Houston Chronicle by Andrea Leinfelder Aug. 21, 2019
A software company that says it’s valued at $7 billion is opening an office in Houston Thursday as it aims to win customers in the health care and energy sectors by automating their mundane employee tasks.
UiPath of New York creates software to mimic human activity. It performs routine, time-consuming tasks, such as copying data from a PDF and pasting it into an Excel spreadsheet, and allows employees to focus on more important tasks.
“Texas is a very critical place for us because it’s where we have some very large customers and where we see a lot of innovation going on inside our customers,†said Marie Myers, UiPath’s chief financial officer who lives in Houston. “(Oil and gas companies) have had a lot of economic pressure in the past two to three years, so they’ve really had to look at ways to transform.â€
Myers, previously the global controller and executive officer at HP, joined UiPath in December. A month later, she consolidated the company’s approximately 20 local employees, who had been working from home, into a small building downtown. They’ve since expanded and built out the space at 114 Main St.
“We have 71 folks here today,†Myers said, “and we’re hiring more every day.â€
The company was founded in Romania in 2005 and moved its headquarters to New York in 2018. It has about 3,200 employees across 20 countries.
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