Unit logo
FintechVC-backedSeries C
San Francisco, USA · Founded 2019

Unit

Banking infrastructure for software companies

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About Unit

Unit enables software companies to embed banking features — accounts, cards, payments, and lending — in their product without becoming a bank. Their Banking-as-a-Service platform handles the regulatory complexity so tech companies can offer financial services as first-class features.

Pitch deck breakdown

How Unit would pitch themselves.

○ Auto-generated
01

Target customer

Software companies — the core audience Unit's product is built around.

02

Problem they solve

Unit enables software companies to embed banking features — accounts, cards, payments, and lending — in their product without becoming a bank. Their Banking-as-a-Service platform handles the regulatory complexity so tec… The category has historically been served by tools that miss the modern workflow this product is built around.

03

Key differentiator

Unit differentiates on banking infrastructure for software companies. Backed by Accel + Aleph, $100M raised — the company has resources + validation to compound this thesis. Founded by Itai Damti + team.

04

Go-to-market strategy

Growth-stage GTM — multi-channel revenue motion (direct enterprise sales, channel partnerships, marketplace listings). Vertical specialisation + verticalised AE teams targeting enterprise + mid-market.

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Unit website preview

Screenshot of Unit (unit.co) — Banking infrastructure for software companies

Company facts

Category
Fintech
Funding stage
Series C
Total raised
$100M
Founded
2019
Team size
51–200
HQ
San Francisco
Country
USA
Website
unit.co

Founders of Unit

  • Itai Damti
  • Doron Somech

Investors backing Unit

  • Accel
  • Aleph
  • Better Tomorrow

Frequently asked questions

What does Unit do?

Unit enables software companies to embed banking features — accounts, cards, payments, and lending — in their product without becoming a bank. Their Banking-as-a-Service platform handles the regulatory complexity so tech companies can offer financial services as first-class features.

Where is Unit based?

Unit is based in San Francisco, USA.

When was Unit founded?

Unit was founded in 2019.

How much has Unit raised?

Unit has raised $100M in their Series C round.

Who founded Unit?

Unit was founded by Itai Damti, Doron Somech.

Who has invested in Unit?

Unit is backed by Accel, Aleph, Better Tomorrow.

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