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From Bucharest to Wall Street, UiPath's meteoric growth

2021-04-04T21:34:40.123Z


Born in Romania, the company is launched on the New York Stock Exchange. It is valued at $ 35 billion.


It is one of Europe's best-funded technology companies to storm the New York Stock Exchange.

Two months after its last fundraising of 750 million dollars - which valued it 35 billion dollars - the start-up of Romanian origin UiPath filed an introductory file on the New York Stock Exchange with the American financial policeman , the Securities and Exchange Commission.

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Unknown to the general public, the Romanian start-up UiPath has been going very quickly since its first fundraising in 2017. It sells software platforms, based on artificial intelligence technologies, to companies in all sectors, to automate time-consuming tasks and repetitive business processes (updating databases, extracting information, etc.), thus freeing up more useful time for the human brain.

However, in their digital transformation movement, companies have been focusing for several years on the automation, in the broad sense, of

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Source: lefigaro

All news articles on 2021-04-04

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