Gigabit January 2019
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EUROPE<br />
UiPath closed its Series B and Series<br />
C financing rounds totalling US$418mn,<br />
lifting the company’s valuation to an<br />
impressive $3bn.<br />
UiPath has, by all accounts, been<br />
a gleaming example of how to scale<br />
a tech startup and, for Lupu, this is<br />
thanks in part to the firm’s robust<br />
procurement function. Before joining<br />
UiPath, Lupu cut his teeth in procurement<br />
with time at firms like Renault<br />
and the Goodyear Tire & Rubber<br />
Company respectively. Through<br />
these roles, Lupu honed his skills<br />
and says that it provided him with<br />
a “global view” which enabled him<br />
to “understand the challenges and<br />
steps needed to scale up a business”.<br />
This proved to be a critical skill when<br />
he later moved to UiPath.<br />
UiPath began as a small startup<br />
239<br />
“‘Growth’ is<br />
the key word<br />
at the firm”<br />
—<br />
Catalin Lupu,<br />
Head of Global Procurement, UiPath<br />
www.gigabitmagazine.com
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