What is Workato?
Workato operates as a premier integration and automation platform, designed to empower organizations to connect disparate applications and streamline complex workflows. By leveraging a low-code, cloud-native architecture, the company enables businesses to automate mission-critical processes without the traditional overhead of extensive custom development. This approach not only improves operational agility but also fosters a culture of continuous improvement, allowing teams to achieve greater productivity across their enterprise systems. As a leader in the integration-platform-as-a-service (iPaaS) market, Workato is uniquely positioned to capitalize on the increasing demand for seamless data connectivity and automated business logic.
How much funding has Workato raised?
Workato has raised a total of $415M across 5 funding rounds:
Series A
$10M
Series B
$25M
Series C
$70M
Series D
$110M
Series E
$200M
Series A (2017): $10M with participation from Workday Ventures, Storm Ventures, and Salesforce Ventures
Series B (2018): $25M led by Battery Ventures
Series C (2019): $70M supported by Storm Ventures, Geodesic Capital, Redpoint Ventures, Battery Ventures, and Norwest Venture Partners
Series D (2021): $110M featuring Altimeter Capital, Insight Partners, Redpoint Ventures, and Battery Ventures
Series E (2021): $200M backed by Tiger Global Management, Altimeter Capital, Geodesic Capital, Redpoint Ventures, Battery Ventures, and Insight Partners
Key Investors in Workato
Battery Ventures
Battery partners with exceptional founders and management teams developing category-defining businesses in markets including software and services, enterprise infrastructure, and industrial technology.
Insight Partners
Insight Partners is a global venture capital and private equity firm investing in high-growth technology and software scale-up companies that are driving transformative change in their industries.
Altimeter Capital
Altimeter Capital is an investment firm that partners with technology companies from early growth through public markets, managing concentrated, long-term portfolios to support durable value creation.
What's next for Workato?
With the support of its latest capital injection, Workato is well-positioned to accelerate its product roadmap and expand its global footprint. The strategic focus will likely center on deepening its AI-driven automation capabilities and enhancing its enterprise-grade security features to meet the rigorous demands of large-scale deployments. Furthermore, the company is expected to leverage its strong investor network to penetrate new international markets and strengthen its ecosystem of pre-built connectors. As the enterprise landscape continues to prioritize digital resilience, Workato's ability to scale its platform while maintaining high performance will be the primary driver of its long-term market leadership.
See full Workato company page
