UiPath, Inc.

General Information

Our mission is to unlock human creativity and ingenuity by enabling the fully automated enterpriseTM and empowering workers through automation. Our platform is designed to transform the way humans work. We provide our customers with a robust set of capabilities to discover automation opportunities and build, manage, run, engage, measure, and govern automations across departments within an organization. Our platform leverages the power of artificial intelligence – or AI-based computer vision to enable our software robots to perform a vast array of actions as a human would when executing business processes. These actions include, but are not limited to, logging into applications, extracting information from documents, moving folders, filling in forms, and updating information fields and databases. 

As of Jan. 31, 2020, we had 6,009 customers, including 80% of the Fortune 10 and 61% of the Fortune Global 500. As of Jan. 31, 2021, we had 7,968 customers, including 80% of the Fortune 10 and 63% of the Fortune Global 500. Our customers span a variety of industries and include Adobe, Applied Materials, Chevron, Chipotle Mexican Grill, CrowdStrike, CVS Health, Deutsche Post DHL, EY, Generali, KDDI, SBA Communications, Takeda Pharmaceuticals, and Uber Technologies, Inc.

(Note: UiPath priced its upsized IPO on April 20, 2021, at $56 – above its upwardly increased price range of $52 to $54 – on 23.89 million shares, in line with the increased terms filed on April 19, to raise about $1.34 billion. In an S-1/A filing dated April 19, 2021, UiPath increased the size of its IPO by 28 percent to 23.89 million shares, up from 21.28 million shares initially, and raised the price range to $52 to $54, up from an $43 to $50.)



Employees: 2863
Founded: 2005
Contact Information
Address 90 Park Ave, 20th Floor New York, New York 10016
Phone Number (844) 432-0455
Web Address http://www.uipath.com/
View Prospectus: UiPath, Inc.
Financial Information
Market Cap $29072.4mil
Revenues $607.6 mil (last 12 months)
Net Income $-92.4 mil (last 12 months)
IPO Profile
Symbol PATH
Exchange NYSE
Shares (millions): 23.9
Price range $56.00 - $56.00
Est. $ Volume $1337.9 mil
Manager / Joint Managers Morgan Stanley/ J.P. Morgan/ BofA Securities/ Credit Suisse/ Barclays/ Wells Fargo Securities
CO-Managers SMBC Nikko/ BMO Capital Markets/ Mizuho Securities/ KeyBanc Capital Markets/ TD Securities/ Truist Securities/ Cowen and Company/ Evercore/ Macquarie Capital/ Nomura/ RBC Capital Markets/ Canaccord Genuity/ D.A. Davidson & Co./ Oppenheimer & Co./ Needham & Co.
Expected To Trade: 4/21/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change