In late 2019, a Series B round, led by Salesforce Ventures, raised $290 million. In 2018 the company announced a total of Series A investments of $550 million from General Atlantic, Goldman Sachs, NEA, World Innovation Lab, SoftBank Investment Advisers, and Workday Ventures. In early 2021, the company had 110+ customers who are also partners.īetween 20, Automation Anywhere received a total of $840 million in Series A and Series B investments at a post-money valuation of $6.8 billion.

The company's 2,100+ partner relationships include collaborations with Microsoft, Google, and Amazon Web Services to advance intelligent automation, and with Salesforce, to help its customers automate their front office business processes. Customers cited in 2020 included Accenture, Boston Scientific, Cisco, Cognizant, Comcast, Dell EMC, Deloitte, Hitachi, IBM, Juniper Networks, LinkedIn, MasterCard, PricewaterhouseCoopers, Quest Diagnostics, Siemens, Stanley Black & Decker, Symantec, Tesco, Unilever, Volkswagen, Whirlpool, and the World Bank, as well as the World Health Organization. Īs of early 2021, the company reported more than 2,800 current customers in 90+ countries. The company rebranded itself as Automation Anywhere, Inc. History of Automation Anywhere Īutomation Anywhere was originally founded as Tethys Solutions, LLC in San Jose, by Mihir Shukla, Neeti Mehta Shukla, Ankur Kothari and Rushabh Parmani. Īutomation Anywhere has been named a Leader in the Gartner Magic Quadrant for two consecutive years, as well as highlighted in the Forrester Wave Report. RPA software revenue is projected to reach $1.89 billion in 2021, an increase of 19.5% from 2020, according to the latest forecast from Gartner, Inc. The global demand for RPA was worth more than US$2.7 billion in 2020 and is expected to reach more than US$18.3 billion in 2027, at a CAGR of 31.07% from 2020 to 2027. 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.Īs of 2021, RPA has become the fastest growing sector in the tech industry with growth attributed to the pandemic and the need for organizations to reduce costs. This technology allows businesses to connect a variety of applications without native integrations like APIs or other backend connectors. RPA helps companies automate repetitive processes based on rules and structured data so they can improve efficiency and reduce operating costs.

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