Unit
Embed banking, cards, and lending into any app. Used by Honeydue, Joist, and AngelList Stack to launch fintech features.
- Location
- New York, United States
- Raised
- $170M+
- Stage
- Series C
- Founded
- 2019
- Category
- Fintech
- Funding
- VC-backed
- Team
- 201-500
Funding figures as of Jul 2025 · not independently verified
Founders of Unit
- Itai Damti
- Doron Somech
Investors backing Unit
- Insight Partners
- Accel
Frequently asked questions
What does Unit do?
Embed banking, cards, and lending into any app. Used by Honeydue, Joist, and AngelList Stack to launch fintech features.
Where is Unit based?
Unit is based in New York, United States.
When was Unit founded?
Unit was founded in 2019.
How much has Unit raised?
Unit has raised $170M+ 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 Insight Partners, Accel.
How Unit would pitch themselves
○ Auto-generated01Target customer
Consumers + businesses needing modern financial services + infrastructure — typically under-served by legacy banks + processors.
02Problem they solve
Embed banking, cards, and lending into any app. Used by Honeydue, Joist, and AngelList Stack to launch fintech features. The category has historically been served by tools that miss the modern workflow this product is built around.
03Key differentiator
Unit differentiates on the complete banking-as-a-service platform. Backed by Insight Partners + Accel, $170M+ 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.