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Automation Anywhere

Category: AI Agents

Agentic Process Automation (APA) platform combining RPA, AI agents, and process orchestration to automate enterprise business processes. Automation Anywhere was founded in 2003. The company is led by Mihir Shukla. Based in San Jose, California, USA. Team size: 500+. Total funding raised: $840M. Latest round: Debt. Key investors include SoftBank Vision Fund, Salesforce Ventures, Goldman Sachs, General Atlantic, New Enterprise Associates (NEA), World Innovation Lab, Workday Ventures.

Founded
2003
Headquarters
San Jose, California, USA
Team size
500+
Total funding
$840M

Value proposition

An integrated, cloud-native platform that lets enterprises discover, automate, and scale business processes using a combination of robotic process automation, generative AI, and autonomous AI agents.

Products and solutions

Agentic Process Automation (APA) Platform, Mozart Orchestrator, Process Reasoning Engine, AI Agent Studio, Automation Co-Pilot, Automator AI, Document Automation, Process Discovery, Automation Workspace / RPA, CoE Manager, Cloud, Aisera / Autonomous IT Service Desk (ITSM, HR, CS)

Unique value

Only cloud-native Agentic Process Automation platform bridging front- and back-office systems (SaaS and legacy) with reasoning-driven AI agents rather than pure rules-based bots.

Target customer

Large and mid-market enterprises across financial services, healthcare, life sciences, manufacturing, and other industries needing to automate front- and back-office processes.

Industries served

Financial Services, Healthcare, Life Sciences, Manufacturing, Customer Service, Finance & Accounting, HR, IT

Technology advantage

Proprietary Process Reasoning Engine and Mozart Orchestrator combining years of task-execution data with goal-driven AI agent reasoning; large deployed base (1,500+ live APA deployments, 400M+ automations/year, 1.8M+ AI agent executions).

How they differentiate

Positions itself as pioneering 'Agentic Process Automation' beyond legacy RPA, emphasizing reasoning-based AI agents and lower TCO versus Blue Prism and UiPath.

Main competitors

UiPath, SS&C Blue Prism, Microsoft Power Automate, Pega

Key partnerships

SoftBank Vision Fund, Salesforce Ventures, Goldman Sachs, NEA, General Atlantic (investors/strategic), acquired Klevops (2019), FortressIQ (2021, process discovery), and Aisera (Nov 2025, agentic ITSM/HR/CS), EnterpriseClaw collaborations with Cisco, NVIDIA, Okta, and OpenAI (May 2026)

Notable customers

SoftBank, Dell, Petrobras, KeyBank, NHS, The Washington Post, Alight, Cisco, Adobe, KPMG, Gilead, Nokia

Major milestones

Founded as Tethys Solutions LLC (2003), rebranded to Automation Anywhere (2010), Series A $250M (Jul 2018) then SoftBank $300M (Nov 2018); Series B $290M (Nov 2019) at $6.8B valuation, $200M debt financing from SVB/Hercules (Oct 2022), acquired Klevops (2019), FortressIQ (2021), Aisera (Nov 2025), Gartner Magic Quadrant Leader for RPA 8 consecutive years through 2026, reportedly in merger talks with C3.ai (Jan 2026) for potential reverse-merger IPO (not closed as of mid-2026), launched EnterpriseClaw with Cisco, NVIDIA, Okta, OpenAI (May 2026)

Growth metrics

400M+ automations per year; 1.8M+ unique AI agent executions; 1,500+ live APA deployments; 2,800+ client firms (2021); 26 global regions.

Market positioning

Established leader in RPA/APA space, named Gartner Magic Quadrant Leader for RPA for 8 consecutive years; last private valuation $6.8-6.9B; reportedly in merger talks with C3.ai (NYSE: AI) as of Jan 2026 which could take it public via reverse merger.

Geographic focus

Global (26 regions), with strongest presence in North America and growing enterprise adoption in Europe and Asia-Pacific.

Patents and IP

Multiple US patents assigned to Automation Anywhere, Inc. covering RPA systems, flexible bot deployment/execution, and document data extraction for automation (public patent records / Justia assignee listing).

About Mihir Shukla

Co-founder of Automation Anywhere (formerly Tethys Solutions LLC, founded 2003); prior leadership roles at E2Open, Kiva, Netscape, Infoseek and Omnisky; member of WEF Global Future Council on the Future of Work; national bestselling author of 'The Five-Year Century'.

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