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Tungsten Automation - About the company

Tungsten Automation is an acquired company based in Irvine (United States), founded in 1985 by David Silver. It operates as a Provider of intelligent automation solutions for digital workflow transformation. Tungsten Automation has raised an undisclosed amount in funding. The company has 7077 active competitors, including 445 funded and 286 that have exited. Its top competitors include companies like Box, Pipefy and Moveworks.

Company Details

Tungsten Automation, formerly known as Kofax, is a global leader in Intelligent Automation with expertise in digital workflow transformation. They provide market-leading solutions and services that deliver unmatched efficiencies in workflow automation.
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Phone Number
+1 **********
Registered Address
5, Lyskær, Herlev, 2730
Key Metrics
Founded Year
1985
Location
Irvine, United States
Stage
Acquired
Latest Funding Round
Investors
Ranked
Employee Count
1,568 as on May 31, 2026
Similar Companies
Exit Details
Acquired by TA Associates (Jul 25, 2022)

Tungsten Automation's acquisition details

Tungsten Automation got acquired by TA Associates and Clearlake Capital Group on Jul 25, 2022.
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Tungsten Automation's funding and investors

Tungsten Automation has raised funding over 4 rounds. Its first funding round was on Jan 14, 2014. Its latest funding round was a Post IPO round on Aug 23, 2022 for $*****. 1 investor participated in its latest round. Tungsten Automation has 3 institutional investors.

Here is the list of recent funding rounds of Tungsten Automation:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 23, 2022
9161725
Post IPO
4020205
7104290
9229312
7121136
Aug 28, 2014
1528054
Post IPO
5332921
7189670
6326623
5421920
Jun 17, 2014
9091011
Post IPO
3535516
1182218
1685425
8539128
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Tungsten Automation's founders and board of directors

Founder? Claim Profile
The founders of Tungsten Automation is David Silver. Reynolds Bish is the CEO of Tungsten Automation.
Here are the details of Tungsten Automation's key team members:

Tungsten Automation's employee count trend

Tungsten Automation has 1,568 employees as of May 26. Here is Tungsten Automation's employee count trend over the years:
Employee count trend for Tungsten Automation
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Tungsten Automation's Competitors and alternates

Top competitors of Tungsten Automation include Box, Pipefy and Moveworks. Here is the list of Top 10 competitors of Tungsten Automation, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Box
Box
2005, Redwood City (United States), Public
AI based platform for secure collaboration, content management, and workflow
$693M
80/100
2nd
Logo for Pipefy
Pipefy
2015, San Francisco (United States), Series C
SaaS-based workflow and task management solution provider
$149M
75/100
3rd
Logo for Moveworks
Moveworks
2016, Mountain View (United States), Acquired
Developer of an AI assistant platform for enterprise workflow automation
$315M
73/100
4th
Logo for UiPath
UiPath
2005, New York City (United States), Public
Provider of a platform for agentic automation and AI solutions
$1.96B
72/100
5th
Logo for WorkFusion
WorkFusion
2010, New York City (United States), Acquired
Provider of robotic process automation and chatbot solutions to automate work processes
$411M
71/100
6th
Logo for TaskUs
TaskUs
2008, San Antonio (United States), Acquired
Provider of customer care and back office support services for multiple sectors
$15M
71/100
7th
Logo for UnifyApps
UnifyApps
2023, New York (United States), Series B
AI-powered enterprise platform offering a unified integration layer to connect systems of record
$84.2M
69/100
8th
Logo for Blue Prism
Blue Prism
2001, Warrington (United Kingdom), Acquired
Cloud-based platform for cognitive automation
$30.5M
68/100
9th
Logo for Zapier
Zapier
2011, San Francisco (United States), Seed
Provider of a platform for automating workflows and integrating applications
$2.68M
68/100
10th
Logo for Gumloop
Gumloop
2023, San Francisco (United States), Series B
AI-powered platform for building and hosting LLM powered automations
$70.6M
68/100
33rd
Logo for Tungsten Automation
Tungsten Automation
1985, Irvine (United States), Acquired
Provider of intelligent automation solutions for digital workflow transformation
-
60/100
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Tungsten Automation's Investments and acquisitions

Tungsten Automation has made no investments or acquisitions yet.

Reports related to Tungsten Automation

Here is the latest report on Tungsten Automation's geography:

News related to Tungsten Automation

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Media has covered Tungsten Automation for a total of 21 events in the last 1 year, 11 of them have been about company updates and 4 about people movement.
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