Venture Capital

Ai Startup Uipath Looks To Raise $1.1B In Us Ipo | Markets Insider

by posted 5months ago 26 views
Summary List PlacementUiPath, an automation software startup founded in Bucharest, Romania, is looking to raise up to $1.1 billion in its initial public offering in the US, according to its prospectus filed with the Securities and Exchange Commission Monday, bringing its valuation as high as $26 billion based on its outstanding shares. The New York-based firm is aiming to offer 6.8 million shares. Its shareholders, meanwhile, are looking to offer 14.5 million shares. All will be class A offered at $43-$50 per piece.