Technology

As UiPath closes above its final private valuation, CFO Ashim Gupta discusses his company’s path to market

3 years ago

Anonymous $4BDEsVAtYS

https://techcrunch.com/2021/04/21/as-uipath-closes-above-its-final-private-valuation-cfo-ashim-gupta-discusses-his-companys-path-to-market/

After an upward revision, UiPath priced its IPO last night at $56 per share, a few dollars above its raised target range. The above-range price meant that the unicorn put more capital into its books through its public offering.
For a company in a market as competitive as robotic process automation (RPA), the funds are welcome. In fact, RPA has been top of mind for startups and established companies alike over the last year or so. In that time frame, enterprise stalwarts like SAP, Microsoft, IBM and ServiceNow have been buying smaller RPA startups and building their own, all in an effort to muscle into an increasingly lucrative market.

As UiPath closes above its final private valuation, CFO Ashim Gupta discusses his company’s path to market

Apr 21, 2021, 11:24pm UTC

$4BDEsVAtYS

https://techcrunch.com/2021/04/21/as-uipath-closes-above-its-final-private-valuation-cfo-ashim-gupta-discusses-his-companys-path-to-market/ > After an upward revision, UiPath priced its IPO last night at $56 per share, a few dollars above its raised target range. The above-range price meant that the unicorn put more capital into its books through its public offering. > For a company in a market as competitive as robotic process automation (RPA), the funds are welcome. In fact, RPA has been top of mind for startups and established companies alike over the last year or so. In that time frame, enterprise stalwarts like SAP, Microsoft, IBM and ServiceNow have been buying smaller RPA startups and building their own, all in an effort to muscle into an increasingly lucrative market.