[TechUkraine news] Romanian UiPath with R&D in Ukraine has filed its IPO prospectus

Romania-born robotic process automation company UiPath with an office in Ukraine has filed its IPO prospectus with the Securities and Exchange Commission on Friday, and plans to list on the New York Stock Exchange under the ticker symbol “PATH“.

UiPath has the R&D in Lviv based on the acquired in 2019 automated process documentation startup StepShot.

The robotics process automation company saw 81% revenue growth year over year, according to documents filed with the SEC.
In February, the company became one of the most valuable privately held tech companies in the U.S., having raised $750 million at a $35 billion valuation — one that would also rank it among the most valuable New York City-based tech companies at the time of its Wall Street debut.

Today the company has 32 offices in 23 countries. UiPath employs around 3,000 people.

via Tech.eu & CNBC

 

 

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