Robotic process automation software
RPA has become the fastest growing sector
Growth attributed to the pandemic and the need for organizations to reduce costs
Global demand for RPA
Worth more than US$2.7B in 2020 and is expected to reach more than US$18.3B in 2027
RPA helps companies automate repetitive processes based on rules and structured data so they can improve efficiency and reduce operating costs.
This technology allows businesses to connect a variety of applications without native integrations like APIs or other backend connectors. It automates processes using the Graphical User Interface (GUI) and performs actions similar to a human operator but at a much faster speed and without errors.
Total Funding (June 2021) – US$840M
Last funding round (November 2019) – US$290M
Enterprise Value US$9.6B
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