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ElectroNeek Scores $20M Series A Financing

2021-06-01
SAN FRANCISCO, CA, ElectroNeek, a leading robotic process automation (RPA) platform for managed service providers (MSPs) and IT teams, has raised $20 million in a Series A funding round.
The round was led by Baring Vostok with participation of AICPA and existing investors - YellowRockets.vc, Dragon Capital, I2BF, Angelsdeck, Gokul Rajaram and others. Following the new funding influx, ElectroNeek's valuation now exceeds $100 million.

ElectroNeek is a leading robotic process automation platform for managed service providers and IT teams. Founded in 2019 by RPA industry veterans, ElectroNeek became the fastest-growing RPA platform in 2021. It now has 250 customers ranging from Fortune 500 companies and global consulting firms to smaller size MSPs in more than 40 countries. ElectroNeek has been named Market Leader in G2's Market Momentum Report for two consecutive quarters alongside UiPath and Automation Anywhere. ElectroNeek is an alumnus of Y Combinator, Plug and Play, a preferred partner of Sage, and has established technology and go-to-market partnerships with Microsoft, Oracle and Nvidia.
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