UiPath

othersartificial intelligence/machine learning

FOUNDING YEAR: 2012
LOCATION: Romania
Last Update: 01/05/2020

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About

UiPath provides a robotic process automation software platform to help organizations to efficiently automate their business processes such as HR, finance, accounting, and operations, etc. by leveraging computer vision technology.

Focus

PRODUCTS & SERVICES

Robotic Process Automation Software for enterprises.

MAIN CLIENTS

The company has over 200 customers globally in industries ranging from banking

financial services

insurance

manufacturing

utilities

healthcare

and government sectors such as BMW Group

CenturyLink

Dairy Farm Group

Dentsu Inc.

Huawei

Morningstar and Sumitomo Mitsui Financial Group.

EXISTING PARTNERSHIPS

The company has over 150 partners including major consultancies such as Deloitte and Capgemini (Apr 2017).

Traction

VALUATION / MARKET CAP:

$1 B in 2018

VALUATION COMMENT:

The company had an estimated value of $1Billion in 2018

REVENUE

$10M+ in 2018

REVENUE COMMENT:

The company has estimated $200 million in annual recurring revenue

People

FOUNDERS

Daniel Dines

BOARD MEMBERS AND ADVISORS

Dan Lupu

NUMBER OF EMPLOYEES

51-200

INVESTORS:

Accel Partners

Credo Ventures

Earlybird Venture Capital

Seedcamp

KEY EMPLOYEES:

Daniel Dines(CEO); Marius Tirca(CTO)

Momentum

FUNDED

YES

TOTAL FUNDING

$30 M

DATE OF LAST FUNDING

Mar 2018

TOTAL FUNDING COMMENT

The company is planning to use the funds to accelerate its product roadmap, particularly innovations that integrate machine learning (ML) and artificial intelligence (AI) algorithms within customers’ digital business operations and continue the expansion of its global operations (March 2018).

SEED CLOSED ON

Jul 2015

SEED PRIOR FUNDING COMMENT

An undisclosed seed fund raised in Jul 2015.

FUNDING SERIES

SERIES A  · $30 M  · Apr 2017

SERIES B  · ---  · Mar 2018

LISTED

NO

Innovation Programs

BASICS

FOUNDING YEAR:

2012

LOCATION:

Romania

Views:

119 VISITORS | 212 VIEWS
LATEST FUNDING ROUND

$30 M

TOTAL EMPLOYEES
51-200

About

UiPath provides a robotic process automation software platform to help organizations to efficiently automate their business processes such as HR, finance, accounting, and operations, etc. by leveraging computer vision technology.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

Focus+
Momentum+
Traction+
People+
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Innovation Programs

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