Artificial Intelligence | News | Insights | AiThority
[bsfp-cryptocurrency style=”widget-18″ align=”marquee” columns=”6″ coins=”selected” coins-count=”6″ coins-selected=”BTC,ETH,XRP,LTC,EOS,ADA,XLM,NEO,LTC,EOS,XEM,DASH,USDT,BNB,QTUM,XVG,ONT,ZEC,STEEM” currency=”USD” title=”Cryptocurrency Widget” show_title=”0″ icon=”” scheme=”light” bs-show-desktop=”1″ bs-show-tablet=”1″ bs-show-phone=”1″ custom-css-class=”” custom-id=”” css=”.vc_custom_1523079266073{margin-bottom: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}”]

Leapwork’s Process Automation Platform Raises $10 Million

Leapwork announced that it has received $10 million as Series A investment from DN Capital  and e.ventures, from London and Berlin respectively. The company’s platform automates processes that usually requires developers to write code. Leapwork believes that when software coders automate a process by writing lines of code, the deployment is never at scale.

Also, for non-technical staff that is not software development savvy, the company wants software robots to automate processes that they use on a daily basis. The brand is already catering to billion-dollar industries in the Banking, Healthcare, and Aerospace verticals The $10 m************** received will be utilized for its US expansion.  Leapwork’s platform is extremely effective during automating code-based tools.

Read More: AiThority Interview Series with Daniel Clark, CEO at Brain.fm

Leapwork’s current technology allows staff to directly automate a process through an easy-to-use interface. Hence, the staff does not need the assistance of code-writers before automating tools. The company believes that through their tools, enterprises can help staff members save 75% of their time.

Christian Brink Frederiksen, Leapwork’s CEO and co-founder said: “About half of our business comes from the US and this investment will enable us to serve those customers better as well as reaching new ones.”

Related Posts
1 of 40,565

Thomas Rubens, of DN Capital, said: “From the outset, we were impressed by Leapwork’s product, which we believe will change the automation landscape. Every company has repetitive tasks that could be automated and few have the developer resource to make it happen.”

Read More: Drones Officially Allowed to Deliver a Variety of Items in Australia’s Canberra

The company was founded in 2015 and is headquartered in Copenhagen with offices in –

  • London
  • San Francisco
  • Minsk
  • Gurugram (India)

Leapwork initially rolled-out the platform in 2016, upgrading it to better sync with the company’s clients. Since then Leapwork has established itself as a key vendor for providing an array of Automation services & software for the finance and healthcare industry. Before the funding, Leapwork was bootstrapped.

Read More: NASA TV Coverage Set for April 17 Cygnus Launch to International Space Station

2 Comments
  1. Copper dross recycling says

    Copper scrap transportation logistics Copper recycling center Metal logistics services
    Copper cable stripping machine, Scrap metal sustainability, Copper smelting process

  2. Metal recycling and recovery services Ferrous scrap transportation Iron salvaging depot

    Ferrous material recycling events, Iron waste reclamation facilities, Scrap metal reclamation and reuse

Leave A Reply

Your email address will not be published.