Company:Unqork

From HandWiki
Short description: American application development software company
Unqork
TypePrivate company
IndustryNo-code development platform
Founded2017
Headquarters
New York, New York
Key people
Gary Hoberman, CEO & Founder
ProductsUnqork
Websiteunqork.com

unqork is a cloud computing and enterprise software company based in New York City 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]

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]

References

  1. ↑ 1.0 1.1 Melendez, Steven (2020-06-16). "D.C. and NYC built digital COVID-19 portals within days, thanks to this tool" (in en-US). https://www.fastcompany.com/90516276/this-tool-helped-dc-and-nyc-build-digital-covid-19-portals-within-days. 
  2. ↑ 2.0 2.1 Giles, Martin (October 6, 2020). "Former MetLife CIO's 'No-Code' Startup Unqork Hits $2 Billion Valuation With New Fundraise" (in en). https://www.forbes.com/sites/martingiles/2020/10/06/no-code-startup-unqork-hits-2-billion-valuation/. 
  3. ↑ "Unqork's $207M Series C underscores growing enterprise demand for no-code apps". October 7, 2020. https://techcrunch.com/2020/10/07/unqorks-207m-series-c-underscores-growing-enterprise-demand-for-no-code-apps/. 
  4. ↑ Kadet, Anne (June 2, 2020). "New York City Serves Up Food to Fill in the Gaps Amid the Pandemic" (in en-US). Wall Street Journal. ISSN 0099-9660. https://www.wsj.com/articles/new-york-city-serves-up-food-to-fill-in-the-gaps-amid-the-pandemic-11591106402. 
  5. ↑ "Unqork well positioned to be New York's next tech giant". August 25, 2020. https://www.crainsnewyork.com/technology/unqork-well-positioned-be-new-yorks-next-tech-giant. (Subscription content?)
  6. ↑ "Chicago more than doubles rent relief funding" (in en). June 24, 2021. https://www.chicagobusiness.com/government/chicago-more-doubles-rent-relief-funding. 
  7. ↑ FED. "Forrester" (in en). https://www.forrester.com/report/The-Forrester-Wave-LowCode-Development-Platforms-For-Professional-Developers-Q2-2021/RES161668. 
  8. ↑ Unqork. "No-Code vs. Low-Code | Unqork" (in en). https://www.unqork.com/no-code-vs-low-code. 
  9. ↑ "Unqork's marketplace piles pressure on low-code, no-code laggards". July 27, 2021. https://www.hfsresearch.com/research/unqorks-marketplace-piles-pressure-on-low-code-no-code-laggards/. 
  10. ↑ Woodruff, Jay (2022-03-08). "The 10 most innovative enterprise companies in 2022" (in en-US). https://www.fastcompany.com/90724396/most-innovative-companies-enterprise-2022. 
  11. ↑ HILBURN", "JAIR. "America's Best Startup Employers 2022" (in en). https://www.forbes.com/lists/americas-best-startup-employers/. 
  12. ↑ "This tech startup helps companies build custom software without any code" (in en). December 30, 2020. https://www.cnbc.com/video/2020/12/30/this-tech-startup-helps-companies-build-custom-software-without-any-code.html. 
  13. ↑ "Exclusive: No-code unicorn Unqork unveils marketplace of prebuilt tools". June 22, 2021. https://www.morningbrew.com/emerging-tech/stories/2021/06/22/exclusive-nocode-unicorn-unqork-unveils-marketplace-prebuilt-tools. 
  14. ↑ "Unqork 2021.5 introduces API auto-documentation" (in en-US). 2021-05-20. https://sdtimes.com/lowcode/unqork-2021-5-introduces-api-auto-documentation/. 
  15. ↑ "Lowcode Platform" (in en-US). https://www.iofod.com. 



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