According to reports, Uniqus Consultech, a global tech-enabled consulting platform, has raised $20 million in a Series C funding round led by existing backers Nexus Venture Partners and Sorin Investments. The latest infusion of capital will support the company’s continued global expansion, the launch of adjacent service lines, and research and development of AI-powered consulting solutions.

The funding comes just months after Uniqus secured $10 million in a Series B round in April, also led by Nexus and Sorin. The company said a substantial portion of the new capital will go towards enhancing its AI capabilities to address complex challenges in financial reporting and risk management.

“Our vision has always been to build a consulting platform that leverages global talent and technology to deliver exceptional client outcomes,” says Jamil Khatri, Co-founder and CEO of Uniqus.

“With a $100 billion+ addressable market before us, this is just the beginning. The funding positions us to expand our capabilities and geographical presence. We’ll also be building out Uniqus AI, using our domain expertise and new GenAI models to transform how consulting services are delivered,” says Jamil.

The company is on track to reach $100 million in revenue by 2026.

“We trebled our revenues in 2024, we are a calendar-year company, and this year we’ll do $50 million in revenue, which is our third year of operation. That sets us up beautifully for 2026, close to $100 million, and $150 million by 2027,” adds Jamil.

Jamil  says, “We don’t need that much capital. To date, we’ve raised $23 million, and we’ve only spent $7-8 million of that.”

 

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The company plans to use the fresh funds to expand into new markets including Bahrain, Qatar, Kuwait, Oman, Canada, and Singapore.