UiPath’s $568 Million Series D Financing Round


Gunderson Dettmer advised UiPath on the deal

The leading robotic process automation (RPA) software company, UiPath, closed its Series D investment round raising $568 million at a post-money valuation of $7 billion, led by Coatue and joined by Dragoneer, Wellington, Sands Capital, and funds and accounts advised by T. Rowe Price Associates, Inc. Accel, who led the Series A and B rounds, and CapitalG and Sequoia who led the Series C round, all participated in this round, as did other existing investors, including IVP and Madrona Venture Group. At the $7 billion valuation, UiPath is one of the fastest growing and highest-valued AI enterprise software companies worldwide.

Gunderson Dettmer advised UiPath with a team including Richard Hesp (Picture), David Horne, Keith Scherer, Chris Crawford, Peter Schoch, Jeff Vetter, James Hauser, Chris Sintetos, Vanessa Smith and Frances Sevilla-Sacasa.

Involved fees earner: Christopher Crawford – Gunderson Dettmer; James Hauser – Gunderson Dettmer; Richard Hesp – Gunderson Dettmer; David Horne – Gunderson Dettmer; Keith Scherer – Gunderson Dettmer; Peter Schoch – Gunderson Dettmer; Frances Sevilla-Sacasa – Gunderson Dettmer; Christopher Sintetos – Gunderson Dettmer; Vanessa Smith – Gunderson Dettmer; Jeffrey Vetter – Gunderson Dettmer;

Law Firms: Gunderson Dettmer;

Clients: UiPath Inc. ;

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Author: Ambrogio Visconti