The Shay Levi-led enterprise AI delivery platform has doubled its total funding to $100m and is posting numbers, including 400% net revenue retention, that put it in the top decile of any enterprise-software vintage.
Unframe, the Cupertino-based managed AI delivery platform co-founded by Shay Levi, has raised an additional $50m in funding led by Highland Europe, the company said on Monday.
Bessemer Venture Partners, Craft Ventures, TLV Partners, Third Point Ventures, Cerca Partners, and Vintage Investment Partners joined as returning investors. The round brings the 14-month-old company’s total funding to $100m.
The funding figure is the smaller half of the announcement. The substantive claim is the customer’s. Unframe says it has crossed $100m in total contract value over the past twelve months at a 400% net revenue retention rate, with the customer base spanning Fortune 500 enterprises across multiple geographies.
The 💜 of EU techThe latest rumblings from the EU tech scene, a story from our wise ol' founder Boris, and some questionable AI art. It's free, every week, in your inbox. Sign up now!The growth pattern Unframe describes is one in which an enterprise hits a specific operational bottleneck, the company delivers a tailored production-grade solution in days, and the contract value then compounds inside the same customer as adjacent use cases are pulled into the deployment.
