In a significant move, software integration startup UnifyApps has secured $20 million in a Series A funding round led by ICONIQ Growth, with participation from existing investors including Elevation Capital. The fresh capital will enable the company to expand its AI-powered enterprise integration platform, empowering businesses to streamline their operations and unlock the full potential of their software-as-a-service (SaaS) applications.
UnifyApps, founded by a team of industry veterans including Pavitar Singh, Sumeet Nandal, and Haitham ElKhatib, has developed a unified integration platform that helps enterprises automate workflows and seamlessly connect various applications. By leveraging advanced generative AI, the platform can create specialized agents powered by large language models (LLMs) to optimize integrations and enhance enterprise operations.
“The emergence of enterprise-grade generative AI capabilities is making proprietary data more valuable and highlighting this problem more loudly than ever. We believe Pavitar Singh and UnifyApps are building the central nervous system to deploy generative AI in the enterprise,” said ICONIQ Growth in a blog post.
With the new funding, UnifyApps plans to further expand its platform to support over 5,000 applications, while also enhancing the capabilities of its generative AI-driven agents. The company aims to empower enterprises to streamline their workflows, automate complex processes, and ensure real-time data synchronization across their SaaS ecosystem.
The investment comes at a time when enterprise tech startups are garnering significant attention from investors. India’s robust enterprise tech ecosystem has produced 22 unicorns, including industry leaders like Postman, Freshworks, and BrowserStack.
UnifyApps competes with established players in the SaaS integration space, such as Zoho, Freshworks, Chargebee, and Keka, each offering similar solutions. The startup’s focus on AI-powered integration and workflow automation sets it apart as it seeks to address the growing need for enterprise-grade digital transformation.
With the backing of ICONIQ Growth and its existing investors, UnifyApps is poised to accelerate its growth and solidify its position as a leading provider of AI-driven enterprise integration solutions.
