UiPath acquires Peak, which makes AI tools for pricing, inventory management, and more; Peak has raised $121M in total and reported ~£9M in revenue in 2023
Ingrid Lunden / TechCrunch :
UiPath shares fell over 15% after the company projected FY 2026 sales of $1.525B to $1.53B, vs. $1.58B estimates; PATH is down 51.6% over the past 12 months
I remember when Peak was a tiny three-person startup. How they grow up. X: @thetranscript_ : UiPath CFO: “Over the last several weeks we have seen increasing global macro economic uncertainty, partic...
UiPath CEO Rob Enslin is resigning on June 1, to be replaced by co-founder Daniel Dines, who stepped down as co-CEO on January 31; PATH drops 30%+
A French AI startup, simply called H and founded by ex-Google DeepMind scientists, raised $220M from Accel and others, and plans a model capable of reasoning
- Billionaires and VCs join round in company promising AGI — DeepMind alums will partner with UiPath, other investors
UiPath sees its stock jump 25%+ after reporting Q3 revenue up 24% YoY to $325.9M, ARR up 24% to $1.38B, and raising its ARR outlook for Q4 and FY 2024
TextExpander, which lets users create customized shortcuts to trigger text-based actions, has raised $41.4M, its first-ever funding since launching in 2007
RPA, and companies like UiPath, swooped into on the world of work a few years ago as a catchy way for organizations to help teams automate …
UiPath reports Q3 revenue of $220.8M, vs. estimates of $208.3M and up 50% YoY, ARR of $818.4M, up 58% YoY, and losses of $122.8M, up 73% YoY
UiPath reports Q2 revenue of $195.5M, up 40% YoY, ARR of $726.5M, up 60% YoY, and a loss of $100M; stock down 6%+
Wallace Witkowski / MarketWatch :
UiPath closes at $69 on its debut, valuing the company at $35.8B, after pricing shares at $56 and raising $1.34B
Ari Levy / CNBC :
Robotic process automation software maker UiPath files to go public on the NYSE, reports $607.M revenue in FY2021, up 81% YoY, and net loss of $92.3M
The modern enterprise is complex as employees must navigate an ever-increasing number … Ron Miller / TechCrunch : UIPath's meteoric rise from unknown startup to $35B RPA juggernaut Alex Wilhelm / Tech...