Unison

San Francisco, United States Founded: 2004 • Age: 22 yrs Acquired By IBM
Residential properties are co-invested in via downpayment sharing.
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About Unison

Unison is a company based in San Francisco (United States) founded in 2004 by Thomas Sponholtz and Michael Choupak was acquired by IBM in September 1997.. Unison has raised $255.6 million across 5 funding rounds from investors including IBM, RBC Royal Bank and F-Prime Capital. The company has 40 employees as of December 31, 2020. Unison offers products and services including Equity Sharing Home Loan and Payment Estimate Tool. Unison operates in a competitive market with competitors including Noah, HomePace and Unlock, among others.

  • Headquarter San Francisco, United States
  • Employees 40 as on 31 Dec, 2020
  • Founders Thomas Sponholtz, Michael Choupak
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Real Estate Equity Exchange, Inc.
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $255.6 M (USD)

    in 5 rounds

  • Latest Funding Round
    $210 M (USD), Series C

    Jun 23, 2021

  • Investors
    IBM

    & 3 more

  • Employee Count
    40

    as on Dec 31, 2020

  • Acquired by
    IBM

    & 1 more

    (Sep 17, 1997)

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Products & Services of Unison

Unison offers a comprehensive portfolio of products and services, including Equity Sharing Home Loan and Payment Estimate Tool. 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.

Primary

Offers reduced monthly payments through shared home appreciation.

Provides quick estimates for loan applications and funding needs.

People of Unison
Headcount 50-200
Employee Profiles 3
Employee Profiles
People
Thomas Sponholtz
Founder & CEO
People
Scott Case
Chief Financial Officer
People
Holly Danko
Chief People Officer

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Funding Insights of Unison

Unison has successfully raised a total of $255.6M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $210 million completed in June 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 5
  • Last Round Series C — $210.0M
  • First Round

    (29 Feb 2012)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2021 Amount Series C - Unison Valuation

investors

Jun, 2018 Amount Series B - Unison Valuation F-Prime Capital , Citi Ventures
Feb, 2017 Amount Angel Round - Unison Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Unison

Unison has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include IBM, RBC Royal Bank and F-Prime Capital. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments in life sciences, technology, healthtech, and crypto sectors from global locations.
Founded Year Domain Location
Corporate venture capital firm backed by Citi
Founded Year Domain Location
Commercial banking services are provided to businesses and individuals.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Unison

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Unison

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Unison Comparisons

Employees
+
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Competitors of Unison

Unison 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 Noah, HomePace and Unlock, 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
Online platform for residential mortgage loans
domain founded_year HQ Location
Home equity loans are facilitated through an online platform.
domain founded_year HQ Location
Home loan services are provided to customers by Unlock.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Unison

When was Unison founded?

Unison was founded in 2004 and raised its 1st funding round 8 years after it was founded.

Where is Unison located?

Unison is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Who is the current CEO of Unison?

Thomas Sponholtz is the current CEO of Unison. They have also founded this company.

Is Unison a funded company?

Unison is a funded company, having raised a total of $255.6M across 5 funding rounds to date.

How many employees does Unison have?

As of Dec 31, 2020, the latest employee count at Unison is 40.

What does Unison do?

Unison was founded in 2004 in San Francisco, United States, operating in the real estate investment sector. Co-investment services are provided for residential property purchases, where half the downpayment is contributed without monthly interest or payments. Revenue is generated through a proportional share of profits upon property sale. Operations focus on facilitating homeownership access across the United States.

Who are the top competitors of Unison?

Unison's top competitors include Noah, HomePace and Unlock.

What products or services does Unison offer?

Unison offers Equity Sharing Home Loan and Payment Estimate Tool.

Who are Unison's investors?

Unison has 4 investors. Key investors include IBM, RBC Royal Bank, F-Prime Capital, and Citi Ventures.

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