The listing gives the company a market value of nearly $30 billion.
UiPath raised $750 million in a fundraising round in February that valued it at $35 billion.
Started in Romania with 10 people in 2005, UiPath now has a presence in close to 30 countries, Chief Executive Officer and co-founder Daniel Dines wrote in a letter to investors. “Starting a company from a small place with no market has a hidden advantage: It forces you to think globally from day one,” he wrote.
Dines owns all of UiPath’s Class B shares, which represent 88.2% of the voting power in the company.
UiPath’s shares are expected to begin trading Wednesday on the New York Stock Exchange under the symbol PATH. The offering is being led by Morgan Stanley and J.P. Morgan.