UiPath raises IPO range, still targets lower valuation than final private round

UiPath raises IPO range, still targets lower valuation than final private round

3 years ago
Anonymous $4BDEsVAtYS

https://techcrunch.com/2021/04/19/uipath-raises-ipo-range-still-targets-lower-valuation-than-final-private-round/

Robotic process automation unicorn UiPath is set to go public this week, concentrating our focus on its value.

The well-known company was last valued on the private markets at $35 billion in February when it closed a $750 million round. Living up to that price as a public company, however, at least when it comes to its formal IPO price, is proving to be challenging.