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.
- Location
- San Francisco, USA
- Raised
- $100M
- Stage
- Series C
- Founded
- 2019
- Category
- Fintech
- Funding
- VC-backed
- Team
- 51–200
Funding figures as of Jul 2025 · not independently verified
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 as of Jul 2025.
Who founded Unit?
Unit was founded by Itai Damti, Doron Somech.
Who has invested in Unit?
Unit is backed by Accel, Aleph, Better Tomorrow.
How Unit would pitch themselves
○ Auto-generated01Target customer
Software companies — the core audience Unit's product is built around.
02Problem 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.
03Key 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.
04Go-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.