Startup Grind Journal

Episode 25: George Roth On The First Wave of Romania’s Tech Entrepreneurs, Thinking Big and Giving Back to the Community


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George Roth’s story is fascinating.

He was a part of the first generation that graduated from the Cluj High School for Informatics. In 1980, he graduated from the University Babeș Bolyai in Cluj, the Faculty of Mathematics and Informatics, and then he moved to the US in 1991, to work as a software architect for a company that was building software solutions for investment companies.

That’s when he had his first breakthrough. He built a financial data “cleaner” (SUMS - Securities Universe Management System), which was implemented in multiple investment companies in the US and Europe.

In 1999 he started Recognos in Cluj, a company that develops software for investment processes. Up until 2018, they were working on a system that extracts data from unformatted documents using AI and NLP.

People started to take notice, so in May 2018 UiPath bought the technology along with a few employees, including George, who started working as a Senior Manager for the successful startup.

George is also very involved in the community, since the 90s. Building, offering support and being the co-founder of Romanian-American Business Network Silicon Valley. This is an organization with hundreds of members, that helps Romanian businesses get in touch with US-based companies.

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Startup Grind JournalBy Stefan Koritar