Wednesday 30th January, 2019
Blue Prism has announced a placing of shares with new and existing investors (including directors and management) to raise £100M in fresh funding. This is subject to approval at the forthcoming shareholder general meeting on 11th February 2019.
The funds raised will help fuel the company’s connected-RPA vision along with planned investments in R&D, sales, marketing, customer experience, community and global expansion.
This follows the closing of the company’s third fiscal year (ended Oct. 31, 2018) since going public on the AIM market of the London Stock Exchange in 2016.
The financial results for FY18 demonstrate the group's continuing sales momentum and success with new and existing customers. Significant progress made in the US, ongoing international expansion, and continued product development will help service the rise in global demand for Blue Prism's enterprise level, connected-RPA offering.