Unit's website preview

Well Run profileThe Chase Pack · #559 of 720

Position 559

Unit

Embedded finance platform giving software companies banking, cards, bill pay and capital

Pace
5:20/kmSteady1.5
Distance
Distance Half.
Open ops roles
—
Last week
#458
Move
▼ 101
Peak
#458
Weeks in the 100
0
The Chart →
Rank and score over time
Board rank
#448#500#551#458Oct 18#541Oct 25
Pace score
02462Oct 181.5Oct 25

One point per Sunday re-rank, tracking since Oct 18. The lines fill in week by week.

Unit runs in the Steady lane (5:20/km): 193 of 196. Further right = more momentum. No competitors on the board yet, so it runs alone.
Total raised
$169.6Msee rounds ↓
Founded
2019
HQ
New York, NY (and Tel Aviv)

Leadership

The problem

SaaS platforms want to offer accounts, cards and lending but can't run bank partnerships and compliance themselves

What they do

Embedded finance platform giving software companies banking, cards, bill pay and capital

Traction Volume $50B to $100B in 12 months; 100+ platforms incl. Wix, Relay, FreshBooks

Hiring trend

Open roles
2
Headcount
~195-275

Headcount +8.7% YoY (~193, Revelio Mar 2026) after 2024 cut; live board down to 3 roles

Hiring in

  • Tel Aviv
  • San Francisco
  • Remote

Funding

Last round
$100M
Stage
Series C
Date
May 2022

Led by Insight Partners (Series C); Accel led Series B

Distance

Half · edge: hard to leave

Leading independent BaaS middleware after the Synapse collapse, with sticky bank-and-ledger integrations and fast-growing volume; exposure to sponsor-bank regulation and program attrition keeps it from Marathon.

Sources: Unit: $100B annual volume, doubled in 12 months (Jun 2026) ↗ · Revelio Labs: headcount 193, +8.7% YoY (Mar 2026) ↗ · Jason Mikula: program churn and compliance gaps (May 2025) ↗

Watch-outs

Watch (not scored): May 2025 analysis found 21 of 50 tracked programs had left Unit, plus disclosure-compliance gaps

Sources: Jason Mikula (Fintech Business Weekly): Unit churn and compliance analysis, May 2025 ↗

Open ops roles

No ops roles open right now

Last checked Oct 25, 2026

Funding historyTotal raised $169.6M

  1. May 2022Series C$100Mat $1.2BLed by Insight Partners prnewswire.com ↗
  2. Jun 2021Series B$51MLed by Accel techcrunch.com ↗
  3. Dec 2020Series A$15MLed by Aleph tracxn.com ↗
  4. 2020Seed$3.6MLed by TLV Partners tracxn.com ↗

Profile facts checked Oct 19, 2026. Every fact links to its public source.

Keep going

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