RPA Company UiPath Files to Go Public


December 18, 2020
Monetary experiences, information

UiPath

UiPath, a New York-based robotic course of automation firm, has filed in confidentiality with the Securities and Trade Fee a draft registration assertion for its proposed public providing.

The software program firm introduced Thursday that it has not but decided the variety of shares and the value vary for its proposed providing of its Class A standard inventory, which can start after the SEC’s assessment course of is accomplished.

UiPath introduced in July that it had raised $ 225 million within the Collection E funding spherical. The corporate mentioned on the time that it might use the funding to advance its hyper-automation platform, conduct analysis and improvement, and broaden its cloud providing.

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