airSlate Closes $51.5M on Financing; Worth $1.25 Billion

A $51.5 million financing round was completed by airSlate, a global leader in workflow automation solutions and based in Boston, MA.

airSlate

G Squared was the leader of the round, which valued airSlate for $1.25 billion.

The company plans to use the funds to increase automation capabilities and communities that allow users to extract more value from business documents and data.

Established in 2008 by Borya Shakhnovich, CEO, airSlate serves over 100 million users with its SaaS based document automation platform that spans electronic signature, PDF editing, document management, and no-code workflow automation solutions — signNow, pdfFiller, USLegal, and airSlate.

The funding round also includes a new strategic partnership with UiPath, including an investment from the newly launched UiPath Ventures initiative, providing capital and resources for airSlate to partner with UiPath and to support the UiPath vision of the fully automated enterprise™.

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