Unframe raises $50 million in series B round led by Highland Europe

Existing investors also added more money in this round. These include Bessemer Venture Partners, Craft Ventures, TLV Partners, Third Point Ventures, Cerca Partners, and Vintage Investment Partners.

The latest funding round has increased Unframe’s total venture funding to $100 million. The company will use the new money to expand its global delivery operations, improve its technology platform, and hire senior leaders to support further business growth.

This new funding comes at a time when the Cupertino-based startup is seeing very strong business growth. Along with the funding announcement, Unframe shared that it has gained more than $100 million in total contract value within just 12 months of launching its services.

The company also said its net revenue retention rate reached 400%, showing strong growth from existing customers. Unframe’s customer base is also growing quickly, with many leading Fortune 500 companies using its platform.

“We’ve barely touched the money from the previous round completed a year ago. Our burn rate is very low,” Shay Levi, co-founder and CEO of Unframe, told the media. The company announced its previous $30 million funding round in April 2025. Earlier this year, Unframe ranked second on Calcalist’s list of the 50 Most Promising Startups.

Founded in 2024 by Shay Levi, Larissa Schneider, and Adi Azarya, all three were former executives at cybersecurity company Noname Security, which was acquired by Akamai for around $500 million. Levi was the co-founder and CTO of the company, Schneider handled global marketing operations, and Azarya managed parts of the research and development (R&D) work.

Unframe currently has around 130 employees, with about 70 working in Israel and the rest based in California and Berlin. The company will use the new funding to grow its sales team, invest more in technology, and strengthen its leadership team as it prepares for further expansion.

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