
UiPath is the platform brand of UiPath, Inc. (NYSE: PATH), a publicly traded automation software company headquartered in New York. Founded in Bucharest, Romania in 2005 by Daniel Dines and Marius Tirca, the brand covers robotic process automation and agentic AI orchestration. UiPath generated $1.611 billion in revenue in fiscal 2026 with $1.853 billion in annual recurring revenue.
Parent Company
Founded
2005
Status
Publicly Traded
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| UiPath | UiPath, Inc. | Brand division |
Daniel Dines and Marius Tirca started the company in 2005 in a Bucharest apartment, initially as DeskOver, building software development outsourcing and screen-scraping libraries. For nearly a decade it was a small services business selling developer tools.
The pivot came around 2012 to 2015, when the team productized their automation technology for enterprise back-office work and renamed the company UiPath. Its robotic process automation software, which mimics human clicks and keystrokes across legacy applications, arrived just as large companies sought cheap automation for repetitive processes.
Growth was steep. UiPath moved its headquarters to New York in 2017, raised aggressively from Accel, Sequoia, and other top-tier venture firms, and became Europe's first true cloud-era software unicorn. By 2021 it was one of the most valuable private software companies in the world, peaking at a $35 billion private valuation before its April 2021 IPO.
The public market was less kind. RPA growth cooled, the stock fell far below its debut price, and the company went through leadership turbulence, including a co-CEO experiment that ended when Dines resumed sole control in June 2024.
From 2023 onward UiPath repositioned itself around what it calls agentic automation, combining deterministic RPA with AI agents, process orchestration through Maestro, and document understanding. Fiscal 2026, ended January 31, 2026, marked a milestone: the company's first full year of GAAP profitability, with revenue of $1.611 billion and operating income of $57 million.
What does UiPath do?
UiPath sells an automation platform that combines robotic process automation, AI agents, document understanding, and process orchestration. Enterprises use it to automate repetitive digital work across legacy and modern applications. The company reported $1.611 billion in fiscal 2026 revenue.
Is UiPath publicly traded?
Yes. UiPath trades on the New York Stock Exchange under the ticker PATH. It went public in April 2021 in one of the largest US software IPOs, though the stock has traded well below its debut price for most of its public history.
Who founded UiPath?
Daniel Dines and Marius Tirca founded the company in Bucharest, Romania in 2005. Dines remains chairman, CEO, and the largest individual shareholder. The company was originally called DeskOver before adopting the UiPath name.
Where is UiPath headquartered?
UiPath is headquartered in New York City at One Vanderbilt Avenue. Its largest engineering operations are in Bucharest, Romania, where the company was founded, with additional development centers in India.
Is UiPath profitable?
Yes. In fiscal 2026, ended January 31, 2026, UiPath reported its first full year of GAAP operating profit at $57 million, GAAP net income of $282 million, and $372 million in non-GAAP adjusted free cash flow.
Who owns UiPath?
UiPath is owned by its public shareholders, with institutions holding most of the float. Founder Daniel Dines retains a large stake and effective strategic control as chairman and CEO. There is no parent company.
UiPath is a recurring Leader in the Gartner Magic Quadrant for Robotic Process Automation and has appeared in Forrester Wave leader categories for automation and document processing. Everest Group consistently ranks it among the top intelligent automation providers. In 2026 industry analyst coverage focused on its agentic orchestration positioning, where it competes in the emerging BOAT (business orchestration and automation technologies) category.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Salesforce | USA | 2024 | Innovation leader | Global | All Genders | |
| Alteryx | United States | 1997 | Mass market | Global | All Genders |
Technology SoftwareOwned by Salesforce, Inc.
Agentic AI platform of Salesforce, Inc. (NYSE: CRM), launched in October 2024, enabling autonomous AI agents for sales, service, marketing, and commerce workflows.
Technology SoftwareOwned by Alteryx, Inc.
Analytics automation platform brand of Alteryx, Inc., the Irvine company taken private by Clearlake Capital and Insight Partners in 2024.
Market Positioning: UiPath competes with 2 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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Technology SoftwareOwned by Alteryx, Inc.
Analytics automation platform brand of Alteryx, Inc., the Irvine company taken private by Clearlake Capital and Insight Partners in 2024.
Alteryx is privately owned, unlike UiPath which is under a publicly traded parent company.
Technology SoftwareOwned by Databricks, Inc.
Data and AI platform brand behind the Lakehouse architecture, operated by Databricks, Inc. of San Francisco.
Databricks is privately owned, unlike UiPath which is under a publicly traded parent company.
Technology SoftwareOwned by SAS Institute Inc.
Analytics and AI software brand of SAS Institute Inc., the private Cary, North Carolina company founded in 1976 behind SAS Viya.
SAS is privately owned, unlike UiPath which is under a publicly traded parent company.
Technology SoftwareOwned by Smartsheet Inc.
Enterprise work management platform used by 85 percent of the Fortune 500, privately held by Blackstone and Vista since 2025.
Smartsheet is privately owned, unlike UiPath which is under a publicly traded parent company.
Technology SoftwareOwned by Tanium Inc.
Endpoint management and cybersecurity brand of Tanium Inc., the privately held company valued at $9 billion and headquartered in Kirkland, Washington.
Tanium is privately owned, unlike UiPath which is under a publicly traded parent company.
Technology SoftwareOwned by Ableton AG
Berlin-developed digital audio workstation for music production and live performance, created by Ableton AG and first released in 2001.
Ableton Live is privately owned, unlike UiPath which is under a publicly traded parent company.
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