Automation Anywhere was founded in 2003 by Mihir Shukla, Ankur Kothari, Neeti Mehta, and Rushabh Parmani. In a November 2019 interview with The National, CRO Ankur Kothari noted that the company is actively “…placing a robust governance structure to ensure we are ready to go public anytime.” These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Automation Anywhere develops enterprise Robot Process Automation ("RPA") software. The company has raised approximately $850 million in Venture Capital funding from investors including Salesforce Ventures, Workday Ventures, General Atlantic, Goldman Sachs, SoftBank, New Enterprise Associates, and World Innovation Lab. Per company press releases, Automation Anywhere last raised $290 million in November 2019 at a post-money valuation of $6.8 billion.