a Series B funding round, Unqork raised $51 million. This round was led by Goldman Sachs, with participation from other investors, including Aquiline Technology Growth, and Broadridge Financial Solutions.
3. Series C (June 2020): Unqork secured $131 million in a Series C funding round led by Alphabet’s investment arm, GV (formerly Google Ventures). This round brought Unqork’s valuation to over $1 billion, making it a unicorn company.

4. Series D (March 2021): Unqork announced a $207 million Series D funding round led by BlackRock and joined by other investors, including Eldridge, Fin Venture Capital, and Schonfeld Strategic Advisors.

These funding rounds have provided Unqork with substantial capital to expand its no-code platform, enhance its capabilities, and continue its mission of revolutionizing application development. 

In conclusion, Unqork is at the forefront of a technological revolution that is redefining how enterprises design, build, and manage complex applications. Its innovative no-code platform has not only democratized software development but has also ushered in a new era of agility and efficiency for businesses across industries.

As organizations continue to grapple with the challenges of digital transformation, Unqork’s commitment to simplifying the development process, reducing time-to-market, and enhancing the customer experience positions it as a key player in shaping the future of enterprise software. With its impressive track record and unwavering dedication to innovation, Unqork is poised to continue empowering businesses to adapt and thrive in an increasingly digital world.