[2] UiPath was founded in 2005 in Bucharest, Romania as DeskOver, by Romanian entrepreneurs Daniel Dines and Marius Tîrcă.
[3] Also in 2015, after receiving seed funding from Accel Partners and earlier investors, the company also opened offices in London, New York City, Bangalore, Paris, Singapore, Washington, D.C., and Tokyo.
[9] In March 2021, UiPath acquired Cloud Elements, an interconnectivity platform to advance API-based automation capabilities.
[10][11] In April 2021, UiPath raised $1.3 billion in an initial public offering on the New York Stock Exchange in one of the largest US software IPOs in history.
[8] Its earlier products simplified tasks performed using other business software such as CRM or ERP systems, in internal and back-office areas like accounting, human resources paperwork, and claims processing.
[16] UiPath's built-in optical character recognition (OCR) engines from Google, Microsoft, and ABBYY can read information from a screen or scanned document.