Blue Prism Logo
Jan 31, 2019

Blue Prism Announces £100M in Funding via Placing with New and Existing Investors

Industry Pioneer Accelerates connected-RPA Vision, Marketing, R&D and Global Expansion Plans for Its Intelligent, Skilled Digital Workforce

Austin, Texas, and London — January 24, 2019Blue Prism (AIM: PRSM) announced earlier today a placing of shares with new and existing investors (including directors and management) to raise £100M (approx. USD $130M) in fresh funding. Closing of the transaction is conditional on a resolution approving it being duly passed at the forthcoming shareholder general meeting on Feb. 11, 2019. The funds raised will fuel the company’s connected-RPA vision unveiled today along with planned investments in R&D, sales, marketing, customer experience, community and global expansion.

On the heels of the closing of the company’s third fiscal year (ended Oct. 31, 2018) since going public on the AIM market of the London Stock Exchange in 2016, this additional funding is testament to the value enterprises derive from Blue Prism solutions. The financial results for FY18 published today demonstrate the group's continuing sales momentum and success with new and existing customers. Significant progress made in the US (a key strategic market), ongoing international expansion, and continued product development will help service the rise in global demand for Blue Prism's enterprise level, connected-RPA offering. This is further reinforced by the slate of product updates announced today, which highlight the increasing sophistication and intelligence of Blue Prism's technology.

“The outcome of this placing, which builds on another year of significant progress for the company, highlights the meteoric growth opportunity with RPA and intelligent automation,” said Alastair Bathgate, CEO and co-founder at Blue Prism. “In addition to our continued investment in the organization, infrastructure and global expansion, we’ll use the £100M raised to drive our connected-RPA vision—empowering and connecting the entrepreneurs and innovators within an enterprise to adopt transformative technologies that enable them to be agile, disruptive and keep pace with changing market demands."

About Blue Prism

Media Contact

Investor Relations

The Latest From Blue Prism

By Blue Prism

Communications Mining: Enabling Intelligent Automation in Capital Markets

In this Blue Prism webinar, we invite Deutsche Bank and Re:infer to explore how technology trends are shaping Capital Markets for a new digital future...

Register Now
First central ins 440x308
Newsroom

First Central Group: Scaling and Innovating in the Insurance Industry

First Central Group reveal how they're using intelligent automation to power strategic growth plans in the insurance industry.

Read More
Bp HFMA Report 1200x627
White Papers

HFMA Report | Unlocking Efficiencies with Digital Workers: A Strategic Approach to Meeting the NHS Long-Term Plan

HFMA have set out to understand how Intelligent Automation is being used across the UK Public Sector to gain key insight into the strategic approaches...

Read More

A Digital Workforce for Every Enterprise

The world’s largest enterprises rely on the Blue Prism digital workforce to optimize production processes, increase profitability and enhance customer experiences. Learn how our smart, secure, scalable and successful digital workers can transform your business through intelligent automation. The future of work starts now.

Get Started Free Trial

©2020 Blue Prism Limited. “Blue Prism”, the “Blue Prism” logo and Prism device are either trademarks or registered trademarks of Blue Prism Limited and its affiliates. All Rights Reserved.