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UiPath raised $568m Series D funding round led by Dragoneer and Coatue.

Synopsis

UiPath, a leading robotic process automation (RPA) software company, raised $568m Series D funding round led by Dragoneer and Coatue. Daniel Dines, UiPath Co-founder and CEO, said: "We are at the tipping point. Business leaders everywhere are augmenting their workforces with software robots, rapidly accelerating the digital transformation of their entire business and freeing employees to spend time on more impactful work. UiPath is leading this workforce revolution, driven by our core determination to democratize RPA and deliver on our vision of a robot helping every person. I am humbled by the amazing support our customers, partners and investors give us every day, inspiring us to work harder to evolve RPA as the platform that not only unlocks the true potential of AI, but also other emerging technologies. We are just getting started."

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