Highland Europe Backs Unframe’s $50M AI Expansion

Key Takeaways

  • Unframe raised $50 million in a Series B round led by Highland Europe, doubling its total venture backing to $100 million.

  • The company surpassed $100 million in total contract value (TCV) within 12 months of its launch, driven by a 400% net revenue retention rate among Fortune 500 clients.

  • The platform implements an outcome-based commercial model, where clients transition to a recurring SaaS subscription only after confirming the software’s performance during a live trial period.

Unframe Raises $50M

Unframe Inc., an AI delivery platform built for global enterprise, announced a fundraising of  $50 million in Series B funding led by Highland Europe. Significant follow-on funding from previous investors involved Bessemer Venture Partners, Craft Ventures, TLV Partners, Third Point Ventures, Cerca Partners and Vintage Investment Partners.

The most recent injection of capital brings the total of venture funding to Unframe to $100 million. Unframe plans to use the additional capital to scale its international delivery capacity, build technology infrastructure for its open platform, and bring on senior leadership to help scale the enterprise to the next level.

This capital raise comes at arguably the strongest commercial momentum that we see for the Cupertino-based startup. In addition to the funding news, Unframe announced that in just twelve months since its initial go-to-market, they have accumulated over $100M in total contract value (TCV) and experienced a 400% net revenue retention rate over a rapidly expanding customer base of top Fortune 500 companies.

Bridging the Enterprise Pilot-to-Production Gap

Unframe was founded in 2024 by three executives of a well-known cybersecurity company, Noname Security: CEO Shay Levi, COO Larissa Schneider, and VP of research and development Adi Azarya. Unframe’s goal is to unscramble the bottleneck of the adoption of technology in enterprises.

While organizations across the world have spent enormous resources on generative AI pilots, many of these works remain stalled during the move from pilot experiments to real-time production environments (as illustrated by security concerns, data preparedness, governance issues, and enormous custom integration on the solution side).

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Source: Unsplash

Unframe remedies this operational gap by functioning as an end-to-end, managed delivery layer between an enterprise’s chosen underlying large language models (LLMs) and its internal business workflows. Rather than requiring corporations to hire expensive systems integrators or build bespoke solutions internally over several months, Unframe converts specific operational bottlenecks into live, production-grade AI applications within days.

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Shifting Delivery Risk with ‘The Framery’

At the core of the company’s offering is an open platform called ‘The Framery’. This architecture uses a set of deeply integrated technical building blocks that connect directly with an organization’s existing software systems, application programming interfaces (APIs), and internal databases.

Most importantly, the architecture is both model-agnostic and very secure. The solutions are deployable to the customer as a private cloud, on the customer’s own servers, or secured within SaaS. This proximity allows the corporate data to stay within the customers’ infrastructure without leaving until authorized.

To eliminate financial risk for wary corporate buyers, Unframe uses a distinct outcome-based commercial model. Under this framework, the company assumes the initial delivery risk, allowing enterprises to test and confirm the viability of the AI solution in real-world scenarios over a pre-agreed usage period. Payment only transitions into a standard, fixed-fee SaaS subscription after the customer officially validates the value and performance of the application. Approximately half of Unframe’s initial pilot engagements have successfully converted into paid, recurring commercial contracts.

Global Footprint and Scale

The company’s growth model follows a compounding pattern within its account base. Typically, an enterprise introduces a single operational bottleneck to the platform, experiences a tailored deployment within days, and subsequently expands Unframe’s footprint to handle adjacent use cases across other internal departments. This landed expansion strategy is what drove the firm’s 400% net revenue retention.

Unframe currently employs approximately 130 professionals globally. Its workforce is structurally split, with around 70 employees stationed at its dedicated research and development center in Tel Aviv, Israel, and the remainder distributed across regional operational offices in California and Berlin, Germany. The Series B funding will facilitate a significant build-out of international sales teams and tech talent across these key geographical hubs.

Ekemini

Ekemini

I'm a crypto writer with 4+ years of experience passionate about turning big, technical ideas into content anyone can understand. From blockchain to stablecoins to everything in between, I enjoy helping readers stay informed in a space that never stops moving.

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