Seedcamp invested in UiPath in 2015.
Seedcamp is a European seed-stage venture capital fund which was launched in London in 2007. Seedcamp has a successful track record of being the earliest backer of a number of leading companies such as Revolut, Wise, Hopin and UiPath. Seedcamp tend to have standard investment and legal terms for the pre-seed round and will follow the terms of lead investors at the seed round. Seedcamp will lead pre-seed investment rounds but will partner with other lead investors for seed rounds. Seedcamp tends to invest £300k in exchange for 6-7% at the pre-seed level and £500k at the seed level.
UiPath is a leading Robotic Process Automation platform founded in 2005. It allows repetitive tasks to be automated with computer vision and virtual robots which improves the speed and quality of those tasks. UiPath now has over 3000 employees and is listed on the New York stock exchange.
Seedcamp Managing Partner, Reshma Sohoni, explained that they invested in UiPath because they were "quite simply wowed by the results the team have produced in such a short period of time" and impressed by "Daniel’s vision, to use RPA to drive digital transformation" which has allowed it to create and lead a new category.
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