UiPath Inc.

UiPath designs and develops robotic process automation (RPA) software technologies. RPA is a relatively novel technology that enables software robots to imitate human interaction with digital systems. The company was founded in Bucharest in 2005. With headquarters in New York, USA, UiPath operates globally from over 40 offices worldwide. UiPath cites reduction in errors, streamlined processes and increased resource efficiency as some of the main benefits of automating routine accounting and administrative tasks through RPA. UiPath held an IPO in April 2021 with the sale of 23.9 million shares, raising approximately $1.3 billion. The company is listed on the NYSE under the PATH ticker. Add PATH stock to your eToro watchlist to receive updates on UiPath share price developments.