Unito, a Montreal, Canada-based workflow management software, announced that it completed $20 million in Series B funding.
CDPQ led the round, with participation from new investors Rainfall Ventures and Investissement Québec, as well as existing investors Bessemer Venture Partners, Tom Williams, and Mistral Ventures.
The fund will allow Unito to solidify its growing market traction—customers include Atlassian, Corpay, Teamwork, the Cincinnati Reds, and Wrike—and expand its connectors across the entire suite of digital productivity solutions.
The new funding will also go toward continuing to add top talent as well as adding new integrations as Unito aims to take over the integration market.
"As SaaS tools proliferate, companies are embracing integrations that bring tools together and power the cross-functional teams that are the future of work," said Marc Boscher, co-founder and CEO at Unito. "Our customers recognize the impact of no-code, two-way syncs, and we're thrilled to have investors that share our mission of smashing tool silos and uniting work. Unito's integrations cut tool license costs, eliminate hours of manual copy and pasting, and empower teams to close projects faster and rapidly scale."
Unito integrates disparate SaaS applications, enabling workflows that cross the boundaries of tools, teams, and organizations. Current integrations include Asana, Excel, Github, Google Sheets, Hubspot, Jira, Salesforce, Trello, Wirke, Zendesk, and more.
The unique no-code, two-way integrations allow information to flow freely between apps leading to easier collaboration, more efficient work, and higher productivity.
One Unito customer, Boveda, saves one full workday each week with the integrations, while another, Verivox, automated the painful manual process of migrating 50,000 Jira issues to ClickUp.
Company: Unito Inc.
Raised: $20.0M
Round: Series B
Funding Month: October 2022
Lead Investors: CDPQ
Additional Investors: Rainfall Ventures and Investissement Québec, Bessemer Venture Partners, Tom Williams, and Mistral Ventures
Company Website: https://unito.io/
Software Category: SaaS App Integration
About the Company: Founded in 2015, Unito was created to integrate disparate SaaS applications, enabling workflows that cross the boundaries of tools, teams, and organizations. Unito's workflow automation platform and two-way integrations allow information to flow freely between apps like Atlassian's Trello and Jira Software, Asana, GitHub, and Google Sheets, leading to easier collaboration, more efficient work, and higher productivity. Unito's unorthodox approach — simple, two-way interfaces between an ever-growing list of popular applications — has attracted more than 50,000 users at 7,000 firms worldwide with workflows in IT, project management, sales, spreadsheets, and more. Unito has increased its headcount since 2020 and reduced its gender pay gap to 4%, compared to the industry average of 11%. Inbound monthly free trials at Unito increased by six months in 2022. Unito can now leverage its market momentum and expand into even more SaaS categories, beginning with support products. Unito continues to offer knowledge to workers each day through its mission to unite work across disparate SaaS apps. The company is headquartered in Montreal, Canada.
Source: https://www.prnewswire.com/news-releases/unito-raises-20-million-to-shape-the-future-of-collaborative-work-301659407.html