An intelligent automation (IA) specialist, Tquila Automation headquartered in Austin, Texas, has picked up multi-million dollar funding. The investment came from Delta-v Capital, a leading growth equity firm that invests in high-growth, tech-enabled services and software companies.
Focuses on M&A activity
Tquila Automation intends to use the funding to super-charge its meteoric rise, both organically and through M&A activity. This will take place across America and EMEA. Any M&A activity will have a specific focus on companies in the Americas, which can offer IA skills and services that clients demand.
Already, it has partnered with RPA software vendor, UiPath and was awarded UiPath Industry Solutions Partner of the Year in 2021.
Tom Abbott, Tquila Automation CEO, said, “For the last two years, Tquila Automation was backed by Momentum Partners and Tquila Group, whereby their investments allowed us to double in size, expand across our core markets, and receive industry accolades from our technology partners. The Delta-v Capital investment is a turning point for the business. It will accelerate growth plans, particularly in the United States, where we plan to double our headcount again in 12 months and establish our global headquarters in Austin, Texas.”
Garrett Marsilio, Principal at Delta-v Capital, added, “Tquila is one of the fastest-growing digital services firms within one of the fastest-growing segments of enterprise software. We are thrilled to partner with the exceptional management team, board, and existing investors, including Tquila Group and Momentum Partners. With exciting career pathways and inclusive culture, Tquila is attracting and developing intelligent automation professionals with sought-after expertise. The team’s industry-specific packaged solutions are delivering significant return-on-investment and high satisfaction scores across its enterprise customers.”
Automation to transform businesses
Reportedly, the RPA market is expected to reach $23.9 billion by 2030 and grow annually by 27.7% (CAGR). Tquila believes that automation has the power to transform businesses, grow their value and make work more rewarding.
Founded by Tom Abbott and Richard Denton in 2019, Tquila Automation deploys Robotic Process Automation (RPA) software with Artificial Intelligence (AI) and other technologies to help forward-thinking organisations dramatically improve the way they work.
It has enabled global brands in healthcare, financial services, insurance, manufacturing, utilities, FMCG, and more to remove onerous tasks and processes, releasing human workers to focus on value-added productivity.
While it is headquartered in Texas, Tquila Automation has offices in Austin, Bucharest, Cardiff and London.
What does Tquila Automation do?
It helps enterprises 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.
Through intelligent automation, it helps businesses take care of the tedious stuff and gain back that time to focus on more strategic work. Users of the solution can also reduce errors, boost employee satisfaction and better serve customers. It is possible for businesses to be faster, better and smarter across the enterprise with automation.