What is Workato?
Workato is a leading integration and automation platform designed to empower organizations in connecting disparate applications, streamlining complex workflows, and driving comprehensive digital transformation initiatives. Founded by seasoned pioneers in integration technology, Workato enables businesses to automate critical processes, enhance operational efficiency, and cultivate a culture of continuous improvement. The platform's capabilities are instrumental in helping teams across the enterprise work more intelligently and achieve greater outcomes by optimizing their interconnected system landscape.
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 Salesforce Ventures, Workday Ventures, and Storm Ventures
Series B (2018): $25M led by Battery Ventures
Series C (2019): $70M supported by Norwest Venture Partners, Battery Ventures, Storm Ventures, Redpoint Ventures, and Geodesic Capital
Series D (2021): $110M featuring Insight Partners, Altimeter Capital, Redpoint Ventures, and Battery Ventures
Series E (2021): $200M backed by Redpoint Ventures, Altimeter Capital, Insight Partners, Tiger Global Management, Battery Ventures, and Geodesic Capital
Key Investors in Workato
Insight Partners
Insight Partners is a venture capital firm that invests in high-growth software and internet businesses. Their platform, GO, is designed to support portfolio company leaders in scaling their operations and fostering connections within the Insight Partners ecosystem.
Altimeter Capital
Altimeter Capital is an investment firm that partners with technology companies from early growth through public markets, focusing on concentrated, long-term portfolios and supporting founders with product and strategy.
Redpoint Ventures
Redpoint Ventures is a venture capital firm established in 1999, with a strategic focus on making investments in early growth-stage companies within the technology sector.
What's next for Workato?
The substantial enterprise-level funding secured by Workato positions it for accelerated expansion and continued innovation in the competitive integration and automation market. This capital infusion is expected to fuel further development of its platform, enhance its go-to-market strategies, and potentially support strategic acquisitions. As Workato continues to scale, its focus will likely remain on deepening its capabilities in AI-driven automation and expanding its reach to serve a broader spectrum of enterprise clients seeking to optimize their digital operations and achieve greater business agility.
See full Workato company page
