Unqork

Last updated
Unqork
Type Private company
Industry No-code development platform
Founded2017
Headquarters
Key people
Gary Hoberman, CEO & Founder
ProductsUnqork
Website unqork.com

unqork is a cloud computing and enterprise software company based in New York, NY that offers a no-code development platform-as-a-service (PaaS) for building enterprise applications. unqork supports organizations in finance, insurance, healthcare, and government. [1]

Contents

History

Unqork was founded in 2017 by CEO Gary Hoberman, who was formerly the CIO of insurance company Metlife. [2]

In February 2020, the company completed a series B funding round of $131M. [3] In March, the New York City Department of Information Technology and Telecommunications used the Unqork platform to build a digital portal that would allow free meals to be delivered to New York City residents during the COVID-19 pandemic. [4] In August, Crain's New York Business reported that the company was one of New York City's fastest growing startups. [5] In October, Unqork announced that it had raised an additional $207 million in a Series C funding round led by accounts managed by BlackRock, Inc., bringing the company's valuation to more than $2 billion. [2]

In May 2021, Chicago's Department of Housing, in partnership with the Resurrection Project, used the Unqork platform to distribute rent relief funds to Chicago residents. [6] That same month, a Forrester report on low-code platforms dubbed Unqork "rookie of the year", [7] though the company differentiates no-code from low-code. [8] In a July report, research firm HFS Solutions reported that the company's customers included Goldman Sachs, Liberty Mutual, and the Cities of New York, Chicago and Washington DC. [9]

Unqork ranked number 5 on Fast Company's Most Innovative Enterprise Tech Companies of 2022. [10] That same year, the company also ranked among America's Best Startups by Forbes. [11]

Platform and services

Unqork's no-code platform allows users to design applications and other digital solutions through an entirely visual interface. [1] Software is designed by configuring reusable visual components representing end-user-facing elements and application logic. [12]

The company's software includes a marketplace featuring pre-built apps and third-party consultancy services, including integrations with software including SendGrid, Twilio, and DocuSign. [13] Unqork 2021.5 adds new software development life cycle (SDLC) features, such as API auto-documentation, data model auto-documentation, and application rollback. [14] [15]

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References

  1. 1 2 Melendez, Steven (2020-06-16). "D.C. and NYC built digital COVID-19 portals within days, thanks to this tool". Fast Company. Retrieved 2021-08-10.
  2. 1 2 Giles, Martin (October 6, 2020). "Former MetLife CIO's 'No-Code' Startup Unqork Hits $2 Billion Valuation With New Fundraise". Forbes. Retrieved August 10, 2021.
  3. "Unqork's $207M Series C underscores growing enterprise demand for no-code apps". Techcrunch. October 7, 2020. Retrieved August 10, 2021.
  4. Kadet, Anne (June 2, 2020). "New York City Serves Up Food to Fill in the Gaps Amid the Pandemic". Wall Street Journal. ISSN   0099-9660 . Retrieved August 10, 2021.
  5. "Unqork well positioned to be New York's next tech giant". Crain's New York Business. August 25, 2020. Retrieved August 10, 2021.(subscription required)
  6. "Chicago more than doubles rent relief funding". Crain's Chicago Business. June 24, 2021. Retrieved August 10, 2021.
  7. FED. "Forrester". Forrester. Retrieved 2021-08-26.
  8. Unqork. "No-Code vs. Low-Code | Unqork". www.unqork.com. Retrieved 2021-08-26.
  9. "Unqork's marketplace piles pressure on low-code, no-code laggards". HFS Research. July 27, 2021. Retrieved August 25, 2021.
  10. Woodruff, Jay (2022-03-08). "The 10 most innovative enterprise companies in 2022". Fast Company. Retrieved 2022-03-08.
  11. HILBURN", "JAIR. "America's Best Startup Employers 2022". Forbes. Retrieved 2022-03-09.
  12. "This tech startup helps companies build custom software without any code". CNBC. December 30, 2020. Retrieved August 10, 2021.
  13. "Exclusive: No-code unicorn Unqork unveils marketplace of prebuilt tools". Morning Brew. June 22, 2021. Retrieved August 10, 2021.
  14. "Unqork 2021.5 introduces API auto-documentation". SD Times. 2021-05-20. Retrieved 2021-08-15.
  15. "Lowcode Platform". www.iofod.com. Retrieved 2021-10-22.