Cupertino-based Unframe, a managed AI delivery platform, has successfully closed a $50 million Series B funding round led by Highland Europe. This new capital injection brings the company's total funding to $100 million and follows a remarkable first year of operations. The company also announced it surpassed $100 million in total contract value, signaling strong market demand for its rapid AI deployment solutions.
Bridging the AI Implementation Gap
Many enterprises struggle to move their AI ambitions from concept to reality, facing significant operational hurdles in the process. The primary bottleneck is integrating AI into existing systems, security protocols, and complex workflows in a repeatable manner. Unframe's platform is specifically designed to overcome this challenge, enabling businesses to deploy production-ready solutions in days rather than months.
A Unique Delivery and Business Model
Unframe differentiates itself with an open platform that provides core components, complemented by a managed delivery model for rapid implementation. The company offers flexible deployment options, allowing solutions to run in a customer's cloud, on-premises, or as a managed SaaS. This model-agnostic approach ensures that customer data remains secure and avoids reliance on any single large language model.
A key aspect of Unframe's strategy is its outcome-based pricing model, which shifts commercial risk from the client to the company. Customers can confirm their satisfaction with a solution after a set usage period before committing to a standard subscription. This innovative approach has been highly effective, with approximately 50% of customers transitioning to paid contracts after the initial phase.
Impressive Growth and Investor Confidence
The company's rapid ascent is underscored by its impressive financial metrics, achieving over $100 million in total contract value in under 12 months. This growth is coupled with an exceptional 400% net revenue retention rate, indicating that customers are not only satisfied but are also significantly expanding their use of the platform. These figures reflect the repeatability and scalability of Unframe's solutions within large enterprises.
Shay Levi, Co-Founder and CEO of Unframe, stated that the company was founded to close the gap between AI ambition and execution. Jacob Bernstein, Principal at Highland Europe, reinforced this view, highlighting Unframe's ability to turn ideas into functioning solutions where most initiatives stall. He praised the founding team's deep technical expertise and proven track record of building and scaling companies together.
With this new $50 million in funding, Unframe is well-positioned to enhance its platform capabilities and expand its delivery capacity. The company plans to grow its team, which currently numbers 120 employees across Cupertino, Tel Aviv, and Berlin. This strategic investment will help Unframe continue its mission of helping enterprises operationalize AI and achieve measurable business outcomes at scale.