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Banking As A Service Startup Unit Announces $51 Million Series B Led By Accel

TAKEN PRIVATEJun 17, 2021

Round Type

Series B

TulsaEnergyOil And GasGamingSportsGambling

Description

Unit, the banking-as-a-service startup that empowers companies to embed financial services into their products, today announced it has raised a $51 million Series B led by Accel. Existing investors Better Tomorrow Ventures, Aleph, Flourish Ventures, and TLV Partners also joined the round. Unit will use the funds to expand the team, accelerate growth, and fast-track its product offering to enable companies to build banking products in minutes.

Quick answer

UNIT CORP raised an undisclosed amount in a Series B round, dated June 17, 2021. UNIT CORP is based in Tulsa, Oklahoma, United States.

How much did UNIT CORP raise?
UNIT CORP raised an undisclosed amount in a Series B round on June 17, 2021.
What does UNIT CORP do?
The Unit specialises in software development and strategic marketing in the sports betting and igaming sectors.
Where is UNIT CORP based and how big is it?
UNIT CORP is based in Tulsa, Oklahoma, United States.
Who are the decision-makers at UNIT CORP?
Fundz holds 1 contact at UNIT CORP. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Oil And Gas around the same time

Companies in the same sectors as UNIT CORP that raised within 45 days of this round, from Fundz verified event records.

  • Spire Mississippi raised $38M on July 19, 2021.
  • Nabors Industries raised an undisclosed amount on July 16, 2021.
  • Focused Energy Inc. raised $10M on July 6, 2021.
  • Caban raised an undisclosed amount on June 17, 2021.
  • EMPIRE PETROLEUM CORP raised $3.2M (Seed) on June 1, 2021.
  • EMPIRE PETROLEUM CORP raised $16M on May 28, 2021.

Who to call at UNIT CORP, and when

A new round usually means UNIT CORP is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day UNIT CORP raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at UNIT CORP, from your own LinkedIn network

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Company Information

Company

UNIT CORP

Location

8200 South Unit Drive

Tulsa, Oklahoma, United States

About

The Unit specialises in software development and strategic marketing in the sports betting and igaming sectors. We deliver world-class, scalable and efficient products, and we execute campaigns for online sportsbooks in multiple territories. The Unit can build your betting platform, develop your marketing strategy and integrate your marketing technology to achieve optimal performance. With us, you can build your betting platform, develop your marketing strategy and integrate your marketing technology to achieve optimal performance.

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Fundz sees it the moment UNIT CORP raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

UNIT CORP raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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