UiPath’s R. Subramaniam: Three Years for Seed to Germinate, Now it is the Latest Unicorn in Town

THE BILLION DOLLAR CLUB

UiPath’s R. Subramaniam: Three Years for Seed to Germinate, Now it is the Latest Unicorn in Town

The latest unicorn in the tech world is UiPath. The company is currently valued at US$1.1 billion after they’ve raised US$153 million in Series B for being in the Robotic Process Automation or RPA business. AWANI Review’s Ibrahim Sani speaks to UiPath CEO of APAC (ex-Japan) and India Raghunath Subramanian on the progress of RPA.

UiPath, a leading enterprise robotic process automation (RPA) software company, has raised US$153 million in Series B funding following a year of record growth. Launched in 2015, UiPath is the most widely used Enterprise RPA platform in the world. In 2017, UiPath’s enterprise customer base grew from less than 100 to more than 700, resulting in 8x growth in annual recurring revenue. Launched in 2015, UiPath has become the most widely adopted Enterprise RPA platform. “The company’s software enables the rapid design...

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