UiPath acquires Ukrainian automated process documentation startup StepShot

UiPath, one of the fastest-growing and most heavily-funded enterprise software companies in the world today, has acquired StepShot, a Lviv, Ukraine-based startup that specialises in automated process documentation. Terms were not disclosed, but AIN reports that the transaction was part cash, part equity, and that StepShot was hitting almost $500,000 in annual revenue from hundreds of customers.

Startup Wise Guys, an early investor in StepShot, says the company was initially established to help companies create guides and video tutorials, but had since pivoted to helping them with process documentation instead.

UiPath acquires Ukrainian automated process documentation startup StepShotRead More
Topics: AI & Big Data, Finance, International, Lviv, M&A, Regions, Startups
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