Unqork
{{Short description|American application development software company}}
{{Infobox company
| name = Unqork
| logo = File:Unqork_company_logo.png
| type = Private company
| traded_as =
| location_city = New York, New York
| foundation = 2017
| key_people = Gary Hoberman, CEO & Founder
| industry = No-code development platform
| products = Unqork
| num_employees =
| website = {{url|unqork.com}}
| footnotes =
| revenue =
}}
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.{{Cite web|last=Melendez|first=Steven|date=2020-06-16|title=D.C. and NYC built digital COVID-19 portals within days, thanks to this tool|url=https://www.fastcompany.com/90516276/this-tool-helped-dc-and-nyc-build-digital-covid-19-portals-within-days|access-date=2021-08-10|website=Fast Company|language=en-US}}
History
Unqork was founded in 2017 by CEO Gary Hoberman, who was formerly the CIO of insurance company Metlife.{{Cite web|last=Giles|first=Martin|title=Former MetLife CIO's 'No-Code' Startup Unqork Hits $2 Billion Valuation With New Fundraise|url=https://www.forbes.com/sites/martingiles/2020/10/06/no-code-startup-unqork-hits-2-billion-valuation/|date=October 6, 2020|access-date=August 10, 2021|website=Forbes|language=en}}
In February 2020, the company completed a series B funding round of $131M.{{cite news|url= https://techcrunch.com/2020/10/07/unqorks-207m-series-c-underscores-growing-enterprise-demand-for-no-code-apps/
|title=Unqork's $207M Series C underscores growing enterprise demand for no-code apps|website=Techcrunch |date=October 7, 2020 |access-date=August 10, 2021}} 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.{{Cite news|last=Kadet|first=Anne|date=June 2, 2020|title=New York City Serves Up Food to Fill in the Gaps Amid the Pandemic|language=en-US|work=Wall Street Journal|url=https://www.wsj.com/articles/new-york-city-serves-up-food-to-fill-in-the-gaps-amid-the-pandemic-11591106402|access-date=August 10, 2021|issn=0099-9660}} In August, Crain's New York Business reported that the company was one of New York City's fastest growing startups.{{cite news|url= https://www.crainsnewyork.com/technology/unqork-well-positioned-be-new-yorks-next-tech-giant
|title=Unqork well positioned to be New York's next tech giant|website=Crain's New York Business |date=August 25, 2020 |access-date=August 10, 2021}}{{subscription required|date=August 2021}} 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.
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.{{Cite web|date=June 24, 2021|title=Chicago more than doubles rent relief funding|url=https://www.chicagobusiness.com/government/chicago-more-doubles-rent-relief-funding|access-date=August 10, 2021|website=Crain's Chicago Business|language=en}} That same month, a Forrester report on low-code platforms dubbed Unqork "rookie of the year",{{Cite web|last=FED|title=Forrester|url=https://www.forrester.com/report/The-Forrester-Wave-LowCode-Development-Platforms-For-Professional-Developers-Q2-2021/RES161668|access-date=2021-08-26|website=Forrester|language=en}} though the company differentiates no-code from low-code.{{Cite web|last=Unqork|title=No-Code vs. Low-Code {{!}} Unqork|url=https://www.unqork.com/no-code-vs-low-code|access-date=2021-08-26|website=www.unqork.com|language=en}} In a July report, research firm HFS Research reported that the company's customers included Goldman Sachs, Liberty Mutual, and the Cities of New York, Chicago and Washington DC.{{cite news|url=https://www.hfsresearch.com/research/unqorks-marketplace-piles-pressure-on-low-code-no-code-laggards/ |title=Unqork's marketplace piles pressure on low-code, no-code laggards |website=HFS Research |date=July 27, 2021 |access-date=August 25, 2021}}
Unqork ranked number 5 on Fast Company's Most Innovative Enterprise Tech Companies of 2022.{{Cite web |last=Woodruff |first=Jay |date=2022-03-08 |title=The 10 most innovative enterprise companies in 2022 |url=https://www.fastcompany.com/90724396/most-innovative-companies-enterprise-2022 |access-date=2022-03-08 |website=Fast Company |language=en-US}} That same year, the company also ranked among America's Best Startups by Forbes.{{Cite web |last=HILBURN" |first="JAIR |title=America's Best Startup Employers 2022 |url=https://www.forbes.com/lists/americas-best-startup-employers/ |access-date=2022-03-09 |website=Forbes |language=en}}
Platform and services
Unqork's no-code platform allows users to design applications and other digital solutions through an entirely visual interface. Software is designed by configuring reusable visual components representing end-user-facing elements and application logic.{{Cite web|date=December 30, 2020|title=This tech startup helps companies build custom software without any code|url=https://www.cnbc.com/video/2020/12/30/this-tech-startup-helps-companies-build-custom-software-without-any-code.html|access-date=August 10, 2021|website=CNBC|language=en}}
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.{{cite news|url= https://www.morningbrew.com/emerging-tech/stories/2021/06/22/exclusive-nocode-unicorn-unqork-unveils-marketplace-prebuilt-tools
|title=Exclusive: No-code unicorn Unqork unveils marketplace of prebuilt tools|website=Morning Brew |date=June 22, 2021 |access-date=August 10, 2021}} Unqork 2021.5 adds new software development life cycle (SDLC) features, such as API auto-documentation, data model auto-documentation, and application rollback.{{Cite web|date=2021-05-20|title=Unqork 2021.5 introduces API auto-documentation|url=https://sdtimes.com/lowcode/unqork-2021-5-introduces-api-auto-documentation/|access-date=2021-08-15|website=SD Times|language=en-US}} {{Cite web|title=Lowcode Platform|url=https://www.iofod.com|access-date=2021-10-22|website=www.iofod.com|language=en-US}}