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Shay Levi, Co-Founder & CEO of Unframe $100M total contract value in 12 months 400% Net Revenue Retention Former Co-Founder & CTO, Noname Security - $500M Akamai exit Unit 8200 alumnus $100M raised: $50M Series A + $50M Series B #2, Calcalist 50 Most Promising Startups 2026 Enterprise AI solutions deployed in days, not months Shay Levi, Co-Founder & CEO of Unframe $100M total contract value in 12 months 400% Net Revenue Retention Former Co-Founder & CTO, Noname Security - $500M Akamai exit Unit 8200 alumnus $100M raised: $50M Series A + $50M Series B #2, Calcalist 50 Most Promising Startups 2026 Enterprise AI solutions deployed in days, not months
Shay Levi, Co-Founder & CEO of Unframe
Founder Profile

Shay
Levi

Co-Founder & CEO · Unframe · Cupertino, CA

The man who saw $500M in the rearview and drove straight past it.

$500M
Noname Security exit
$100M
Unframe TCV, yr one
400%
Net Revenue Retention
#2
Calcalist Most Promising '26

Already mid-stride

In late 2022, while large language models were still a curio for researchers, Shay Levi looked at the CIO landscape and saw a traffic jam forming two years out.

The idea arrived before Unframe existed. Levi was still co-founder and CTO at Noname Security, a company he had helped build from a whiteboard sketch into one of the fastest-growing API security platforms in the world - 250 people, $40M ARR, a trajectory that would end in a roughly $500 million acquisition by Akamai. But a different problem had lodged itself in his thinking.

He describes what he saw plainly: "I basically recognized that enterprises will definitely want to adopt AI, but I kind of foresaw that they were going to struggle." The diagnosis wasn't complicated. Enterprise software is rigid. AI is fast. The collision was obvious to anyone paying close attention to both sides simultaneously. Levi was paying very close attention.

He waited. He watched. He expected someone to build the solution he was already sketching in his head. By late 2023, it was clear that no one was building it at the speed and scale the market needed. He left Noname - before the Akamai acquisition discussions even started - and in January 2024 co-founded Unframe with two colleagues who had walked the same halls at Noname: Larissa Schneider, who became COO, and Adi Azarya, who took VP of R&D.

The founding team is not a coincidence. Three people who had already built something hard together, shipping quickly under pressure, choosing to bet on each other again. That pattern - trust built through shared scar tissue - shows up in how Unframe operates.

Enterprises didn't just need access to AI. They needed a platform that gave them control, speed, and flexibility at the same time.

- Shay Levi, Co-Founder & CEO, Unframe
The Founding Insight 95% of independent enterprise AI projects fail. Unframe was built specifically to fix that number - by treating AI deployment as an infrastructure problem, not a software problem.

Unframe emerged from stealth on April 3, 2025, announcing a $50M Series A backed by Bessemer Venture Partners, TLV Partners, Craft Ventures, Third Point Ventures, SentinelOne Ventures, Cerca Partners, and Terra Nova Ventures. The announcement dropped alongside something more compelling than a press release: $100M in total contract value, booked in the company's first year of selling. By May 2026, a $50M Series B led by Highland Europe closed, and Calcalist ranked Unframe #2 on its list of Israel's 50 most promising startups.

The metric everyone keeps pointing to is the 400% net revenue retention. That number means existing Unframe customers are, on average, spending four times what they started with. In enterprise SaaS, NRR above 120% is considered excellent. 400% is a different category of signal - it suggests that customers aren't just renewing, they are expanding aggressively because the product keeps finding new problems to solve.

The product itself is built around a simple premise: stop asking enterprises to figure out AI and start delivering working outcomes. Unframe provides AI agents, data abstraction, observability, and modernization capabilities packaged as a complete platform. The company calls its delivery model "Blueprints" - structured collaborations with large enterprises that get a working AI solution deployed in days, not the industry-standard months. Customers span financial services, insurance, real estate, telecom, industrial, and compliance-heavy sectors.

$500M
Noname Security
Akamai Acquisition
$100M
Total Funding
Raised at Unframe
400%
Net Revenue
Retention (NRR)
12mo
Months to
$100M TCV

From Unit 8200 to the enterprise AI stack

The thread connecting Levi's career isn't obvious until you pull it. Unit 8200, the Israeli Intelligence Corps' premier cyber and signals intelligence unit, produces a specific type of engineer: someone comfortable with incomplete information, high stakes, and building systems that have to work on first deployment. There are no do-overs in intelligence work. That mindset doesn't disappear when you leave the military.

After four years in 8200, Levi moved through Facebook as a senior software engineer, then to ironSource as an R&D team leader, then CTO at Vidoplay. Each role added a different lens: consumer scale at Facebook, operational discipline at ironSource, the pressure of a CTO chair at a subsidiary. By 2020, he had enough conviction - and enough of a network - to co-found Noname Security with a clear thesis about the API security gap in enterprise infrastructure.

Noname Security validated the thesis in spectacular fashion. The company scaled from zero to $40M ARR, built a 250-person team, and was recognized with a Top 10 Cybersecurity Expert designation at the Black Unicorn Awards in 2021. When Akamai came knocking with a ~$500M offer, it was one of the notable Israeli cybersecurity exits of its era.

But Levi had already moved on, mentally. The AI wave was coming. He had been watching it from 2022, and by January 2024, he was done waiting for someone else to surf it.

Career Timeline

2010-2014
Cyber & R&D Software Engineer, Israeli Intelligence Corps (Unit 8200)
2014-2016
Senior Software Engineer, Facebook
2016-2017
R&D Team Leader, ironSource
2016-2018
CTO, Vidoplay (Somoto subsidiary)
2020-2024
Co-Founder & CTO, Noname Security - scaled to $40M ARR and 250-person team
2024
Noname Security acquired by Akamai for ~$500M
Jan 2024
Co-founded Unframe with Larissa Schneider and Adi Azarya
Apr 2025
Unframe emerged from stealth with $50M Series A; $100M TCV booked in year one
May 2026
Unframe raised $50M Series B; ranked #2 Calcalist Most Promising Startups

What Unframe actually does

Company
Founded
January 2024
Headquarters
Cupertino, CA (also Tel Aviv, Berlin)
Employees
130+
Total Raised
$100M ($50M Series A + $50M Series B)
Investors
Bessemer, Highland Europe, TLV Partners, Craft Ventures
Revenue Target
$50M ARR by end of 2026
NRR
400% - industry benchmark is 120%

The core of Unframe's pitch is almost annoyingly simple: enterprise AI projects fail because they're treated as software projects. They require months of scoping, integration work, and custom development before anyone sees a result. By the time a pilot is ready, the business requirement has shifted or the CIO has lost patience.

Unframe inverts this. The company arrives with pre-built AI Blueprints - structured templates that cover common enterprise use cases like document processing, compliance reporting, lease abstraction, fraud detection, and knowledge extraction. Instead of building from scratch, the platform connects to existing enterprise data sources and deploys working solutions in days.

The platform is model-agnostic, on-premise capable, and built with data security as a non-negotiable rather than an add-on. For regulated industries - finance, insurance, healthcare adjacent, legal - that matters enormously. It's also why 400% NRR is possible: once a customer trusts the platform with one workflow, the playbook for the next twenty workflows already exists inside their own Unframe deployment.

Net Revenue Retention400%
TCV Target Progress (yr 1)$100M
ARR progress to $50M target$10M+ and climbing
Calcalist Ranking (Most Promising)#2 of 50

Industry Context

  • Standard enterprise SaaS NRR benchmark: 120%
  • Unframe NRR: 400% - 3.3x the benchmark
  • Typical enterprise AI pilot timeline: 6-12 months
  • Unframe deployment target: days
  • Enterprise AI project failure rate: ~95%
  • Total funding raised: $100M across Series A & B

The way he thinks

On enterprise AI reality

"One of the biggest challenges has been cutting through the AI hype to deliver real, enterprise-grade value."

On why he left Noname

"I actually left Noname before the acquisition discussions started. What I saw was a massive wave coming - CIOs were under pressure to adopt AI fast, but the tooling available to them just wasn't enterprise-ready."

On culture at speed

"At Unframe, we've been intentional about creating a culture of ownership, pace, and honesty. We move fast, we listen hard, and we push each other to be better every day."

We've stayed focused on outcomes, not buzzwords - partnering closely with customers to solve meaningful problems at speed and scale for day 1.

- Shay Levi, on Unframe's go-to-market philosophy

What he's actually done

2x

Serial founder, both companies in enterprise infrastructure

$40M

Noname Security ARR at exit

250+

Team size built at Noname Security

Top 10

Black Unicorn Cybersecurity Expert Award, 2021

Key achievements

  • Co-founded Noname Security; scaled to $40M ARR and 250-person team before ~$500M Akamai acquisition
  • Co-founded Unframe in January 2024; reached $100M TCV within first 12 months of selling
  • Raised $100M in total funding across Series A and Series B at Unframe
  • 400% NRR - rare metric that signals deep customer expansion behavior
  • Ranked #2 in Calcalist's 50 Most Promising Startups of 2026
  • Named Top 10 Cybersecurity Expert 2021 at Black Unicorn Awards
  • Unit 8200 alumnus - same program as founders of Check Point, CyberArk, and dozens of unicorns
Unit 8200 Alum Noname Security Co-Founder $500M Akamai Exit Unframe Co-Founder & CEO $100M TCV Year One 400% NRR Black Unicorn Award 2021 #2 Calcalist 2026 Bessemer Portfolio Series B Funded

Hear it directly

What you don't read in the press release

🎯

Built the same team twice

Unframe's founding trio - Levi, Schneider, and Azarya - all came from Noname Security. When you find collaborators you trust under pressure, you don't look elsewhere.

The two-year wait

Levi had Unframe's idea in late 2022. He waited over a year for someone else to build it. When they didn't, he did. The delay gave him time to see exactly what the market needed.

📡

Twitter since 2009

His @shaylevi2 Twitter handle predates most of the enterprise AI wave by nearly a decade. He was watching the internet develop before he was building for it.

🔬

The 400% signal

Industry-standard NRR for strong SaaS is 120%. Unframe's 400% means customers aren't just renewing - they're deploying Unframe across more use cases than they originally scoped.

🏗️

Days, not months

The "delivered in days" claim is backed by $100M in customer contracts. When implementation speed is a product feature, customers notice.

🌍

Three-country operation

Cupertino HQ, Tel Aviv R&D, Berlin office. Unframe operates across time zones from day one - a reflection of its Israeli founding DNA in global enterprise sales.