UiPath vs Xero: Founders, CEOs and History
UiPath was founded in 2005 by Daniel Dines, Marius Tîrcă and is led by Daniel Dines. Xero was founded in 2006 by Rod Drury, Hamish Edwards and is led by Sukhinder Singh Cassidy.
Company facts
Founders
UiPath
Daniel Dines
Daniel Dines is a Romanian software engineer who co-founded the company that became UiPath in Bucharest in 2005.
Marius Tîrcă
Marius Tîrcă co-founded UiPath in 2005 alongside Daniel Dines. As the absolutely critical technical genius behind the platform, he spent nearly a decade in obscurity building the highly robust, deeply complex screen-scraping and computer vision algorithms that…
Xero
Rod Drury
Rod Drury is a New Zealand software entrepreneur who co-founded Xero in Wellington in 2006 and served as its chief executive until 2018. Before Xero he built software businesses including AfterMail, which he sold to Quest Software.
Hamish Edwards
Hamish Edwards co-founded Xero in 2006 alongside Rod Drury. Working as an accountant, he was deeply furious at how incredibly terrible, slow, and outdated legacy desktop accounting software was.
CEOs and their tenures
UiPath
- Daniel Dines2005–present
Founder & Chief Executive Officer
Led UiPath from a small Bucharest software shop to a public company with $1.6 billion in annual revenue. He was co-CEO from 2022 and Chief Innovation Officer in early 2024 before returning as CEO.
Source - Rob Enslin2022–2024
Co-CEO, then Chief Executive Officer
Recruited from Google Cloud, he served briefly as Co-CEO, bringing absolutely critical enterprise sales discipline to the hyper-growth startup before abruptly resigning in 2024.
Source
Xero
- Rod Drury2006–2018
Co-Founder & Former Chief Executive Officer (2006-2018)
As Co-Founder and legendary CEO, he was the absolute visionary who completely revolutionized the deeply boring accounting software industry by making the software beautiful, cloud-native, and highly integrated with banking APIs.
Source - Sukhinder Singh Cassidy2023–present
Chief Executive Officer
Under her leadership revenue grew from ~$812 million (NZ$1.40 billion) in FY23 to ~$1.59 billion (NZ$2.75 billion) in FY26, and Xero moved from a net loss to a net profit.
Source
Timeline: UiPath and Xero side by side
2005UiPath
DeskOver founded in Bucharest by Daniel Dines and Marius Tîrcă.
2006Xero
Rod Drury and Hamish Edwards found Xero in Wellington, New Zealand.
2007Xero
Xero lists on the NZX.
2010Xero
Peter Thiel Invests
Peter Thiel's Valar Ventures invested in Xero in 2010.
2012Xero
Xero lists on the ASX.
2015UiPath
Company renamed UiPath after refocusing on robotic process automation.
2017UiPath
Series A Funding
UiPath raised $30 million in a Series A round led by Accel in 2017.
2018UiPath
Unicorn Valuation
UiPath raised $153 million in March 2018 at a valuation of about $1.1 billion.
2018Xero
Steve Vamos succeeds Rod Drury as CEO; Xero buys Hubdoc and delists from the NZX.
2019UiPath
Acquired ProcessGold
UiPath acquired ProcessGold.
2020Xero
Waddle Acquired
Xero bought the invoice-lending platform Waddle in 2020.
2021UiPath
UiPath lists on the New York Stock Exchange as PATH.
2021Xero
Acquired Planday A/S
Xero acquired Planday A/S for $184 million.
2022UiPath
Acquired Re:infer
UiPath acquired Re:infer.
2023Xero
Sukhinder Singh Cassidy becomes CEO.
2024UiPath
Daniel Dines returns as sole CEO after Rob Enslin steps down.
2025UiPath
UiPath acquires Peak, an AI company based in Manchester, UK.
2025Xero
Claire Bramley becomes CFO on 1 April; Xero completes the Melio acquisition on 15 October.
2026UiPath
UiPath acquires WorkFusion and reports its first profitable fiscal year.
2026Xero
Matan Bar named CEO of Xero US; FY26 revenue reaches ~$1.59 billion (NZ$2.75 billion).
Acquisitions
UiPath
- WorkFusion2026Undisclosed
- Peak2025Undisclosed
- Re:infer2022Undisclosed
- ProcessGold2019Undisclosed
Questions about UiPath vs Xero
Who is the CEO of UiPath and Xero?
UiPath is led by Daniel Dines and Xero is led by Sukhinder Singh Cassidy. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was UiPath founded vs Xero?
UiPath was founded in 2005 — 1 year before Xero, which was founded in 2006. UiPath's longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger Xero.
How many employees does UiPath have compared to Xero?
UiPath employs approximately 3,868 people, while Xero employs approximately 4,400. Xero has the larger workforce at 4,400 employees, compared to UiPath's 3,868. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).
Where are UiPath and Xero headquartered?
UiPath is headquartered in United States and Xero is headquartered in New Zealand. Their different home markets mean they may face different regulatory frameworks, tax regimes, and currency exposure.
Who founded UiPath and Xero?
UiPath was founded by Daniel Dines, Marius Tîrcă. Xero was founded by Rod Drury, Hamish Edwards.
Which company has a longer operating history — UiPath or Xero?
UiPath has been operating for approximately 21 years, making it the more established of the two companies. Xero has been in operation for around 20 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the UiPath vs Xero overview