Zurich-based startup Unique, which develops an agentic AI platform to enhance efficiency in financial operations for financial firms, has secured $30 million in a Series A led by CommerzVentures and DN Capital. The new capital will accelerate product development and support expansion into the US.
- Established in 2021 by Manuel Grenacher, Michelle Heppler, and Andreas Hauri, Unique develops an agentic AI platform designed to enhance efficiency in financial operations, particularly for asset management, wealth management, retail, and private banking firms.
- The platform automates middle- and back-office processes, including research, compliance, and KYC, driving significant business impact by improving performance, accuracy, and reducing operational risk.
- The firm offers a platform that is customizable with over 25 specialized use cases, or it can deploy tailored AI agents for specific tasks. These agents seamlessly integrate into existing systems, enabling financial institutions to streamline resource-heavy workflows.
- Unique collaborates with leading financial organizations such as Pictet Group, UBP, LGT Private Banking, and SIX, helping over 30,000 professionals enhance efficiency and scalability in financial operations.
Details of the deal
- The recent funding round was led by CommerzVentures, a Frankfurt-based VC that manages €550 million in assets and supports early and growth-stage companies in the fintech, insurtech, and climate fintech sectors, alongside DN Capital, a London-based VC firm, with additional support from existing seed investors, including VI Partners and Pictet Group.
"We are thrilled to support Unique in this next phase of growth. Their leadership in the financial services space and their commitment to innovation make them a standout player in the industry. We look forward to seeing their continued success and global impact," claims Patrick Meisberger, Managing Partner at CommerzVentures.
- The Series A funding will be used to accelerate product development and support Unique’s global expansion, particularly in the United States. It will also help strengthen the leadership team and drive further innovation in the financial services sector.
"We are excited to announce this Series A investment. This funding will significantly boost our global expansion efforts and enhance our ability to deploy agentic solutions for our clients. We are dedicated to advancing the financial services industry, and with the strong backing from our investors, we aim to drive the next wave of innovation," CEO of Unique, Manuel Grenacher, commented.
