Fundz

Tquila Automation Raises $20M Series A, Acquires Healthcare Intelligent Automation Leader, Element Blue

PRIVATESep 26, 2023

Amount Raised

$20 Million

Round Type

Series A

AustinOtherInformation TechnologyProfessional ServicesSoftwareArtificial IntelligenceConsulting

Description

Global intelligent automation consultancy and UiPath Platinum Partner, Tquila Automation, announced its acquisition of Element Blue, a UiPath Platinum Partner and intelligent automation leader in the US healthcare market. To fund the acquisition, Tquila Automation raised Series A financing totaling $20 million, led by Delta-v Capital, with additional participation from Tquila Automation and Momentum Partners.

Company Information

Company

Tquila Automation

Location

Austin, Texas, United States

About

Tquila Automation is a leading intelligent automation specialist. It helps enterprising and ambitious businesses to dramatically improve the way that things are done by removing onerous tasks and processes, releasing human workers to focus on value-added productivity. It passionately believes that automation has the power to expedite business transformation, enhance enterprise value and deliver positive impact on people's lives. Tquila has offices in Austin, Bucharest, Cardiff and London. Discover more at tquila-automation.com.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Tquila Automation raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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