UiPath Inc. is a global

software Software consists of computer programs that instruct the Execution (computing), execution of a computer. Software also includes design documents and specifications. The history of software is closely tied to the development of digital comput ...

company that makes robotic process automation (RPA) software. It was founded in

Bucharest Bucharest ( , ; ) is the capital and largest city of Romania. The metropolis stands on the River Dâmbovița (river), Dâmbovița in south-eastern Romania. Its population is officially estimated at 1.76 million residents within a greater Buc ...

, Romania, by Daniel Dines and Marius Tîrcă. Its headquarters are in

New York City New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...

. The company's software monitors user activity to automate repetitive front and back office tasks, including those performed using other business software such as

customer relationship management Customer relationship management (CRM) is a strategic process that organizations use to manage, analyze, and improve their interactions with customers. By leveraging data-driven insights, CRM helps businesses optimize communication, enhance cus ...

enterprise resource planning Enterprise resource planning (ERP) is the integrated management of main business processes, often in real time and mediated by software and technology. ERP is usually referred to as a category of business management software—typically a suit ...

(ERP) software. In December 2020, the company filed confidentially for an initial public offering, and became public on April 21, 2021.

History

UiPath was founded in 2005 in Bucharest, Romania as DeskOver, by Romanian entrepreneurs Daniel Dines and Marius Tîrcă. In 2013, the company released the first UiPath Desktop Automation product line, which gave companies RPA tools to automate manual and repetitive back office tasks. In 2015, the company changed its name to UiPath. Also in 2015, after receiving seed funding from

Accel Partners Accel, formerly known as Accel Partners, is a global venture capital firm. Accel works with startups in seed, early and growth-stage investments. The company has offices in Palo Alto, California and San Francisco, California, with additional ope ...

and earlier investors, the company also opened offices in

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Bangalore Bengaluru, also known as Bangalore (List of renamed places in India#Karnataka, its official name until 1 November 2014), is the Capital city, capital and largest city of the southern States and union territories of India, Indian state of Kar ...

Paris Paris () is the Capital city, capital and List of communes in France with over 20,000 inhabitants, largest city of France. With an estimated population of 2,048,472 residents in January 2025 in an area of more than , Paris is the List of ci ...

Singapore Singapore, officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country's territory comprises one main island, 63 satellite islands and islets, and one outlying islet. It is about one degree ...

Washington, D.C. Washington, D.C., formally the District of Columbia and commonly known as Washington or D.C., is the capital city and federal district of the United States. The city is on the Potomac River, across from Virginia, and shares land borders with ...

, and

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. By April 2016, the company had released its Front Office and Back Office Server suites, and also released its Studio Community Edition. Within six months, the company had 10,000 active members, and more than 250 enterprise customers. In 2017, UiPath reported 590 employees and moved its headquarters to New York to be closer to its international customer base. In October 2019, UiPath announced the acquisition of Ukrainian process

documentation Documentation is any communicable material that is used to describe, explain or instruct regarding some attributes of an object, system or procedure, such as its parts, assembly, installation, maintenance, and use. As a form of knowledge managem ...

company StepShot and Dutch

process mining Process mining is a family of techniques for analyzing event data to understand and improve operational processes. Part of the fields of data science and Business_process_management, process management, process mining is generally built on Logging ...

company ProcessGold. Also in October, the company announced UiPath Explorer, a new product using technology from the acquired companies; a robot communication tool called UiPath Apps; a low code robot programming tool called UiPath StudioX; an embedded analytics tool called UiPath Insights; and UiPath Connect, a tool that allowed every employee to find new processes to automate. In November of the same year, the company reported it had 5,000 customers worldwide, and a developer community of more than 500,000 people. In November, the company was ranked first in the Deloitte Technology Fast 500. In March 2021, UiPath acquired Cloud Elements, an interconnectivity platform to advance API-based automation capabilities. In April 2021, UiPath raised $1.3 billion in an initial public offering on the

New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...

in one of the largest US software IPOs in history. In July 2022, UiPath acquired Re:infer, a

natural language processing Natural language processing (NLP) is a subfield of computer science and especially artificial intelligence. It is primarily concerned with providing computers with the ability to process data encoded in natural language and is thus closely related ...

developer, for an undisclosed sum. In March 2025, UiPath acquired

Peak Peak or The Peak may refer to: Basic meanings Geology * Mountain peak ** Pyramidal peak, a mountaintop that has been sculpted by erosion to form a point Mathematics * Peak hour or rush hour, in traffic congestion * Peak (geometry), an (''n''-3)-d ...

, a Manchester-headquartered AI company specializing in agentic solutions for inventory and pricing optimization, for an undisclosed sum.

Products

UiPath develops software to automate repetitive digital tasks normally performed by people. The technology combines AI computer vision for reading screens with

API An application programming interface (API) is a connection between computers or between computer programs. It is a type of software interface, offering a service to other pieces of software. A document or standard that describes how to build ...

s, and gives users access to pre-built automation components that can be combined to automate routine processes. Its earlier products simplified tasks performed using other business software such as CRM or ERP systems, in internal and back-office areas like accounting, human resources paperwork, and claims processing. Newer applications of the company's software include coordinating with artificial intelligence systems to simplify repetitive front office tasks including customer management. UiPath's main product is the UiPath Automation Platform. The platform combines a family of low-code visual

integrated development environment An integrated development environment (IDE) is a Application software, software application that provides comprehensive facilities for software development. An IDE normally consists of at least a source-code editor, build automation tools, an ...

(IDE) products called Studio for process creation, with client-side agents called Robots that execute those processes. The processes are deployed, monitored and managed remotely with a central management tool called Orchestrator. UiPath also hosts the UiPath Academy, to provide job training and certification in the field of robotic process automation.

Funding

References

External links

* {{Portalbar, Companies Business software companies Automation software Artificial intelligence companies Software companies established in 2005 Software companies based in New York City Software companies of the United States Romanian companies established in 2005 Software companies of Romania 2021 initial public offerings Publicly traded companies based in New York City Companies listed on the New York Stock Exchange