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UnifyApps Raises $20M Series A to Deliver AI Agents Across the Enterprise

UnifyApps Raises $20M Series A to Deliver AI Agents Across the Enterprise

November 14, 2024 Craig Etkin

Amidst strong growth, company welcomes new Chief Revenue Officer Haitham ElKhatib

November 08, 2024 12:00 PM Eastern Standard Time

NEW YORK–(BUSINESS WIRE)–UnifyApps, the Unified Enterprise AI Agent platform, today announced the closing of a $20 million Series A funding round led by ICONIQ Growth, with participation from existing investors including Elevation Capital. ICONIQ Growth General Partner Matt Jacobson has joined UnifyApps’ board of directors as part of the new funding. This latest round brings the company’s total funding to $31 million as it aims to bring the benefits of AI to every department with their Unified Enterprise AI Agent platform.

“UnifyApps understands that you need a holistic approach to achieve trusted, effective AI agents”Post this

Over the past year, UnifyApps has built a comprehensive foundation to connect and automate enterprises. As the enterprise landscape has rapidly evolved in recent years due to the proliferation of SaaS technology, today’s modern enterprises are forced to grapple with hundreds of disparate data and software applications. The impact can be costly – resulting in efficiency losses, data silos, untapped cost optimizations and fragmented workflows. Designed for scalability and complexity, UnifyApps deeply integrates with all the SaaS applications seamlessly within an enterprise. By making it easy for enterprises to view and manage all their data in a single place, the platform empowers teams to automate business workflows and create sophisticated enterprise-grade applications using their no-code approach.

Now, UnifyApps is harnessing the power of its platform to introduce Unified Enterprise AI Agent Platform. UnifyApps now enables teams to build bespoke AI agents trained on enterprise knowledge to benefit any department within an enterprise – from IT to HR to Sales. The platform’s comprehensive suite of tools includes observability, compliance, and fine-tuning capabilities to provide enterprise-ready AI Agents that prioritize accuracy, security, and auditability. UnifyApps prioritizes flexibility, with the option to deploy on a private cloud and allowing customers to choose the LLM that best fits their specific needs.

“UnifyApps understands that you need a holistic approach to achieve trusted, effective AI agents,” said ICONIQ Growth General Partner Matt Jacobson. “By aligning every data source and application to an enterprise use, they are enabling AI to actually understand and orchestrate work. We are proud to be working with UnifyApps co-founder and CEO Pavitar Singh again, as we believe he deeply understands what is required for the largest enterprises to address their data fragmentation problems to achieve amazing results.”

In conjunction with the new funding, UnifyApps has welcomed Haitham ElKhatib as the company’s new Chief Revenue Officer and co-founder. Prior to joining UnifyApps, ElKhatib served as the Senior Vice President of Sales for Growth Markets at Sprinklr. His proven track record in scaling enterprise software companies will be instrumental in accelerating UnifyApps’ market penetration and revenue growth.

“UnifyApps is deeply grateful for the opportunity to work with ICONIQ Growth, a team that is unrivaled in their ability to uplift the next big players in SaaS,” said Pavitar Singh, CEO and co-founder of UnifyApps. “Their deep network and partnership will be instrumental in our next stage of growth as we bring our AI agent platform to enterprises everywhere.”

UnifyApps has gained significant traction with early customers, including one of the leading banks, a leading telecommunications provider, and a leading security company, amongst many others. The customer momentum underscores the pressing demand for solutions that simplify and accelerate AI adoption within an enterprise. As a result of this success, the company has experienced rapid growth, expanding its team to over 150 employees and establishing new offices in Gurgaon, Dubai and New York.

About UnifyApps

UnifyApps is a cutting-edge Unified Enterprise AI Agent Platform, revolutionizing how enterprises connect disparate applications and enable AI agents across departments. Founded in 2023 by Pavitar Singh along with a team of visionary co-founders – Abhishek Khurana, Rachit Mittal, Sumeet Nandal, Haitham Elkhatib, Abhinav Singi, Rahul Anishetty, Kavish Manubolu, Shivam Satrawal, and Rohan Vijay – UnifyApps operates globally with headquarters in India, Dubai, and the United States. The platform empowers enterprises to reduce fragmented systems and bridge data silos by enabling teams to develop data pipelines, automate workflows, build enterprise-grade applications, and deploy AI Agents. Designed for enterprise scalability, complexity and security, UnifyApps is at the forefront to accelerate benefits of AI to every department in an enterprise.

About ICONIQ Growth

ICONIQ Growth partners with visionaries defining the future of their industries to transform the world. Our investment platform and unique ecosystem helps amplify our portfolio companies’ success from early growth stage to IPO and beyond. Our portfolio includes Adyen, Airbnb, Alibaba, Alteryx, Automattic, BambooHR, Braze, Chime, Collibra, Coupa, Datadog, Docusign, Gitlab, Marqeta, Miro, Procore, Red Ventures, Relativity, ServiceTitan, Snowflake, Sprinklr, Truckstop, Uber, Wolt, and Zoom, among others. For more information, please visit ICONIQGrowth.com.

Contacts

UnifyApps
hello@unifyapps.com

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Joby Aviation, a company developing electric air taxis for commercial passenger service, announced the successful closing of the first $250 million tranche of a previously announced strategic investment from Toyota Motor Corporation. The funding marks a significant milestone in strengthening the long-term collaboration between the two companies and supports their shared vision for the future of air mobility. The investment is aimed at supporting certification and commercial production of Joby’s electric air taxi. This underscores the mutual commitment to deepening integration and delivering next generation travel to global markets. This investment also puts the two companies a step closer toward a strategic manufacturing alliance.

In a statement JoeBen Bevirt, founder and CEO of Joby said, “We’re already seeing the benefit of working with Toyota in streamlining manufacturing processes and optimizing design.” “This is an important next step in our alliance with Toyota to scale the promise of electric flight. With this capital and Toyota’s legendary production expertise, we’re enhancing our ability to scale cutting-edge design and manufacturing to meet the demands of our partners and customers.”

Joby Aviation is a California-based transportation company developing an all-electric, vertical take-off and landing air taxi which it intends to operate as part of a fast, quiet, and convenient service in cities around the world. Powered by six electric motors, their aircraft takes off and lands vertically, giving it the flexibility to serve almost any community. Flying with Joby might feel more like getting into an SUV than boarding a plane. The company's aerial ridesharing service will combine the ease of conventional ridesharing with the power of flight. A green alternative to driving that's bookable at the touch of an app. With more than 30,000 miles flown on full-scale prototype aircraft, their aircraft is designed to meet the uncompromising safety standards set by the FAA and other global aviation regulators. Joby Aviation is now engaged in a multi-year testing program with the FAA to certify their vehicle for commercial operations, and have completed the first three of five stages.
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Infinite Reality, an innovation company powering the next generation of immersive media, AI, and ecommerce, today announced a landmark real estate partnership with renowned real estate investment, development and management firm Sterling Bay to co-develop a 60-acre site in Fort Lauderdale into a next-generation technology and entertainment campus. This ambitious redevelopment—expected to open in 2026—will serve as Infinite Reality’s new global headquarters and is the cornerstone of iR’s long-term real estate strategy, which begins with this flagship project in South Florida. The public-private project marks one of the largest creative economy investments in the area to date, aiming to generate more than 1,000 new jobs with an average salary of six figures and deliver long-term economic growth to the region. Located at 1400 NW 31st Avenue on the site of a remediated former Superfund property, the development features over 100,000 square feet of Class A office space for media, tech, and enterprise clients. Construction is expected to begin in early 2026, pending completion of permitting and design phases.

In a statement John Acunto, co-founder and CEO of Infinite Reality said, “This isn’t just a headquarters—it’s the heart of Infinite Reality’s future. As a proud South Florida resident, this project is deeply personal to me.” “It’s about transforming a community I love into a global hub for immersive technology and creativity. We’re building opportunity, fueling innovation, and laying the foundation for a lasting legacy. Partnering with a world-class development firm like Sterling Bay ensures that this vision is realized at the highest level—and that Fort Lauderdale becomes a defining force in the future of the digital economy.”

In addition to serving as a corporate campus, the site will include flexible spaces for retail, production, digital broadcasting, and entertainment ventures. The development also includes educational initiatives in partnership with local institutions to train and hire future talent in STEM, immersive tech, and creative production. Infinite Reality is an innovation company powering the next generation of digital media and ecommerce through spatial computing, artificial intelligence, and other immersive technologies. Infinite Reality’s suite of cutting-edge software, production, marketing services, and other capabilities empower brands and creators to craft inventive digital experiences that uplevel audience engagement, data ownership, monetization, and brand health metrics.
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Kimberly-Clark Corporation, one of the world's leading manufacturers of personal care and hygiene products, will establish an $800 million advanced manufacturing facility in Trumbull County, bringing an anticipated 491 new high-quality jobs. For Kimberly-Clark, this new facility would be its first in Ohio and represents not just a strategic expansion, but a decisive step in doubling down on growth in the American market. Spread across more than one million square feet, the Warren facility will provide the manufacturing capacity needed to unleash future growth for Kimberly-Clark’s fastest-growing personal care categories that include Baby & Child Care and Adult & Feminine Care. Warren is in geographic proximity to roughly 117 million consumers and will serve as a strategic hub for the Northeast and Midwest regions. Construction is expected to begin this month and will take up to two years.

In a statement Tamera Fenske, chief supply chain officer at Kimberly-Clark said, “Our investment in Warren is a pivotal step forward in our North America business and strategy.” “By establishing a new, state-of-the-art manufacturing facility in Ohio, we’re enhancing our ability to serve millions of consumers across the Midwest and Northeast with greater speed, agility, and resilience. It’s a once-in-a-career opportunity to build a facility from the ground up that reflects the future of manufacturing, and with the support of local partners like JobsOhio, the Department of Development, Lake to River, Western Reserve Port Authority, and local governments, we have the unique opportunity to create high-quality jobs and long-term economic impact in the region.”

Based in Dallas and employing 46,000 people in 34 countries, the company’s portfolio of brands also includes Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll. Its products are sold in more than 175 countries and territories.
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