UiPath Raises $750M in Series F
UiPath has successfully raised $750M in a Series F at a $35B valuation led by Alkeon Capital.
Company Overview
UiPath is a Enterprise Software company headquartered in New York, NY, founded in 2005 with 4000+ employees.
Robotic process automation
Fundraising Details
- Amount Raised: $750M
- Round Type: Series F
- Valuation: $35B
- Date: 2024-02-01
- Investors: Alkeon Capital
About UiPath
Robotic process automation The company is positioned in the Enterprise Software sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: New York, NY
- Founded: 2005
- Team Size: 4000+
- Industry: Enterprise Software
What This Means
This funding round demonstrates strong investor confidence in UiPath's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Enterprise Software sector continues to attract significant investment as companies innovate to meet evolving market demands. UiPath's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $35B valuation marks an important milestone for UiPath, positioning the company among notable players in the Enterprise Software industry.
Looking Ahead
With this new capital, UiPath is well-positioned to execute on its growth strategy and continue building innovative solutions in the Enterprise Software space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
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This fundraising news was reported on 2024-02-01. For more information about UiPath, visit their headquarters at New York, NY.
