🏆 Deal of the Month · February 2021
UiPath raised USD 750 million in a Series F round in February 2021, at a post-money valuation of USD 35 billion. The round was co-led by Alkeon Capital and Coatue, alongside other returning investors. This deal was recognised as Venionaire DealMatrix Deal of the Month for February 2021.
UiPath — key deal facts
| Company | UiPath |
| Founded | 2005 |
| Headquarters | New York City, United States |
| Amount raised | USD 750M |
| Valuation | USD 35 Billion |
| Round | Series F |
| Investors | Alkeon Capital (https://www.alkeoncapital.com/) Coatue and other returning investors |
| Sectors | RPA |
Who invested in UiPath?
The round was anchored by Alkeon Capital and Coatue, with participation from other returning investors who had backed UiPath in prior financing rounds. The presence of dedicated technology growth funds such as Alkeon Capital and Coatue signals strong institutional conviction in UiPath's market position. The continued participation of existing investors reflects confidence in the company's trajectory ahead of its anticipated public listing.
What does UiPath do?
UiPath is a global enterprise software company specialising in robotic process automation (RPA) and agentic automation. Its flagship product, the UiPath Platform for Agentic Automation, combines low-code visual development tools — UiPath Studio — with software Robots that execute automated workflows across enterprise systems. The company was founded in 2005 in Bucharest, Romania, by Daniel Dines and Marius Tîrcă, and is now headquartered at One Vanderbilt, New York City, United States. Daniel Dines serves as Chairman and CEO.
UiPath valuation & multiples
No multiples analysis was provided for this deal. Comparable EV/Sales and EV/EBITDA benchmarks for the RPA and enterprise automation software sector can inform valuation context. Visit the Venionaire DealMatrix RPA sector multiples pages for relevant trading and transaction comparable ranges.
Frequently asked questions
How much did UiPath raise in its Series F?
UiPath raised USD 750 million in its Series F round in February 2021.
What is UiPath's valuation?
UiPath was valued at USD 35 billion at the time of its Series F round in February 2021.
Who invested in UiPath?
The Series F was led by Alkeon Capital and Coatue, alongside other returning investors.
When was UiPath founded and where is it based?
UiPath was founded in 2005 and is headquartered in New York City, United States.
Source: original announcement — read the full report.