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Unqork

Unqork

No-code platform for cloud application development

About

Unqork offers a no-code platform that allows businesses to create and manage cloud-based applications without writing any code, which helps reduce development time and costs. The platform is designed for highly regulated industries like finance, insurance, government, and healthcare, ensuring compliance with strict regulations. Unqork operates on a subscription model, providing clients with tools for the entire application lifecycle and training through Unqork Academy. By eliminating the need for coding, Unqork makes application development accessible to a wider audience, aiming to accelerate digital transformation for its clients.

Company Stage

Series C

Employees

201-500

Industries

Enterprise Software, Consulting

Total Funding

$445.2M

Headquarters

N/A

Founded

2017


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Simplify's Take

What believers are saying

  • The appointment of experienced leaders from Google and Barclays positions Unqork for strategic growth and operational excellence.
  • The Winter 2024 Platform Release, with new composite app capabilities and case management solutions, demonstrates Unqork's continuous innovation and commitment to enhancing user experience.
  • Partnerships with companies like Spacial Health highlight Unqork's expanding influence in the healthcare sector, offering new opportunities for growth and market penetration.

What critics are saying

  • The no-code platform market is becoming increasingly competitive, requiring Unqork to continuously innovate to maintain its edge.
  • High reliance on subscription-based revenue means that any downturn in client renewals could significantly impact financial stability.

What makes Unqork unique

  • Unqork's no-code platform eliminates the need for traditional coding, significantly reducing development time and costs, which is a major advantage over traditional software development methods.
  • The platform's focus on highly regulated industries like finance, insurance, government, and healthcare ensures compliance with stringent regulatory requirements, setting it apart from more generalist competitors.
  • Unqork's commitment to an open-source platform with features like the first Open Source Specifications for codeless applications reduces vendor lock-in and enhances flexibility for clients.

Growth & Insights
Headcount

6 month growth

↓ -8%

1 year growth

↓ -21%

2 year growth

↓ -34%

Benefits

Create your own role

Lunch on a monthly stipend, plus weekly happy hours and socials

401k plan

Growth opportunities

Medical, dental, and vision insurance

Remote, flexible workspace

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