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Robotic Process Automation company ElectroNeek reports 400% growth in 2020

ElectroNeek

In his reflection on the results of 2020, ElectroNeek’s CEO Sergey Yudovskiy addressed his team, users, clients, and investors:

Our accelerating global growth is a product of ElectroNeek’s diverse team, working in almost all of the time zones around the globe, making Robotic Process Automation accessible to mid-market and smaller companies no matter where they are.

A big Thank You to everyone who worked with us this year as well as to those who have just embarked on their automation journey with ElectroNeek – your talent and dedication is what fuels better customer and user experience.

NYC-based ElectroNeek Robotics reported 400% growth of their top line, shortly after being named RPA Momentum market leader by G2. The company also commented on its plan to attract additional venture capital in 2021.

ElectroNeek Robotics reported its 2020 business results posting a 400% increase in its annual software license revenue compared to 2019. The growth has been powered by increased demand for business process automation and digital transformation by American mid-market companies and by increasing ElectroNeek’s presence outside of the United States, including into areas such as India and the LATAM region.

Earlier in 2020, the company was named RPA Momentum market leader by G2, along with UiPath and Automation Anywhere, and had become the youngest company in the Everest Group’s RPA PEAK Matrix. To fuel further global growth, the company plans to attract a new round of venture funding in 2021.

ElectroNeek RPA platfrom (PRNewsfoto/ElectroNeek Robotics, Inc.)
Credits: /ElectroNeek Robotics, Inc.)

In his reflection on the results of 2020, ElectroNeek’s CEO Sergey Yudovskiy addressed his team, users, clients, and investors:

Our accelerating global growth is a product of ElectroNeek’s diverse team, working in almost all of the time zones around the globe, making Robotic Process Automation accessible to mid-market and smaller companies no matter where they are. A big Thank You to everyone who worked with us this year as well as to those who have just embarked on their automation journey with ElectroNeek – your talent and dedication is what fuels better customer and user experience.

In 2020, we brought in clients from 12 new countries, significantly increasing the number of languages that our customers and team members speak. Thanks to everyone who joined ElectroNeek’s family of clients and partners, we are grateful for the opportunity to build the future of work together.

ElectroNeek Robotics was founded at the end of 2018 in New York by a team of RPA implementation veterans and within 2 years became globally recognized for its ease of use, developer’s UX, and business model. ElectroNeek is part of Y Combinator, Plug and Play, and has established technology and go-to-market partnerships with Microsoft, Oracle, and Nvidia.

ElectroNeek has more than 200 clients in the US, Canada, UK, France, Germany, Israel, India, Russia, Kazakhstan, Australia, and New Zealand. Its largest clients include Electrolux, BDO, and Epiroc. ElectroNeek, with its novel developer UX and one-of-a-kind licensing model, has been already dubbed as the global RPA market disruptor.

Abhishek Shah

Journalist at TechMantle Technology Writer, Entrepreneurship, Business, IoT, Management

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