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To improve operational efficiency.
142% employee growth in 12 months
Unit21 is a cybersecurity company that aims to help businesses in multiple industries detect and manage fraud, money laundering, and other risks.
The business uses a simple dashboard and API to detect these risks via a flexible, bespoke cloud-based system that can host identity verification, reporting, analytics, and transition management to protect online businesses.
So far, Unit21's customers have managed to protect over 20 million users from cybercrime, and the company has recently announced that they have acquired $13 million to sell into new industries, expand their marketing and sales efforts, and grow their product and distribution management team.
Despite the fraud prevention market being full of competitors making similar claims, Unit21 has grown significantly and is now working with several new businesses, including Line, Gusto, Coinbase, and Intuit.
Unit21's goal to create a customizable off-the-shelf platform that's powerful yet easy to use is not an easy feat when it's pitted against its well-funded competitors, but with its additional funding led by A. Capital Ventures, the future of the company looks bright.
Kirsty
Company Specialist at Welcome to the Jungle
Jul 2022
$45m
SERIES C
Jul 2021
$34m
SERIES B
This company has top investors
Clarence Chio
(President & CTO)Alongside U/nit21, Clarence lectures at UC Berkeley's school of information. In 2018 they wrote the book "Machine Learning & Security". They have as a Software Engineer for Shape Security and as a Security Consultant for Oracle
Trisha Kothari
(CEO)Prior to Unit21, Trisha worked as a member for computer software computer software company, South Park Commons. They also have experience in software engineering from Google and Affirm