airSlate, a Boston, MA-based global leader in workflow automation solutions, completed a $51.5 million financing round.
The round, which valued airSlate at $1.25 billion, was led by G Squared.
The company intends to use the new funds to expand automation capabilities and communities allowing users to get more productivity from their business documents and data.
Established in 2008 by Borya Shakhnovich, CEO, airSlate serves over 100 million users with its SaaS based document automation platform that spans electronic signature, PDF editing, document management, and no-code workflow automation solutions — signNow, pdfFiller, USLegal, and airSlate.
The funding round also includes a new strategic partnership with UiPath, including an investment from the newly launched UiPath Ventures initiative, providing capital and resources for airSlate to partner with UiPath and to support the UiPath vision of the fully automated enterprise™.