UIPATH (EGFF) (EIB-20180225)

Countries
  • Romania
Where the impacts of the investment may be experienced.
Financial Institutions
  • European Investment Bank (EIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
UIPATH SRL
The holder of the loan, grant, or other investment.
Sectors
  • Communications
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 35.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported EUR 30 million
Converted using 2018-08-30 exchange rate.
Loan Amount (USD)
$ 35.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported EUR 30 million
Converted using 2018-08-30 exchange rate.
Project Cost (USD)
$ 78.16 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Currency conversion note:
Bank reported EUR 67 million
Converted using 2018-08-30 exchange rate.
Primary Source

Original disclosure @ EIB website

Updated in EWS Sep 11, 2018

Disclosed by Bank Aug 30, 2018


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Project Description

According to EIB website, the project concerns on the investments in software development of an innovative start-up in the area of intelligent automation to support the company's further growth and global market competitiveness. It is expected to contribute to the promoter's international expansion through the development of proprietary software technologies particularly in the area of intelligent automation and therefore enhance its portfolio of products and clients. The proposed financing will also contribute to supporting and creating jobs in Europe. 

Investment Description
  • European Investment Bank (EIB)
Private Actors

UiPath SRL develops and provides robotic process automation software for intelligent process automation solutions. It offers desktop automation products, such as UiPath Desktop, a robotic process automation software for individuals and small teams that enables business users to design and run robotic processes; UiPath Studio, a process designer tool that creates process automation with a graphical Visio-like interface and drag-and-drop functionality; and Desktop Robots, a software robot programmed to read and execute processes created with UiPath Studio.

Contact Information

No contact information provided at the time of disclosure. 

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