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Unqork

From Wikipedia, the free encyclopedia
Unqork
Company typePrivate company
IndustryNo-code development platform
Founded2017
Headquarters
Key people
Gary Hoberman, CEO & Founder
ProductsUnqork
Websiteunqork.com

Unqork is a cloud computing and enterprise software company based in New York, NY 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

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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

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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

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  1. ^ a b Melendez, Steven (2020-06-16). "D.C. and NYC built digital COVID-19 portals within days, thanks to this tool". Fast Company. Retrieved 2021-08-10.
  2. ^ a b Giles, Martin (October 6, 2020). "Former MetLife CIO's 'No-Code' Startup Unqork Hits $2 Billion Valuation With New Fundraise". Forbes. Retrieved August 10, 2021.
  3. ^ "Unqork's $207M Series C underscores growing enterprise demand for no-code apps". Techcrunch. October 7, 2020. Retrieved August 10, 2021.
  4. ^ Kadet, Anne (June 2, 2020). "New York City Serves Up Food to Fill in the Gaps Amid the Pandemic". Wall Street Journal. ISSN 0099-9660. Retrieved August 10, 2021.
  5. ^ "Unqork well positioned to be New York's next tech giant". Crain's New York Business. August 25, 2020. Retrieved August 10, 2021.(subscription required)
  6. ^ "Chicago more than doubles rent relief funding". Crain's Chicago Business. June 24, 2021. Retrieved August 10, 2021.
  7. ^ FED. "Forrester". Forrester. Retrieved 2021-08-26.
  8. ^ Unqork. "No-Code vs. Low-Code | Unqork". www.unqork.com. Retrieved 2021-08-26.
  9. ^ "Unqork's marketplace piles pressure on low-code, no-code laggards". HFS Research. July 27, 2021. Retrieved August 25, 2021.
  10. ^ Woodruff, Jay (2022-03-08). "The 10 most innovative enterprise companies in 2022". Fast Company. Retrieved 2022-03-08.
  11. ^ HILBURN", "JAIR. "America's Best Startup Employers 2022". Forbes. Retrieved 2022-03-09.
  12. ^ "This tech startup helps companies build custom software without any code". CNBC. December 30, 2020. Retrieved August 10, 2021.
  13. ^ "Exclusive: No-code unicorn Unqork unveils marketplace of prebuilt tools". Morning Brew. June 22, 2021. Retrieved August 10, 2021.
  14. ^ "Unqork 2021.5 introduces API auto-documentation". SD Times. 2021-05-20. Retrieved 2021-08-15.
  15. ^ "Lowcode Platform". www.iofod.com. Retrieved 2021-10-22.