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UnifyApp's AI-powered app integration platform grabs $20M from ICONIQ Growth | TechCrunch

Nov 08, 2024 - techcrunch.com
UnifyApps, a startup that connects a company's SaaS apps and data, allowing them to build and deploy their own AI chatbots, aims to minimize AI hallucinations. The company, which competes with firms like Workato and Zapier, has already attracted over 20 customers, including a major bank and a large telecom provider. UnifyApps recently raised a $20 million Series A funding round from ICONIQ Growth, following an $11 million seed round less than six months ago.

The company was founded by Pavitar Singh, former CTO of Sprinklr, a customer experience management platform that went public in 2021. ICONIQ Growth, which had previously invested in Sprinklr, was impressed with Singh's work and decided to invest in UnifyApps. The startup currently has 150 employees across offices in Gurgaon, Dubai, and New York, and is focused on ensuring its product is flawless for adoption by large enterprises.

Key takeaways:

  • UnifyApps, a startup that connects a company's SaaS apps and data to each other and allows them to build and deploy their own AI chatbots, is aiming to minimize AI hallucinations, a major concern for companies interested in generative AI solutions.
  • Despite the crowded space with competitors like Workato and Zapier, UnifyApps has already attracted over 20 customers, including a major bank and a large telecom provider.
  • UnifyApps recently raised a $20 million Series A funding round from ICONIQ Growth, less than six months after closing an $11 million seed round.
  • The company, founded by former Sprinklr CTO Pavitar Singh, has 150 employees across offices in Gurgaon, Dubai and New York, aiming to ensure its product is flawless for large enterprises to adopt safely.
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