Why We Invest in Automation Anywhere

Origins

Founded in 2003, Tethys Solutions, LLC rebranded as Automation Anywhere in 2010. The company’s vision to enhance human potential by automating repetitive, rule-based tasks. For Automation Anywhere, automation is an opportunity not a threat, a catalyst for unleashing creativity and productivity. 

More than a decade later, and Automation Anywhere is now a global leader in Robotic Process Automation (RPA). Its flagship product is the Automation Success Platform. Unveiled in 2022, the Platform enables the automation of complex workflows across finance, HR, customer service, and IT. This reduces costs, improves accuracy, and accelerates digital transformation. Automation Anywhere’s other offerings include a cloud-native platform that combines RPA bots, AI and machine learning (to manage unstructured data and make intelligent decisions) and analytics and process discovery (to identify automation opportunities and measure impact).

Evolution and Growth

With 15 offices worldwide, Automation Anywhere serves thousands of clients, including Volkswagen, Whirlpool, and Salesforce. Its partner ecosystem spans Microsoft, Google Cloud, Amazon Web Services, and Salesforce Ventures, highlighting its deep integration into enterprise tech stacks. The company has raised over $840 million in venture capital, with these investments propelling Automation Anywhere to a $6.9 billion valuation, making it one of the most valuable automation startups globally. To expand its capabilities, Automation Anywhere acquired Klevops in 2019. Klevops is a Paris-based firm that specialises in collaborative automation for finance and telecoms. It also acquired FortressIQ in 2021. FortressIQ is a process discovery startup that uses AI for enterprise workflows. In 2022, Automation Anywhere co-founder Neeti Mehta Shukla received the Technology Pioneer Award from the Women’s Entrepreneurship Day Organization at the United Nations, a recognition of the company’s commitment to inclusive innovation. 

Why We Invest

As businesses embrace automation, Automation Anywhere is emerging as a strategic enabler of digital workforce transformation. We invest in Automation Anywhere because of its embrace of digital technologies as a positive force. Its focus on cloud-native architecture, AI integration, and citizen development tools ensures it remains at the forefront of the automation revolution.