Unleash, the leading open-source FeatureOps platform, has raised $35 million in Series B funding led by One Peak, with participation from existing investors Spark Capital, Frontline Ventures, and Firstminute Capital. The investment will fuel product innovation and global expansion as enterprises seek to balance the speed of AI-accelerated development with operational safety and governance.
Unleash is addressing a critical challenge in modern software development: AI has dramatically increased code velocity, enabling enterprises to ship applications 2-3x faster, but traditional governance and release controls have not kept pace. This mismatch has led to higher outage risks from uncontrolled feature rollouts and missing rollback mechanisms, resulting in significant revenue loss, customer downtime, and brand damage.
FeatureOps emerges as the essential operational layer, providing real-time visibility, control, and recovery capabilities. Unleash’s open-source platform allows teams to manage what features are live, who sees them, and how quickly they can be rolled back—ensuring stability even as AI accelerates development.
“When AI-generated code is in production, and something breaks, every minute of downtime costs you revenue and customers,” said Egil Østhus, CEO and co-founder. “You need the ability to diagnose, fix, and recover immediately. The Unleash open-source FeatureOps platform gives you that control, and we’ve proven it works in the world’s most highly regulated industries."
“Developers are still the ones who get called at 2 am when something goes wrong,” said Ivar Østhus, CTO and creator of Unleash. “You've got engineers shipping faster than ever, but also more stressed than ever because they have less visibility into what's actually running in production. We give them that visibility so they can still move fast, but they know exactly what’s live and can release it or kill it in seconds.”
Unleash has established itself as the world’s largest open-source FeatureOps platform, with over 13,000 GitHub stars and 40 million downloads. It serves as a system of record for high-compliance organizations that must reconcile AI speed with enterprise-grade governance.
“At Wayfair, code velocity has exploded. Developers are pushing huge amounts of AI-assisted code, and reviews are moving to production quicker than ever. But here's the paradox: speed is up, but reliability is down. AI is accelerating risk because it is almost impossible for QA teams to keep up. This is where FeatureOps comes in. At our scale, a single unchecked release could cause major revenue loss,” said Kiriti Dhanai, Site Reliability Engineer, Wayfair at UnleashCon.
Since its 2022 Series A, Unleash has doubled annual recurring revenue for three consecutive years (140% NRR), surpassed 500 paying customers, and rapidly expanded in regulated sectors such as financial services and global retail.
The Series B will drive advancements in autonomous end-to-end feature management and full-stack experimentation, delivering the industry’s first fail-safe release infrastructure. This bridges the gap between AI-driven development speed and human accountability, enabling organizations to innovate confidently at scale.
“AI is transforming the way and speed at which software is built, and the enterprises that win will be the ones that can harness that speed effectively,” said Christoph Mayer, Partner at One Peak. “Unleash provides the control layer that allows companies to innovate faster while maintaining governance and reliability. That combination is incredibly powerful.”
Unleash continues to position FeatureOps as a foundational category for organizations scaling AI-generated software, empowering engineering teams to ship faster, safer, and smarter in an AI-accelerated world.
About Unleash
Unleash is the enterprise FeatureOps platform that brings Autonomous Feature Management to modern software delivery. Built for the AI era, Unleash gives organizations real-time control over how software behaves in production, enabling controlled releases, full-stack experimentation, and surgical rollbacks at scale. Trusted by enterprises including Lloyds Bank, Prudential, Wayfair, Lenovo, and Mercadona, Unleash supports the scale and operational complexity of the world’s largest and most innovative organizations.
About One Peak
One Peak is a leading growth equity firm with $4bn in assets under management that invests in technology companies in the scale-up phase. One Peak provides growth capital, operating expertise, and access to its extensive network of exceptional entrepreneurs, with a view to help transform innovative and rapidly growing businesses into lasting, category-defining leaders.
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