About Unique
Unique is a company based in Jerusalem (Israel) founded in 1989 was acquired by Formula Systems in November 2019. It operates as a SaaS (Software-as-a-Service), and Managed Services. Unique offers products and services including Payroll System, Attendance Module, Human Resources Module, Pension Management, and Teaching Staff Management (Noa). Unique operates in a competitive market with competitors including Workday, Kronos, SuccessFactors, Justworks and Sage Group, among others.
- Headquarter Jerusalem, Israel
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Unique Software Industries
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Formula Systems
(Nov 19, 2019)
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Products & Services of Unique
Unique offers a comprehensive portfolio of products and services, including Payroll System, Attendance Module, Human Resources Module, Pension Management, and Teaching Staff Management (Noa). The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Payroll is calculated for thousands of employees monthly.
Attendance is tracked and analyzed for workforce management.
Human resources are managed with dynamic organizational tools.
Pension payments are controlled with full regulatory compliance.
Teaching staff data is managed across educational networks.
Funding Insights of Unique
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Unique
Unique has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Formula Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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IT services and solutions are provided by Formula Systems.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Unique
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Unique
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Unique Comparisons
Competitors of Unique
Unique operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Workday, Kronos, SuccessFactors, Justworks and Sage Group, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based HR and financial software is delivered to enterprises.
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| domain | founded_year | HQ Location |
HCM software solutions for enterprise workforce management are provided.
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| domain | founded_year | HQ Location |
Cloud-based human capital management software is delivered globally.
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| domain | founded_year | HQ Location |
Benefits administration and payroll management are provided for businesses.
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| domain | founded_year | HQ Location |
Cloud-based accounting and payroll solutions for small and medium businesses
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| domain | founded_year | HQ Location |
Cloud-based payroll and HR solutions are provided for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Unique
When was Unique founded?
Unique was founded in 1989.
Where is Unique located?
Unique is headquartered in Jerusalem, Israel. It is registered at Jerusalem, Jerusalem District, Israel.
What does Unique do?
Comprehensive software solutions for human capital management are developed and offered by Unique. Focus is placed on payroll processing, attendance tracking, HR management, pension operations, and teaching staff administration. Services are extended to various sectors, including education, with systems calculating salaries for hundreds of thousands of employees monthly in Israel. Advanced technologies and over three decades of expertise are utilized to ensure efficiency, automation, and compliance with regulatory standards. Tools for data processing and payroll bureaus are also operated to support diverse client needs.
Who are the top competitors of Unique?
Unique's top competitors include Workday, SuccessFactors and Sage Group.
What products or services does Unique offer?
Unique offers Payroll System, Attendance Module, Human Resources Module, Pension Management, and Teaching Staff Management (Noa).
Who are Unique's investors?
Unique has 1 investor. Key investors include Formula Group.