SupplyChain Magazine January 2019 | Page 129

EUROPE UiPath closed its Series B and Series C financing rounds totalling US $ 418mn , lifting the company ’ s valuation to an impressive $ 3bn .
UiPath has , by all accounts , been a gleaming example of how to scale a tech startup and , for Lupu , this is thanks in part to the firm ’ s robust procurement function . Before joining UiPath , Lupu cut his teeth in procurement with time at firms like Renault and the Goodyear Tire & Rubber Company respectively . Through these roles , Lupu honed his skills and says that it provided him with a “ global view ” which enabled him to “ understand the challenges and steps needed to scale up a business ”. This proved to be a critical skill when he later moved to UiPath .
UiPath began as a small startup
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“‘ Growth ’ is the key word at the firm ”

— Catalin Lupu , Head of Global Procurement , UiPath
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