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Automation Anywhere

Invest in Automation Anywhere

Artificial Intelligence

Founded: 2003

Headquarters: San Jose, California

automationanywhere.com

Status

Available

Last Round Valuation

$50 Billion

Share Price

$50.00

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About
Summary
Valuation

About Automation Anywhere

Automation Anywhere is a cognitive robotic process automation platform that uses software robots to automate business processes not automated by traditional technology platforms. Its Intelligent Digital Workforce Platform combines cognitive automation and analytics, driving productivity and business process accuracy with near-zero error rates.

Key Facts

Automation Anywhere is considered the #1 RPA platform that is easiest to use and can scale 3x faster at 1/5th the cost of legacy platforms.

Automation Anywhere was named a 2020 Magic Quadrant Leader for Robotic Process Automation 2nd year in a row by Gartner.

Eyeing a potential IPO, Automation Anywhere recently appointed two new top executives: James Budge, CFO (former CFO at Pluralsight and Anaplan prior to their IPOs) & Mike Micucci, COO (former Salesforce executive).

There have been over 1 million trainings completed for Automation Anywhere’s world-class intelligent automation platform.

RPA is fundamentally changing the nature of business processes and generating cost efficiencies, increasing productivity, and allowing human talent to be diverted to higher-value tasks.

Today, over 80% of the Fortune Global 2000 companies utilize RPA.

Because corporations accelerated RPA deployment in 2020 to make up for pandemic-related restrictions on employee headcount in traditional workspaces, it is likely Automation Anywhere achieved even stronger YoY growth in 2020, approaching $950 million in revenue.

With its recent acquisition of FortressIQ—a leading process discovery and mining startup backed by investors like Tiger Global and Microsoft Corp’s M12 fund—Automation Anywhere bolsters its platform with powerful new capabilities that identify new opportunities for automation within existing software-based processes. FortressIQ’s platform reduces the amount of time necessary for process discovery initiatives by up to 90%. This use of Robotic Process Automation allows companies to map out opportunities to streamline operations in weeks rather than months.

Automation Anywhere recently claimed to be on track to reach profitability for the first time.

In a report released last September, Gartner found that the broader RPA market increased 19.5%, with total revenue anticipated to reach $2 billion in 2021.

In September 2024, Automation Anywhere reported its fourth consecutive quarter of non-GAAP operating income, with improved margins and a surge in demand for autonomous AI agents. Large deals over $200,000 grew by 70%, and AI-powered automation drove over 70% of new and upsell deals. The company saw strong growth in million-dollar customers, record AI Agent deal wins, and a healthy cash balance.

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Summary

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Customers

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Key Investors

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Size of Market

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Market Position

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Industry

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Primary Vertical

Artificial Intelligence

Employees

500

Mosaic Score

840

Money

760

Momentum

850

Management

760

Market

960

What is a Mosaic Score?

Key Officers

Name Work History Title Status
John Smith Aenean, quam eu, diam dignissim Chief Executive Officer Current
John Smith Aenean, quam eu, diam dignissim Chief Executive Officer Current
John Smith Aenean, quam eu, diam dignissim Chief Executive Officer Current
John Smith Aenean, quam eu, diam dignissim Chief Executive Officer Current

Valuation

Valuation Over Time

chart

Last Round

Sept. 2019, Series B1

Valuation Post-Money

$400.2M

Amount Raised

$2.5M

Total Funds Raised

$75.2M

Implied Valuation

$84M

Funding Rounds

Date Round Amount Valuation Investors
MM/DD/YYYY Growth Equity $1M $2.8B Name goes here
MM/DD/YYYY Growth Equity $1M $2.8B Name goes here
MM/DD/YYYY Growth Equity $1M $2.8B Name goes here
MM/DD/YYYY Growth Equity $1M $2.8B Name goes here

Competitive Landscape

Company Valued Revenue
Coinbase
San Francisco, CA
$2.8B $1.3B
Coinbase
San Francisco, CA
$2.8B $1.3B
Coinbase
San Francisco, CA
$2.8B $1.3B

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