airSlate Raises $51.5M, Hits $1.25B Valuation; Partners with UiPath for Seamless Automation
airSlate, a Boston-based pioneer in workflow automation, has secured $51.5 million in its latest financing round. The round, led by G Squared and accompanied by a strategic partnership with UiPath, values the company at $1.25 billion.
The funding round also saw participation from prominent investors such as Insight Partners, Tiger Global, and Bessemer Venture Partners. airSlate, a global leader in its field, plans to utilise the new capital to enhance its automation capabilities and expand its communities.
The strategic partnership with UiPath, a leading Robotic Process Automation (RPA) software company, will enable airSlate to integrate its no-code automation platform with UiPath's RPA solutions. This integration is expected to provide customers with a seamless, end-to-end automation experience.
With this successful financing round, airSlate's valuation has reached $1.25 billion. The company aims to use the funds to bolster its automation offerings and grow its community, while its partnership with UiPath promises to deliver enhanced automation solutions to customers.