UiPath Expected to Raise over $400M in Series D Funding

UiPath is expected to raise over $400M in their Series D funding, according to a report from Business Insider.* The company has raised $409M through previous funding, so this new round would double investment. After the Series C round of funding, which raised $225M, the company was valued at $3B. This new round is expected to see the company’s value rise to $7B making it the most valuable AI startup across the globe. Public institutional investor, Coatue, is expected to lead this latest funding round.

* https://www.businessinsider.com/sources-uipath-raising-series-d-at-possible-7-billion-valuation-2019-3?r=US&IR=T