“I am thrilled about the acceleration we witnessed in this past quarter. We are now adding over 10 new enterprise customers per day, we are also encouraged by the speed at which customers are scaling, evidenced by a three-fold increase in million-dollar-plus customer contracts in 2019. We are squarely focused on maintaining strong growth alongside smart, efficient operations so that we can invest confidently and deliver with quality to continue to earn our customers’ trust for the long-term,” said UiPath co-founder and CEO Daniel Dines.
In April 2019, UiPath announced it had raised a record financing amount that hikes its valuation to $7 billion.
UiPath is leading the ‘Automation First’ era, championing a robot for every person and enabling robots to learn new skills through artificial intelligence and machine learning.
The company’s hyperautomation platform combines the #1 Robotic Process Automation (RPA) solution with a full suite of capabilities, including process mining and analytics, that enable every organization to scale digital business operations at unprecedented speed. The company has already automated millions of repetitive, mind-numbing tasks for businesses and government organizations all over the world, including more than 50% of the Fortune 500 and 8 of the Fortune 10.
UiPath has been recently recognized as the top company on the Deloitte Technology Fast 500 for 2019, a ranking of the fastest public and private technology companies in North America, and third on the 2019 Forbes Cloud 100.