The robotic process automation (RPA) sector redefines operational efficiencies by automating repetitive tasks. Companies in this sector bring forth sophisticated new RPA solutions for compliance management, creative automation, and AI-driven document processing. These solutions integrate into existing systems and transform how industries manage regulatory complexities and extensive documentation.
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Key Takeaways
Drawing insights from the Big Data & AI-powered StartUs Insights Discovery Platform that provides data on over 4.7+ million emerging companies globally, we explore the evolving landscape of the robotic process automation industry. This sector is marked by key trends and a substantial workforce, shaping its future. Here are some key insights at a glance:
- Latest RPA Trends: Key trends include low-code RPA platforms, hyper-automation, cloud-based RPA, robotic process automation as a service (RPAaaS), and AI-powered RPA.
- RPA Industry Statistics: The global robotic process automation industry encompasses 14.2K+ organizations and has a 1.9 million workforce. It is experiencing a growth of 4.17% annually and has seen the emergence of 3.1K+ new RPA companies in the past five years.
- 10 Top RPA Solutions to Watch:
- Automat – AI-powered Document Processing
- Naturobot – No Code Data Management
- Automi – Artwork Compliance System
- Lightwork – Ready-to-Use Automation Solutions
- Momentum – Automation with Existing Software
- Kemchain – Raw Materials Compliance Platform
- GEN RPA – Hyper Automation
- Sola – LLM- and Computer Vision-driven Automation
- Alphabots – Self-learning Automation Tool
- Eztools – Process Automation Platform
Discover 10 out of 3100+ Emerging RPA Solutions
In this section, we spotlight the 10 best RPA solutions shaping the future of industry workflows. These companies address the critical need for efficiency and accuracy in business operations. Through deploying advanced algorithms, machine learning models, and intuitive platforms, they enable businesses to automate complex processes.
Note on Signal Strength
One of the unique metrics we feature for each company is Signal Strength, a proprietary data point generated by our Discovery Platform. It gauges the extent to which a company’s influence has permeated the global ecosystem of startups, scaleups, and emerging companies. This proprietary metric serves as a valuable guidepost for understanding a company’s standing in the broader market landscape.
1. Automat
- Founding Year: 2022
- Employee Range: 2-10
- Location: USA
- Signal Strength: Very Strong
- What they do: Automat’s AI-driven platform streamlines document processing and business automation using RPA. The platform shortens deployment times for both attended and unattended bots. Security remains an advantage, with options for on-premise deployment and systems and organization controls 2 (SOC II) compliance. Automat’s platform caters to industries including insurance, healthcare, and financial services, enhancing efficiency and reducing costs.
2. Naturobot
- Founding Year: 2021
- Employee Range: 51-100
- Location: Singapore
- Signal Strength: Very Strong
- What they do: Naturobot offers an RPA platform comprising three key products: Automation Robot, Automation Connector, and Intelligent Assistant. Automation Robot executes local system tasks reliably and manages scheduled operations. Automation Connector enables the creation of integration platform as a service (iPaaS) workflows with pre-installed connectors for business digitization. Intelligent Assistant further utilizes advanced general intelligence to generate user-friendly automation flows through conversation. These tools enable businesses to enhance efficiency, digitization, and data management without extensive coding knowledge. It finds application in industries such as telecommunication, healthcare, media, retail, manufacturing, and more.
3. Automi
- Founding Year: 2021
- Employee Range: 2-10
- Location: Australia
- Signal Strength: Medium Strong
- What they do: Automi combines swarm AI, RPA, zero-trust verification, and contextual awareness for zero-error labeling and packaging artwork. Its autonomous AI artwork and compliance system reduces issues such as mislabeling and ensures safety and speed for pharma, skincare, and food & beverage goods reaching the market. It verifies, audits, and governs compliant production artwork on labels to avoid packaging errors leading to any negative medical impacts and enable compliance for CPG and medical. This reduces resource wastage for global producers of pharmaceuticals, food, and cosmetics.
4. Lightwork
- Founding Year: 2021
- Employee Range: 11-50
- Location: Thailand
- Signal Strength: Strong
- What they do: Lightwork develops automation solutions such as Lightwork StatementPro, G-LEAD, and corporate e-KYC. These solutions integrate with existing enterprise resource planning (ERP) and customer relationship management (CRM) systems to provide quick actionable insights. Further, they reduce costs and increase revenue, while minimizing error rate. This empowers business teams by offering ready-to-use automation solutions for domains like accounting, finance, and procurement.
5. Momentum
- Founding Year: 2022
- Employee Range: 2-10
- Location: USA
- Signal Strength: Medium
- What they do: Momentum develops an AI-powered RPA platform that interprets and executes digital tasks in a human-like manner using an existing software stack. The platform processes unstructured documents to extract essential data from text and images to enhance workflow efficiency. Real-time automation monitoring through the platform’s dashboard offers immediate oversight of task execution. This approach enables businesses to scale automation in virtualized environments securely. Further, it optimizes productivity across sectors, including real estate, finance, and retail.
6. Kemchain
- Founding Year: 2021
- Employee Range: 2-10
- Location: Spain
- Signal Strength: Strong
- What they do: Kemchain builds a platform for supplier and raw material compliance management. The platform ensures that ingredients comply with standards and regulations, maintains updated supplier data, and consolidates information. It also utilizes AI to alert users on critical updates like substance concerns or document obsolescence. Kemchain’s platform streamlines data normalization and delivers actionable insights via Excel or APIs. With cloud-based SaaS architecture, it further offers secure, intuitive access from anywhere, simplifying complex compliance processes for businesses across industries.
7. GEN RPA
- Founding Year: 2020
- Employee Range: 11-50
- Location: Turkey
- Signal Strength: Very Strong
- What they do: GEN RPA simplifies virtual workforce management with its software applications – Gen Studio, GenBoard, and GenBot. Gen Studio trains the virtual workforce to do Excel operations, read and send emails, retrieve data from scanned and digital documents, and do database read-write operations. GenBot allows employees to interact with the trained RPA workforce for task scheduling and increase efficiency. Further, GenBoard enables teams to track the performance of virtual workers by generating reports, tracking and scaling processes, and enabling round-the-clock control. These products allow businesses to mitigate in-house RPA development and reduce capital expenses.
8. SOLA
- Founding Year: 2023
- Employee Range: 2-10
- Location: USA
- Signal Strength: Very Strong
- What they do: SOLA offers a platform that simplifies workflow automation using AI, large language models (LLMs), and computer vision. It facilitates bot creation from screen recordings to enhance process mining and data management efficiency. Additionally, the platform automates data entry and scraping, providing a scalable solution for handling large volumes of tasks with AI-enhanced precision and control. The built bots adapt and integrate new logic into existing workflows, streamlining operations across legal, financial, insurance, and healthcare industries.
9. Alphabots
- Founding Year: 2019
- Employee Range: 2-10
- Location: Germany
- Signal Strength: Very Strong
- What they do: Alphabots combines RPA, deep learning, and reinforcement learning to create customizable, self-learning automation applications. The company’s platform targets monotonous tasks, offering adaptable virtual assistance that evolves with use, enhancing operational efficiency and employee satisfaction. It empowers sectors like finance and purchasing by reducing manual input and maximizing process oversight.
10. Eztools
- Founding Year: 2020
- Employee Range: 11-50
- Location: Brazil
- Signal Strength: Medium Strong
- What they do: Eztools integrates multiple market solutions into one platform. It offers business process documentation, automates spreadsheet controls, and creates visual management dashboards. The platform leverages RPA to streamline standardized company processes, ensuring high accuracy. Eztools serves organizations seeking centralized process documentation, automated form creation, and real-time performance management.
Tips to Quickly Find New RPA Solutions
Utilizing a SaaS platform like the Discovery Platform for identifying new robotic process automation companies provides significant benefits compared to traditional scouting methods:
- Streamlined Efficiency: The Discovery Platform offers advanced tools that streamline the scouting process. It replaces your hours of conventional desk research, saving time and resources in identifying robotic process automation innovations.
- Access to Real-time Insights: Gain a competitive edge with up-to-date information on the latest trends in the robotic process automation industry. The platform keeps you informed with near real-time updates on emerging RPA solutions and news, enabling you to make swift and informed decisions.
- Tailored Exploration: Customize your search to focus on specific niches within the RPA sector, such as ready-to-use automation, self-learning automation, or process automation. The platform’s diverse filtering options allow you to target your scouting efforts precisely, ensuring that you find the most relevant and groundbreaking companies in the field.
Ready to Explore All New RPA Solutions?
This overview highlights just a few RPA solutions of all 3.1K+ new companies currently covered by the Discovery Platform. To explore them all, book a personalized demo or download one of our free Industry Innovation Reports for a quick overview.
