What is UiPath?
Founded in 2005 and headquartered in New York, UiPath specializes in the development of intelligent robotic software designed to streamline business processes. The company operates at the intersection of artificial intelligence and enterprise software, providing a comprehensive platform that allows organizations to automate repetitive tasks, thereby freeing human capital for higher-value strategic initiatives. As a leader in the automation space, UiPath has successfully positioned its technology as an essential component of the modern digital enterprise, enabling seamless integration across diverse IT environments and legacy systems.
How much funding has UiPath raised?
UiPath has raised a total of $3.3B across 7 funding rounds:
Series A
$30M
Series B
$153M
Series C
$265M
Series D
$568M
Series E
$225M
Series F
$750M
Stock Offering
$1.3B
Series A (2017): $30M with participation from Seedcamp, Accel, Credoventures, and Earlybird Venture Capital
Series B (2018): $153M led by Accel
Series C (2019): $265M supported by Steamboat Ventures and CapitalG
Series D (2019): $568M featuring CapitalG, Sands Capital Ventures, Accel, T. Rowe Price & Associates, Sequoia Capital, Coatue Management, IVP, Dragoneer Investment Group, Wellington Management Company, and Madrona Venture Group
Series E (2020): $225M backed by Tencent, Tiger Global, T. Rowe Price Associates, Steamboat Ventures, Dragoneer Investment Group, Coatue Management, Madrona Venture Group, IVP, Wellington Management Company, and Accel
Series F (2021): $750M with participation from Coatue, Tiger Global, T. Rowe Price Associates, Steamboat Ventures, Alkeon Capital Management, Altimeter Capital, IVP, and Dragoneer Investment Group
Stock Issuance/Offering (2021): $1.3B, investors not publicly disclosed
Key Investors in UiPath
Accel
A prominent venture capital firm with a long-standing history of supporting high-growth technology companies from their early stages through to global market leadership.
Coatue Management
An employee-owned hedge fund sponsor that provides significant capital to private and public technology firms, leveraging deep expertise in global equity markets.
T. Rowe Price Associates
A global investment management firm that provides institutional-grade capital and research-driven support to high-growth enterprises across various sectors.
What's next for UiPath?
With a substantial capital base, UiPath is well-positioned to accelerate its product roadmap, focusing on deeper AI integration and the expansion of its cloud-native automation capabilities. The company's strategic focus remains on maintaining its market leadership by scaling its global footprint and enhancing its partner ecosystem. As the enterprise demand for intelligent automation continues to rise, UiPath is expected to leverage its recent financing to drive further innovation in machine learning and cognitive automation, ensuring it remains the preferred partner for organizations undergoing large-scale digital modernization.
See full UiPath company page