New Investor to Power Unit8 European Ambitions

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08.12.2022
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Unit8 and Sagard NewGen announce an investment by Sagard NewGen in Unit8 to accelerate its next phases of growth. Sagard NewGen becomes a minority shareholder in Unit8 to help fulfill a vision shared with Unit8 management to build a leading European data, analytics, and AI consulting firm.

Founded in 2017, Unit8 is a leading Swiss data services company with a mission to help its clients turn data into value with a mix of data science, analytics, and AI. Unit8 operates at the intersection of technology and business to accompany its customers at every step of their data & AI journey by offering end to end portfolio of services (Consulting & Strategic Advisory, Data & AI Solutions, Data & AI Platforms, Data Operations, and MLOps).

Unit8 is a trusted partner to 25+ international large-cap clients based in Europe and North America, including Daimler, Firmenich, Merck, and WWF. Unit8 has a positive track record of having delivered over 125 data & AI projects. In 2022, the company was recognised as the “Fastest Growing Firm” in Switzerland by the Financial Times.

Unit8’s management and Sagard NewGen share the ambition to build a leading European data, analytics, and AI consulting firm, leveraging the strong technical skills of the Unit8 team, delivery excellence, and the company’s track record in the fast-growing data, analytics, and AI market.

Sagard NewGen supports the development of leaders in the Technology and Healthcare sectors. It finances the growth strategy of profitable European companies with revenues of up to €150 million through both majority and minority equity investments. The companies it invests in share its commitment to innovation and sustainability.

Dr. Marcin Pietrzyk, CEO, and Co-Founder says, “Following five years of strong growth, we are delighted to welcome Sagard NewGen as a partner for the new phase in Unit8’s development. We remain committed to our joint vision of establishing a leading data, analytics, and AI company in Europe. While doing so, we will accelerate the scaling of the company by further structuring our portfolio, we will push to hire the best talent and we want to advance our international growth. Michal Rachtan, CTO and Co-Founder, adds “ At the same time we will keep what makes us unique – our DNA and company culture while delivering the best quality services, and keeping an absolute commitment to our clients. We are very excited to pursue our mission with Sagard NewGen to help our clients turn data into value with a mix of data science, advanced analytics, and AI.”

Guillaume Lefebvre, Partner at Sagard NewGen says: “We are very proud to partner with Unit8’s outstanding management team in this new development phase. Sagard will put all of its resources at the company’s disposal, leveraging our expertise in supporting tech companies, our deep ecosystem in AI/ML and our strong commercial network, to bolster Unit8’s organic growth internationally. Agnès Huyghues Despointes, Partner at Sagard NewGen adds, “We are eager to actively support the company and to work alongside Dr. Marcin Pietrzyk, Michal Rachtan, and their management team.”

(Press release)

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