Automation Anywhere

San Jose, United States Founded: 2003 • Age: 23 yrs
An AI-based platform for robotic process automation is provided.
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About Automation Anywhere

Automation Anywhere is a company based in San Jose (United States) founded in 2003 by Rushabh Parmani, Neeti Mehta Shukla, Mihir Shukla, and Ankur Kothari.. Automation Anywhere has raised $840 million across 5 funding rounds from investors including Goldman Sachs, SVB and Hercules Capital. The company has 764 employees as of April 08, 2024. Automation Anywhere has completed 4 acquisitions, including Aisera, Cathyos and FortressIQ. Automation Anywhere operates in a competitive market with competitors including UiPath, HyperScience, Blue Prism, Esker and WorkFusion, among others.

  • Headquarter San Jose, United States
  • Employees 764 as on 08 Apr, 2024
  • Founders Rushabh Parmani, Neeti Mehta Shukla, Mihir Shukla, Ankur Kothari
  • Stage Unicorn
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Automation Anywhere Software Private Limited
  • Date of Incorporation 31 Mar, 2010
  • Jurisdiction Vadodara, Gujarat, India
Operational Areas
Technology → Artificial Intelligence & Machine Learning
Technology → Robotics, Automation & Advanced Manufacturing
Key Metrics
  • Annual Revenue
    $47.45 M (USD)
    17.48
    as on Mar 31, 2023
  • Net Profit
    $5.2 M (USD)
    26.42
    as on Mar 31, 2023
  • EBITDA
    $7.5 M (USD)
    19.69
    as on Mar 31, 2023
  • Total Equity Funding
    $840 M (USD)

    in 5 rounds

  • Latest Funding Round
    $200 M (USD), Debt – Conventional

    Oct 03, 2022

  • Investors
  • Employee Count
    764

    as on Apr 08, 2024

  • Investments & Acquisitions
    Aisera

    & 3 more

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People of Automation Anywhere
Headcount 1000-5000
Employee Profiles 568
Board Members and Advisors 10
Employee Profiles
People
Zack Price
Partner Account Manager - East - Strategic Enterprise And New Business
People
Vivek Acharya
Principal Architect
People
Aparna Koganti
Sr Renewal Operations Manager
People
Vikram Khosla
Chief Financial Officer

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Board Members and Advisors
people
Kathleen Holmgren
Board Member
people
Manoj Leelanivas
Board Member
people
Rob Theis
Board Member
people
Siraj Iqbal
Board Member

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Funding Insights of Automation Anywhere

Automation Anywhere has successfully raised a total of $840M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $200 million completed in October 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 5
  • Last Round Debt – Conventional — $200.0M
  • First Round

    (02 Jul 2018)

  • Investors Count 10
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2022 Amount Debt – Conventional - Automation Anywhere Valuation

investors

Nov, 2019 Amount Series B - Automation Anywhere Valuation Salesforce Ventures
Feb, 2019 Amount Series A - Automation Anywhere Valuation Workday Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Automation Anywhere

Automation Anywhere has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, SVB and Hercules Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture debt financing is provided to companies in multiple sectors.
Founded Year Domain Location
Investment banking services are delivered across multiple financial sectors.
Founded Year Domain Location
Venture capital investments in technology and startups.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Automation Anywhere

Automation Anywhere has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Aisera, Cathyos and FortressIQ. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
AI agent platform for enterprise task automation is provided.
2017
Digital transformation to manage quantified workforce
2017
Robotic process automation software is offered for digital workforce management.
2017
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Automation Anywhere

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Automation Anywhere Comparisons

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Competitors of Automation Anywhere

Automation Anywhere operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UiPath, HyperScience, Blue Prism, Esker and WorkFusion, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based robotic process automation software is developed and provided.
domain founded_year HQ Location
Document processing is automated through AI-based robotic platforms.
domain founded_year HQ Location
Cloud-based platform for cognitive automation
domain founded_year HQ Location
AI and cloud-enabled source-to-pay automation solutions are provided for businesses.
domain founded_year HQ Location
Provider of robotic process automation and chatbot solutions to automate work processes
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Automation Anywhere

When was Automation Anywhere founded?

Automation Anywhere was founded in 2003 and raised its 1st funding round 15 years after it was founded.

Where is Automation Anywhere located?

Automation Anywhere is headquartered in San Jose, United States. It is registered at San Jose, California, United States.

Who is the current CEO of Automation Anywhere?

Mihir Shukla is the current CEO of Automation Anywhere. They have also founded this company.

Is Automation Anywhere a funded company?

Automation Anywhere is a funded company, having raised a total of $840M across 5 funding rounds to date.

How many employees does Automation Anywhere have?

As of Apr 08, 2024, the latest employee count at Automation Anywhere is 764.

What is the annual revenue of Automation Anywhere?

Annual revenue of Automation Anywhere is $47.45M as on Mar 31, 2023.

What does Automation Anywhere do?

Automation Anywhere was founded in 2003 in San Jose, United States, within the software and AI sector. Robotic process automation is enabled across various industries through an AI-driven platform. Unstructured data is leveraged by IQ bots for automated decision-making. Operational and business intelligence are delivered via an analytics platform. A marketplace for robots is also maintained to support automation needs.

Who are the top competitors of Automation Anywhere?

Automation Anywhere's top competitors include UiPath, HyperScience and Blue Prism.

How many acquisitions has Automation Anywhere made?

Automation Anywhere has made 4 acquisitions, including Aisera, Cathyos, and FortressIQ.

Who are Automation Anywhere's investors?

Automation Anywhere has 10 investors. Key investors include Goldman Sachs, SVB, Hercules Capital, General Atlantic, and SoftBank Vision Fund.

What is Automation Anywhere's valuation?

The valuation of Automation Anywhere is $1.8B as of Jul 2018.

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