UiPath was founded in 2005 by Marius Tirca and Daniel Dines. In an interview with Bloomberg in February 2020, while discussing an IPO CEO Daniel Dines noted “there’s no reason to hurry,” though he acknowledged “you have to become a public company at some point to allow your employees to get more liquidity…we’re almost there.” These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
UiPath develops Robotic Process Automation software which helps organizations efficiently automate business processes. The company has raised nearly $1.23 billion in Venture Capital funding from investors including Base partners, Alkeon, Tencent, Tiger Global Management, Coatue Management, Dragoneer Investment Group, Geodesic Capital, Greenspring Associates, IVP, Madrona Venture Group, Meritech Capital Partners, Sequoia Capital, CapitalG, Kleiner Perkins, Accel, and Earlybird Venture Capital. Per company press releases, UiPath last raised $225 million in July 2020 at a post-money valuation of $10.2 billion.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
02/01/2021 | Series F | $750MM | $xx.xx | $34.86B | Alkeon, Coatue Management, Altimeter Capital, Dragoneer Investment Group, IVP, Sequoia Capital, Tiger Global Management, T. Rowe Price | |
Price per Share
$xx.xx
Shares Outstanding
12,043,202
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Alkeon, Coatue Management, Altimeter Capital, Dragoneer Investment Group, IVP, Sequoia Capital, Tiger Global Management, T. Rowe Price
|
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07/13/2020 | Series E | $225MM | $xx.xx | $10.27B | Alkeon, Accel, Coatue Management, Dragoneer Investment Group, IVP, Madrona Venture Group, Sequoia Capital, Tencent, Tiger Global Management, Wellington Drive Technologies, T. Rowe Price | |
Price per Share
$xx.xx
Shares Outstanding
12,101,029
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Alkeon, Accel, Coatue Management, Dragoneer Investment Group, IVP, Madrona Venture Group, Sequoia Capital, Tencent, Tiger Global Management, Wellington Drive Technologies, T. Rowe Price
|
||||||
04/30/2019 | Series D-2 | $131MM | $xx.xx | $7.03B | Accel, CapitalG, Coatue Management, Dragoneer Investment Group, IVP, Madrona Venture Group, Sands Capital Ventures, Sequoia Capital, Wellington Drive Technologies | |
Price per Share
$xx.xx
Shares Outstanding
9,986,862
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Accel, CapitalG, Coatue Management, Dragoneer Investment Group, IVP, Madrona Venture Group, Sands Capital Ventures, Sequoia Capital, Wellington Drive Technologies
|
||||||
04/30/2019 | Series D-1 | $452.6MM | $xx.xx | $7.03B | Accel, CapitalG, Coatue Management, Dragoneer Investment Group, IVP, Madrona Venture Group, Sands Capital Ventures, Sequoia Capital, Wellington Drive Technologies | |
Price per Share
$xx.xx
Shares Outstanding
34,504,224
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Accel, CapitalG, Coatue Management, Dragoneer Investment Group, IVP, Madrona Venture Group, Sands Capital Ventures, Sequoia Capital, Wellington Drive Technologies
|
||||||
11/16/2018 | Series C-2 | $105MM | $xx.xx | $3B | Accel, CapitalG, IVP, Madrona Venture Group, Meritech Capital Partners, Sequoia Capital | |
Price per Share
$xx.xx
Shares Outstanding
16,459,311
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Accel, CapitalG, IVP, Madrona Venture Group, Meritech Capital Partners, Sequoia Capital
|
||||||
11/16/2018 | Series C-1 | $125.2MM | $xx.xx | $3B | Accel, CapitalG, IVP, Madrona Venture Group, Meritech Capital Partners, Sequoia Capital | |
Price per Share
$xx.xx
Shares Outstanding
19,625,772
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Accel, CapitalG, IVP, Madrona Venture Group, Meritech Capital Partners, Sequoia Capital
|
||||||
03/06/2018 | Series B-2 | $35MM | $xx.xx | $1.1B | Accel, CapitalG, Credo Ventures, Earlybird Venture Capital, Kleiner Perkins, Seedcamp | |
Price per Share
$xx.xx
Shares Outstanding
12,972,030
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Accel, CapitalG, Credo Ventures, Earlybird Venture Capital, Kleiner Perkins, Seedcamp
|
||||||
03/06/2018 | Series B-1 | $118MM | $xx.xx | $1.1B | Accel, CapitalG, Credo Ventures, Earlybird Venture Capital, Kleiner Perkins, Seedcamp | |
Price per Share
$xx.xx
Shares Outstanding
43,734,270
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Accel, CapitalG, Credo Ventures, Earlybird Venture Capital, Kleiner Perkins, Seedcamp
|
||||||
05/09/2017 | Series A-2 | $1.6MM | $xx.xx | $109.63MM | Credo Ventures, Earlybird Venture Capital, Roland Manger, Seedcamp | |
Price per Share
$xx.xx
Shares Outstanding
48,000,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Credo Ventures, Earlybird Venture Capital, Roland Manger, Seedcamp
|
||||||
05/09/2017 | Series A-1 | $29.63MM | $xx.xx | $8.6MM | Accel, Credo Ventures, Earlybird Venture Capital, Seedcamp | |
Price per Share
$xx.xx
Shares Outstanding
96,825,090
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Accel, Credo Ventures, Earlybird Venture Capital, Seedcamp
|