Uniqus Consultech raises fund and has marked a major milestone by securing $20 million in its latest Series C funding round. The round was led by Nexus Venture Partners and Sorin Investments, both existing investors. This fresh infusion aims to accelerate Uniqus’ global expansion, launch new service lines, and significantly invest in AI-driven consulting solutions.
Founded by consulting veterans Jamil Khatri and Sandip Khetan, Uniqus Consultech has rapidly built a name for itself in tech-enabled consulting services, focusing on Accounting, Reporting, ESG, and Technology consulting. With over 550 professionals across 11 offices globally, the company is poised to transform how consulting is delivered by embedding AI deeply into its processes.
This Series C funding comes just months after the company closed a $10 million Series B round, highlighting strong investor confidence. Remarkably, Uniqus remains profitable, having spent only a fraction of its previously raised funds.
The startup’s proprietary tech assets like UniQuest, Risk UniVerse, Reporting UniVerse, and ESG UniVerse stand testament to its vision of reshaping consulting through technology. With strong industry backing and a $100 billion+ addressable market, Uniqus is on an aggressive growth path, aiming to triple its North American revenue over the next three years and reach $100 million in annual revenue by 2026.
1. Introduction: Uniqus Consultech Raises Fund
Uniqus Consultech raises fund is the headline that is grabbing attention across the tech and consulting ecosystem. Founded in 2021 by industry stalwarts Jamil Khatri and Sandip Khetan, the startup set out to reimagine consulting by merging deep domain expertise with cutting-edge technology.
Operating through a global cloud delivery model, Uniqus helps clients across industries manage Accounting & Reporting, Environmental, Social, and Governance (ESG) mandates, and Risk Management processes. It currently serves over 250 clients globally, including big names like Bloom Energy, GAP, UST, and TaskUs.
Their revenue model is straightforward yet innovative. Uniqus charges clients based on the services rendered, similar to traditional consulting models but enhanced by proprietary tech tools that make service delivery faster, more efficient, and more accurate.
2. Founders’ Background and Company Journey
1.1 Founders’ Expertise
Jamil Khatri, Co-Founder and CEO, previously headed global markets at KPMG. Sandip Khetan, Co-Founder, has also held leadership positions at Big Four firms. Their deep understanding of consulting challenges has helped them build a platform that stands out by offering tech-driven consulting services tailored for the modern era.
1.2 Company Growth Journey
Within just two years, Uniqus Consultech has expanded to 11 cities across the USA, India, and the Middle East. It now boasts a workforce of more than 550 professionals, including 60+ partners and directors, signaling its rapid global expansion.
3. Funding Background
2.1 Previous Funding Rounds
Before this Series C round, Uniqus raised $10 million in April 2024. Like this round, Nexus Venture Partners and Sorin Investments had led that round too.
2.2 Current Funding Round
Uniqus Consultech raises fund again, this time $20 million, demonstrating strong investor confidence. This capital will be deployed towards expanding into new geographies like Bahrain, Qatar, Kuwait, Oman, Canada, and Singapore. It will also bolster their AI research and development initiatives.
4. Services and Technology Offered
3.1 Tech-Driven Offerings
Uniqus has developed four proprietary platforms:
- UniQuest: A Gen-AI-powered platform for dynamic search, summarisation, and reporting analysis.
- Risk UniVerse: A tool that streamlines internal controls over financial reporting and SOX compliance.
- Reporting UniVerse: Focuses on financial reporting and data management solutions.
- ESG UniVerse: A data-driven tool dedicated to ESG metrics management.
3.2 Future Services
With the new funding, Uniqus plans to launch adjacent service lines that would cater to expanding client needs. Many existing clients are asking Uniqus to handle more areas, given the success of their current collaborations.
5. Industry Insights and Market Opportunity
4.1 Market Size and Trends
Uniqus operates in a $100 billion+ addressable market. The global consulting market is increasingly seeking firms that blend technology with traditional consulting. Unlike traditional consulting giants struggling with digital transformation, Uniqus leads with a tech-first approach.
4.2 AI Integration Trends
Globally, consulting firms are racing to embed AI into their workflows. Uniqus stands out by aiming to automate 60–70% of processes. This leads to higher productivity, better client outcomes, and lower costs.
6. Investor Insights on Uniqus Consultech
5.1 Nexus Venture Partners’ Comments
Anup Gupta, Managing Director at Nexus, said, “Uniqus represents the future of consulting. Their strategic use of technology and AI, along with a global cloud delivery model, is redefining consulting economics.”
5.2 Sorin Investments’ Comments
Sanjay Nayar from Sorin Investments praised Uniqus’ proven execution capabilities and noted that the company is well ahead of competitors in meeting the growing demand for tech-enabled consulting.
7. Background Story: How Uniqus Started Its Journey
6.1 Vision and Early Days
Jamil Khatri and Sandip Khetan noticed a clear gap in consulting services: the lack of tech-driven approaches. Traditional firms were slow to change. Seeing this, they built Uniqus on the backbone of technology, global delivery, and unmatched domain expertise.
6.2 Milestones Achieved
In just three years:
- Expanded into North America and the Middle East
- Built four proprietary platforms
- Achieved profitability
- Set a revenue target of $100 million by 2026
Their journey is a strong example of how startups can challenge entrenched players with innovation and agility.
8. Future Roadmap
7.1 Global Expansion
Uniqus plans to double down on its North American presence by opening new offices in Chicago and Austin, in addition to existing locations in New York and Silicon Valley.
7.2 AI Development
A significant chunk of the $20 million funding will fuel the development of Uniqus AI, aiming to leverage GenAI models to transform consulting delivery further.
9. Learning for Startups and Entrepreneurs
Key Takeaways:
- Innovate to Stand Out: Traditional industries like consulting still have room for innovation. Bringing in tech solutions can disrupt even well-established sectors.
- Focus on Profitability Early: Despite aggressive growth, Uniqus remained profitable. This makes them more attractive to investors.
- Listen to Customers: Expanding services based on existing clients’ needs is a great strategy to grow organically.
- Invest in Proprietary Technology: Building unique tech assets like UniQuest and Risk UniVerse gives Uniqus a competitive advantage hard to replicate.
- Think Global, Act Local: While having a global vision, opening offices in targeted regions has helped Uniqus grow sustainably.
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