UiPath’s new venture arm backs workflow automation startup AirSlate

Proving that workflow automation is a robust sector, AirSlate, which provides no-code tools for automating business processes, today announced that it raised $51.5 million in a funding round that values the startup at over $1 billion. G Squared led the equity round with participation from UiPath, making AirSlate the first portfolio company for UiPath’s newly-launched, previously-unannounced UiPath Ventures arm.
As a part of the UiPath Ventures investment, AirSlate CEO Borya Shakhnovich said that AirSlate will form a “strategic technology partnership” with UiPath, which will p

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