UiPath, Inc.
General Information | |
Business: | 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.)
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Industry: | PREPACKAGED SOFTWARE |
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: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |