UiPath CEO says the startup raised $225 million in Series E funding - Business Insider

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Hot AI startup UiPath just raised $225 million, lifting its valuation to $10.2 billion, as its CEO eyes an IPO in early 2021

UiPath raised $225 million in a Series E venture funding, the company said on Monday, boosting its overall valuation to $10.2 billion.

CEO Daniel Dines says the startup is still on track to go public early next year and plans to use the investment for expansion and to prepare for market uncertainties, especially as the coronavirus crisis continues to rage. UiPath raised another $225 million in venture funding, the company said Monday, boosting the automation startup's overall valuation to $10.2 billion.

 

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