ipo_page_title
get_ready_to_trade_itUiPath Inc
instrument_page_subtitle
instrument_page_trade_online_at
general_info_on UiPath
about_the_company
name
UiPath
industry
Robotic Process Automation, AI, Automation
employees
3,001 - 4,000
founding_year
2005
ticker
UiPath
filing_information
ipo_file_date
25/03/2021
nr_of_shares
24,474,393
price
$52 - $54
exchange
New York Stock Exchange
bookrunners
Morgan Stanley, JP Morgan, Bank of America Securities, Credit Suisse, Barclays, Wells Fargo Securities
Who is UiPath?
UiPath is a global software company that develops a platform for robotic process automation (RPA). The company founded in 2005 in Bucharest by Daniel Dines and Marius Tîrcă is now based in New York, and it operates at a global level, with branches in 25 countries, including France, UK, and Japan.
The company became one of the fastest-growing software providers, having an 81% increase in revenues in the past year to $607.6 million.
UiPath IPO statistics
The company aims to raise $1 billion in the IPO. According to MarketWatch, UiPath could be valued at up to $25.8 billion upon its debut.
What is UiPath valuation?
UiPath raised $2 billion in funding over eight rounds, the latest being on February 1, 2021, of $750 million. It reached a post-money valuation of $35 billion, being one of the most valuable privately held businesses in the US. Over the years, it purchased three companies, the most recent one being Cloud Elements, on March 23, 2021.
Basic info about UiPath
- Alkeon Capital and Tiger Global Management are UiPath’s most recent investors
- UiPath clients made up 80% of the Fortune Global 5000, including Deloitte, EY, PWC, and Fitch Ratings
- It was named to the CNBC 2020 Disruptor 50 ranking
- In November 2020, it was ranked first in the Deloitte Technology Fast 500
Sources: Bloomberg.com, marketwatch.com, sec.gov, techcrunch.com
summary
ticker
PATH
price
$52 - $54
exchange
New York Stock Exchange
bookrunners
Morgan Stanley, JP Morgan, Bank of America Securities, Credit Suisse, Barclays, Wells Fargo Securities
key_points
ipo_quick_overview UiPath ipoUiPath
ipo_trading_online
sneak_peak UiPath ipo sneak_peak
see_why_traders_seek_and_cherich_ipos
status
ipo_status_available
ipo_date
April 2021
price
$52 - $54
previous_ipos
see_a_track_record_of_the_most_significant_ipos_of_the_past
most_aniticipated_ipos_of_2022
ipo_anticipated_subtitle