Last updated 2026-07-26
- Raised $100M Series C led by Insight Partners, Apr 2022
- Raised $51M Series B led by Accel, May 2021
- Raised $18.6M Series A led by Aleph, Nov 2020
Total raised
$169.6M
Last: Undisclosed Round 2022-05
Stage
Series C
Founded
2019
Headcount
269
HQ
Tel Aviv-Yafo, Israel
Sector
Fintech & Insurtech
About
Unit is an Israeli fintech startup that provides a banking-as-a-service (BaaS) platform. This platform allows companies to embed financial services like bank accounts, cards, payments, and lending products directly into their own applications and websites. Unit handles the complexities of compliance and banking relationships, enabling businesses to launch new financial products quickly. Unit's mission is to help companies launch new banking products that unlock value and expand financial access for all.
Funding history · 4 rounds · $169.6M total
2022-04
C Round
$100.0M
★ Insight PartnersAlephAccelTLV PartnersMoving CapitalStepStone GroupFlourish VenturesBetter Tomorrow Ventures
2021-05
B Round
$51.0M
★ AccelAlephTLV PartnersFlourish VenturesBetter Tomorrow Ventures
2020-11
A Round
$18.6M
★ Aleph★ TLV Partners★ Flourish Ventures★ Operator Partners★ Better Tomorrow Ventures
2019-11
Seed
Undisclosed
★ Adi Levanon
Headcount over time
From 1 (2019-11) to 146 (2026-07) · +145 (+14500%) · 53 points · source: Finder history + radar grounding
Q&A
- What is Unit Finance's primary business?
- Unit Finance is a banking-as-a-service (BaaS) platform that enables companies to embed financial services like bank accounts, cards, payments, and lending products directly into their own applications and websites.
- When was Unit Finance founded?
- Unit Finance was founded in April 2019.
- What is Unit Finance's current employee count?
- Unit Finance has 201-500 employees.
- What was Unit Finance's most recent funding round?
- In May 2022, Unit Finance completed a C Round, raising $100,000,000 with.
- What is the total amount of funding Unit Finance has raised to date?
- Unit Finance has raised a total of $170,000,000 across all funding rounds.
- Which investors participated in Unit Finance's Seed round?
- In November 2019, Unit Finance raised a Seed round with.
- What was a significant operational development for Unit Finance in June 2024?
- In June 2024, Unit Finance, a fintech unicorn, laid off 15% of its workforce.
- Who are the co-founders of Unit Finance?
- The co-founders of Unit Finance are Itai Damti, who serves as Co-founder and CEO, and Doron Somech, who is the Co-founder and CTO.
Team · 2
Itai Damti
Founder · Co-founder and CEO
Doron Somech
Founder · Co-founder and CTO
Sectors & technology
Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechFinancial Operations Software
Technologies
Data StorageCDNPlatforms & InterfacesAPI
Target customers
Enterprise & Professional ServicesService ProvidersEnterprisesSMBs & SMEsFinancial ServicesFinancial Products
Business model
B2B
Tags
unicorn-2022open-bankingfintech
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | unit.co/ |
|---|---|
| linkedin.com/company/20401117 |
Identifiers & details
| Legal name | Unit Finance Inc. |
|---|---|
| Founded | 2019-4 |
| Employees (exact) | 269 |
| Offices | San Francisco |
Radar intelligence
Open jobs — ashby
| Total open | 8 |
|---|---|
| Remote | 4 |
| Title | Location | Department |
|---|---|---|
| Principal Engineer | ||
| Go To Market (NY) | ||
| Support Operations Specialist | ||
| People & Talent Partner | ||
| GTM Lead (Bay Area) | ||
| General Manager, Embedded Banking | ||
| Senior Distributed Systems Engineer | ||
| Senior Backend Engineer |
GitHub
| Top repos | unit-node-sdk, unit-python-sdk, openapi-unit-sdk, unit-ruby-sdk, unit-openapi-java-sdk |
|---|
Web history (Wayback)
| Domain | unit.co |
|---|
Certificate / subdomain footprint
| Subdomains | 59 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 516205895 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2020-06-11 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2024 |
| Active charges / liens | 0 |
| Registry events | 5 — charge (2), people (3) |
| Registered address | דרך בגין 152 תל אביב - יפו |
Recent registry events
| Date | Event |
|---|---|
| 2025-07-28 | רישום שעבוד |
| 2026-06-22 | סילוק שעבוד |
| 2026-02-19 | עדכון בעלי תפקידים |
| 2025-11-17 | עדכון דירקטורים-הסרת דירקטור |
| 2025-11-17 | עדכון דירקטורים-הוספת דירקטור |