Home German RPA consultancy Roboyo has raised €21 million

German RPA consultancy Roboyo has raised €21 million

by sol-admin
115 views

COMPANY
Roboyo, a German Nuremberg-based company, is one of the world’s leading experts in Intelligent Automation. Today the group serves over 120 international clients across a range of industries.

Roboyo’s expertise lies in the areas of Intelligent Automation, Artificial Intelligence, Personal Robotic Assistance, Intelligent Document Processing, and Low Code Application. The company has created its own platform, “Roboyo Converge“, which enables customers to further accelerate their automation.

INVESTMENT
15 September 2020, Roboyo has received €21 million in Series A funding. The investment is one of the largest to date in the RPA market and is intended to further Roboyo’s goal of becoming the world’s leading automation solution provider. The minority investment comes from MML Capital Partners (MML), a leading growth capital investor with offices in London, Paris, and New York.

“We had a choice of investment partners and we chose MML because of their unique partnership approach and our shared vision on the future opportunities for the intelligent automation market. With this investment, we will be able to support more customers in more territories as a partner in their transformation into the digital age. In MML we have found the right partner to further accelerate our business and to attract the best talent in the market.”

Christian Voigt, Nicolas Hess, and Sven Manutiu, founders of Roboyo

It must be mentioned about the partnership between Roboyo and UiPath and you can find more details of how it’s going in this video: