3. Deal Highlights
• UiPath operates a robotic process automation
(RPA) platform serving 9,100 enterprises.
• Annual recurring revenue grew from ~USD1m in 2015 to
USD726.5m in July 2021, making it one of the world’s
fastest-growing enterprise software companies.
• UiPath went public on the NYSE in April 2021 at
a USD35b valuation, representing a 172x MOIC for
Earlybird.
• The company employs 2,850 people in global markets
including Romania and India.
4. • Company-supported software education programs have
taught 25,000 students since 2019.
• Employee Resource Groups promote workforce diversity &
inclusion.
• UiPath reached USD726.5m in annual recurring revenue
(ARR) as of July 2021.
• As of July 2021, UiPath has over 9,100 enterprise clients as
well as 4,700 go-to-market and technical partners.
Deal Highlights Continued
5. Product Innovation
• UiPath provides “software robots” that
can automate repetitive tasks by utilizing
computer vision and machine learning
technologies, freeing up employees to do
more value-added work.
• Since Earlybird's initial investment,
UiPath developed new capabilities,
including process mining, document
understanding, UiPath RPA marketplace
and UiPath Automation Cloud.
6. Growth Initiatives
• Earlybird Digital East encouraged UiPath to continuously seek additional funding to capture the
market opportunity as early as possible.
• Earlybird Digital East introduced UiPath to later-stage VC investors, which led the company’s
subsequent financing rounds.
Environmental Impact & Initiatives
• UiPath software has minimal impact on environment with no relevance to hardware or materials
production.
• UiPath’s technology helps organizations automate repetitive processes, unlocking improvements
in energy consumption and supply chain efficiency.
7. Social Impact Initiatives
• UiPath has been creating thousands of jobs in the IT
industry including in emerging regions since 2015.
• Since 2019, UiPath Foundation has supported over 25,000
children with educational programs in Romania and India
• Over 4,600 kg of food and 1,200 kg of sanitary products were
donated in 2020.
Diversity & Inclusion
• Since 2015, the company grew from 12 people in Romania to a
headcount of 2,850, with diversity across
gender, ethnic background and country of origin.
