This Just In! Unito’s New Funding and What’s Next!
Things have changed a lot since Unito’s Series A.
Years of pandemic-inflicted remote work and a market that’s turned all-time highs into all-time lows haven’t slowed us down. Since Series A, we’ve launched dozens of new integrations, revamped our UI, grown into completely new categories (like contact management and reporting), and more.
But do you know what hasn’t changed? The mission to unite work across teams through no-code, two-way integrations for the market’s most popular software tools. Just ask Katharina Gambs of Digistore 24, Trevor Brace of Boveda, or any of our thousands of customers. They’ll tell you how much that mission matters.
Whether they’re working remotely, managing a distributed company, or high-fiving their team in the office, people need a way to work from the tools they want without the manual work. With the acceleration of remote work and the unparalleled size of the average tool stack, this need will keep growing.
Isn’t that a future worth investing in? We think so. And so did our investors.
We’ve just raised $20 million in funding!
The round was led by the CDPQ’s Equity 253 fund and included contributions from Rainfall Ventures and Investissement Québec. Existing investors also doubled down on our vision, including Bessemer Venture Partners, Tom Williams, and Mistral Ventures.
We’re proud to have amazing, long-term investors in both our local ecosystem and the United States.
We want to thank every investor going on this journey with us. It’s a tough market for raising money right now, and their confidence confirms that we’re headed in the right direction.
The Unito direction
Tech companies have been making the news with rounds of massive layoffs, making this a tough market for tech workers. But we’re proud — and a bit lucky — to say that we haven’t had to cut a single position this year.
The resources from this funding round will go to expanding our catalog of integrations, scaling up our platform’s performance and reliability, supporting new tool categories, and solidifying our competitive edge. But, above all, we’re investing in one thing.
Culture.
We’re doubling down on some of our key bets, from company-wide transparency by default to our commitment to reducing the wage gap. But we’re also going all-in on working our way.
The massive, forced remote work experiment is over, and tech companies are left trying to figure out what to do next. Some have chosen a remote-first approach. Others are struggling to bring people back to the office.
At Unito, there was never any question about our position on this. We’re not a distributed company, we’re not a remote-first workplace. We are headquartered in Montreal, and as we grow, we’re building a hybrid work environment that doesn’t sacrifice in-office culture or flexibility. People get together when there’s value in it and work from wherever they like the rest of the time.
Why?
Because we believe strong relationships and in-person interactions help us build a better product. Because this drives us to invest in our local community, whether that’s by hosting events like WomenHack or Product Tank, donating to causes that matter to us (from Dans la rue to Techaide), or getting to meet potential hires in person.
Just like we’re building the most forward-thinking two-way integrations on the market, we want to keep building a company that’s at the bleeding edge of workplace culture.
It’s why we hit most of Equity 25³’s diversity requirements five years early, and it’s one of the reasons why our investors believe in us.
Thank you for being with us so far. Now let’s build the future of work.