Unqork, a NYC-based enterprise no-code platform, secured $207m in Series C funding, raising the company’s valuation to $2 billion.
The round was led by funds and accounts managed by BlackRock, and joined by Eldridge, Fin Venture Capital, Hewlett Packard Enterprise, Schonfeld Strategic Advisors and Sunley House Capital Management, a subsidiary of Advent International. Existing investors including CapitalG, Alphabet’s independent growth fund, Goldman Sachs, Broadridge Financial Solutions, Aquiline Technology Growth and World Innovation Lab (WiL) are also participating.
The company will use the new funding to further execute on a number of ongoing initiatives, such as: growing its global salesforce, investing further in technology, expanding training and go-to-market partnerships with the world’s leading services firms and systems integrators and including Capco, Cognizant, Deloitte, EY, KPMG and Virtusa.
Led by Gary Hoberman, founder and CEO, Unqork provides a visual, no-code application platform for large enterprises to build, deploy, and manage complex applications without coding.
Unqork has been adopted by leading organizations in financial services, insurance, government, health care and other industries. Customers include Aon plc, The District of Columbia, Goldman Sachs, Liberty Mutual, Montgomery County, New York City, Nippon Life, Pacific Life, Rethink Food, Vault and more.