Accel invested in UiPath in 2017.
Accel is a leading venture capital fund, founded in 1983 and based between the Bay area, London and Bangalore. Accel has successfully backed leading companies including Facebook, Hopin, Spotify and UiPath.
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.
Accel backed UiPath because of its global ambitions and rapid traction with large organisations seeking to become smarter and more efficient with RPA.