When robotic process automation company UiPath filed to go public in March 2021, the startup had just closed a $750 million round that helped it clinch a $35 billion valuation.
Although its initial IPO price range was slightly below that figure, post-debut, it bounced back to a $43 billion valuation at $90 per share.
As of this writing, however, UiPath is trading at $18.36 per share.
A year ago, “RPA was the fastest-growing area in enterprise software,” wrote Enterprise Reporter Ron Miller at the time. The sector was “growing at over 60% per year, and attracting investors and
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