The round also saw participation from existing investors including early-stage venture capital firm Elevation Capital.
The funds will be used for expanding its unified enterprise AI agent platform, enabling deeper integration across software-as-a-service (SaaS) applications.
“UnifyApps is deeply grateful for the opportunity to work with Iconiq Growth, a team that is unrivalled in its ability to uplift the next big players in SaaS. Their deep network and partnership will be instrumental in our next stage of growth as we bring our AI agent platform to enterprises everywhere,” said cofounder and chief executive Pavitar Singh.
Founded in 2023 by Singh, Abhishek Khurana, Rachit Mittal, Sumeet Nandal, Haitham Elkhatib, Abhinav Singi, Rahul Anishetty, Kavish Manubolu, Shivam Satrawal, and Rohan Vijay, the platform helps client businesses connect and streamline the different software tools they use. It allows companies to build their own apps at a much faster rate.
The startup has appointed Elkhatib as its new cofounder and chief revenue officer. Prior to joining UnifyApps, Elkhatib served as the senior vice president of sales for growth markets at New York-based enterprise software company Sprinklr.
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It last raised $11 million in a funding round led by Elevation Capital. The company has raised $31 million to date. Commenting on the investment, Matt Jacobson, general partner, Iconiq Growth, said, “By aligning every data source and application to an enterprise use, they are enabling AI to understand and orchestrate work.”
Jacobson will be joining the startup’s board of directors.
