Robotics: Nuremberg-based Startup Roboyo receives €21 million Series A investment

Nuremberg RPA service provider, Roboyo, receives €21 million Series A investment

Investment to further accelerate Roboyo’s rapid growth through
internationalization and product innovation.

Nuremberg, 15 September 2020: Roboyo, Germany’s leading robotic process automation service provider, has received €21 million in Series A funding. The investment is one of the largest to date in the RPA market and is intended to further Roboyo’s goal of becoming the world’s leading automation solution provider. The minority investment comes from MML Capital Partners (MML), a leading growth capital investor with offices in London, Paris and New York.

Founded in Nuremberg in 2016 by Christian Voigt, Nicolas Hess and Sven Manutiu, Roboyo is one of the world’s leading experts in Intelligent Automation. Today the group serves over 120 international clients across a range of industries including insurance, banking, pharmaceuticals and consumer goods.

Roboyo has over 100 automation experts, across six international locations in Europe, the USA and India, who develop new and innovative solutions to enable the automation of customers’ business processes at. Roboyo’s expertise lies in the areas of Intelligent Automation, Artificial Intelligence, Personal Robotic Assistance, Intelligent Document Processing and Low Code Application. The company’s services include process transformation, software implementation, managed services and a
proprietary training academy. In addition, Roboyo has created its own platform, “Roboyo Converge“, which enables customers to further accelerate their automation.

With this investment the Nuremberg-based company intends to further advance its internationalization and invest in innovative service development such as Automationas-a-Service.

Christian Voigt, Nicolas Hess and Sven Manutiu, founders of Roboyo:
“We had a choice of investment partners and we chose MML because of their unique partnership approach and our shared vision on the future opportunities for the intelligent automation market. . With this investment, we will be able to support more customers in more territories as a partner in their transformation into the digital age.

In MML we have found the right partner to further accelerate our business and to attract the best talent in the market.”

Luke Jones, Partner at MML:
“Christian, Nic, Sven and their team have built a truly market leading business in the fast growth intelligent automation market. We are delighted to partner with them, and together look forward to working to extend Roboyo’s offering into new geographies, build on its technical leadership position and continue to attract fantastic talent.”

Roboyo was advised on the investment by Results International (Mark Williams, Dan Lee), Squire Patton Boggs (Kai Mertens, Tim Stead) and KPMG (Andreas Demleitner).

MML was advised by Alantra (Simon Roberts), Pinsent Masons (Ed Stead, Olivia Irrgang) and RSM (Rob McCarthy).

 

About Roboyo:
Roboyo, founded in 2016 by Christian Voigt, Nicolas Hess and Sven Manutiu in Nuremberg, is a global market leader for intelligent automation. The company, which now has six international locations, employs over a hundred automation experts who advise the international customer base. With its own “Roboyo Converge” platform, the company also offers the first vendor agnostic management tool that maps the entire automation lifecycle and thus supports customers in automation according to the end-to-end principle.

Further information can be found at roboyo website.

Image: Founder Christian Voigt, Nicolas Hess and Sven Manutiu © Roboyo

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