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Unqork

Can a no-code/AI-first platform become the standard enterprise development layer for regulated industries — financial services, insurance, and government — eliminating the need for custom-coded legacy software?

Founded2017
HQNew York, New York, United States
FoundersGary Hoberman
Total raised$307M+
Latest roundSeries C, 2021
Valuation$2B (2021)
IndustryHorizontal SaaS / Low-code & No-code Enterprise Platform
The story

Founded in 2017 as the first fully visual no-code enterprise platform, Unqork initially targeted the hardest regulated verticals — financial services, insurance, and government — to prove that complex software could be built without code. The platform evolved from a drag-and-drop builder to a full marketplace of pre-built financial applications (loan origination, onboarding, underwriting) and third-party integrations (Codat, nCino, Salesforce). By 2024, Unqork pivoted its brand messaging to 'AI-first', repositioning its no-code approach as an AI-augmented development paradigm to compete with the generative AI coding wave.

Last 12 months
2024-04
Product timeline
2017
Founded by Gary Hoberman as a no-code enterprise application platform initially targeting highly regulated industries such as financial services and insurance.· pivot
2019
Landed early enterprise customers including Goldman Sachs, Liberty Mutual, and John Hancock; first government contract won.· banking
2020
Raised $80M Series B led by CapitalG; expanded use cases to include loan origination, underwriting, and onboarding workflows for banking clients.· lending
2021
Raised $207M Series C at $2B valuation led by BlackRock; valuation doubled, cementing position as enterprise no-code leader for financial services and government.· pivot
2022
Launched Unqork Marketplace with third-party apps including EY's Add Insurance Now supplemental accident insurance app and Codat accounting data integration template.· banking
2024
Rebranded positioning to 'AI-first enterprise application development platform', reflecting shift from pure no-code to AI-augmented development.· pivot
The stack
Accounting
QuickBooksXero
Accounting gap: minor