Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

The Capital Markets News section is sponsored by the Bucharest Stock Exchange 

BVB
 

UiPath, a startup launched in Bucharest, reaches USD 35 bln valuation before listing

UiPath, the biggest Robotic Processing Automation (RPA) company in the world, founded by Romanians Daniel Dines and Marius Tarca in an apartment in Bucharest, in 2005, has reached a valuation of USD 35 billion after a Series F financing round.

It has drawn another USD 750 million from investors such as Alkeon Capital and Coatue, as well as Altimeter Capital, Dragoneer, IVP, Sequoia, and Tiger Global. Thus, in the last four years, the company has managed to draw close to USD 2 billion from large VC funds and investors to finance its fast growth.

In December, UiPath submitted a draft registration statement on a confidential basis to the U.S. Securities and Exchange Commission (SEC) for a proposed public offering (IPO). The IPO is expected to take place this year.

In December, Bloomberg was estimating that UiPath could get a valuation of over USD 20 billion in the IPO after it reached about USD 500 million in annual recurring revenues (ARR).

editor@romania-insider.com

(Photo source: UiPath)

Normal
Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

The Capital Markets News section is sponsored by the Bucharest Stock Exchange 

BVB
 

UiPath, a startup launched in Bucharest, reaches USD 35 bln valuation before listing

UiPath, the biggest Robotic Processing Automation (RPA) company in the world, founded by Romanians Daniel Dines and Marius Tarca in an apartment in Bucharest, in 2005, has reached a valuation of USD 35 billion after a Series F financing round.

It has drawn another USD 750 million from investors such as Alkeon Capital and Coatue, as well as Altimeter Capital, Dragoneer, IVP, Sequoia, and Tiger Global. Thus, in the last four years, the company has managed to draw close to USD 2 billion from large VC funds and investors to finance its fast growth.

In December, UiPath submitted a draft registration statement on a confidential basis to the U.S. Securities and Exchange Commission (SEC) for a proposed public offering (IPO). The IPO is expected to take place this year.

In December, Bloomberg was estimating that UiPath could get a valuation of over USD 20 billion in the IPO after it reached about USD 500 million in annual recurring revenues (ARR).

editor@romania-insider.com

(Photo source: UiPath)

Normal
 

facebooktwitterlinkedin

10

Romania Insider Free Newsletters