Robotic process automation tech startup Autologyx gets over £1.5m
SaaS startup Autologyx has received over £1.5m in pre-Series A investment.
The round was supported by Beacon Capital alongside existing backers.
New investors included Angel CoFund and Richard Hargreaves, which will also join the intelligent robotic process automation business as a non-executive director.
Ben Stoneham, CEO and founder of Autologyx, said: “Many companies are just beginning to explore robotic process automation (RPA) technology and realise it has far more benefits than simply cost savings. We see that iRPA not only enables teams to focus on the more ‘strategic’ parts of their roles but also allows them to catalyse and implement Innovative ideas resulting in rapid and inexpensive trialling of new concepts such as gamifying employee engagement programmes.
See the full article on UKTN here