Unframe, a managed AI delivery platform for global enterprises, has raised an additional $50 million after reaching $100 million in total contract value within 12 months.
The enterprise AI company said the new funding round was led by Highland Europe, with participation from existing investors including Bessemer Venture Partners, Craft Ventures, TLV Partners, Third Point Ventures, Cerca Partners and Vintage Investment Partners. The round brings Unframe’s total funding to $100 million.
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Unframe founders, from right, Co-Founder & VP R&D Adi Azaria; Co-Founder & CEO Shay Levi; COO Larissa Schneider
(Photo: Courtesy of Unframe)
Unframe develops customized AI systems for large enterprises and integrates them with customers’ existing data, workflows and governance systems. The company said its growth reflects rising demand from major companies seeking to move AI projects from pilot programs into production.
“Every enterprise we speak with has a backlog of high-impact AI use cases and almost nothing in production,” said Shay Levi, Unframe’s CEO and co-founder. “We built Unframe to close the gap between ambition and execution.”
The company said it has recorded 400% net revenue retention, meaning existing customers have significantly expanded their use of its services.
The new funding will be used to expand delivery capacity, invest further in the company’s platform and grow its senior leadership team.
Unframe was founded in 2024 by Levi, Larissa Schneider and Adi Azarya. The company is headquartered in Cupertino, California, with offices in Tel Aviv and Berlin.