How Much Did Workato Raise?
Funding & Key Investors

Workato has solidified its position as a cornerstone of the modern enterprise automation landscape, securing a total of $415M in cumulative capital to date. The company's trajectory reflects a consistent ability to attract high-caliber institutional backing, most recently evidenced by a $200M major strategic investment. This influx of financing underscores the market's confidence in Workato's ability to bridge the gap between disparate enterprise systems through its sophisticated integration and automation platform.

By maintaining a rigorous growth strategy, the firm has successfully navigated multiple funding rounds, evolving from its initial Series A in 2017 to its current status as a leader in the digital transformation space. This latest capital injection serves as a catalyst for further product innovation and market expansion, ensuring the company remains at the forefront of the automation revolution.

What is Workato?

Workato
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Workato operates as a premier integration and automation platform, designed to help organizations connect complex applications, streamline operational workflows, and accelerate digital transformation initiatives. Founded by veterans in the integration technology sector, the company provides a robust, low-code environment that empowers businesses to automate intricate processes, improve cross-departmental efficiency, and foster a culture of agility. By enabling teams to work smarter across their existing enterprise systems, Workato has become an essential utility for companies looking to eliminate data silos and enhance productivity in an increasingly fragmented software ecosystem.

How much funding has Workato raised?

Workato has raised a total of $415M across 5 funding rounds:

2017

Series A

$10M

2018

Series B

$25M

2019

Series C

$70M

2021

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 Geodesic Capital, Redpoint Ventures, Norwest Venture Partners, Storm Ventures, and Battery Ventures

Series D (2021): $110M featuring Altimeter Capital, Battery Ventures, Redpoint Ventures, and Insight Partners

Series E (2021): $200M backed by Battery Ventures, Altimeter Capital, Geodesic Capital, Tiger Global Management, Insight Partners, and Redpoint Ventures

Key Investors in Workato

Battery Ventures

Battery Ventures is a global investment firm founded in 1983 that partners with category-defining companies across software, enterprise infrastructure, and industrial technology sectors.

Altimeter Capital

Altimeter Capital is a technology-focused investment firm that manages concentrated, long-term portfolios and supports founders through public market transitions.

Insight Partners

Insight Partners is a leading global venture capital and private equity firm that invests in high-growth software companies, providing operational support through its dedicated platform.

What's next for Workato?

With the support of its latest strategic investment, Workato is well-positioned to scale its operations and deepen its footprint in the global enterprise market. The company is expected to leverage this capital to enhance its AI-driven automation capabilities, expand its partner ecosystem, and continue its mission of democratizing integration technology. As organizations continue to prioritize digital resilience, Workato's focus on scalable, secure, and user-friendly automation will likely remain a key driver of its long-term value creation and market leadership.

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Frequently Asked Questions Regarding Workato Financial Insights

What are the most recent funding rounds that Workato has completed, and what were the funding rounds?
Workato has recently completed 3 funding rounds: Series E on Nov 10, 2021, Series D on Jan 12, 2021, Series C on Nov 11, 2019.
What is the total amount of funding Workato has raised to date?
Workato has raised a total of $415M in funding to date.
How many funding rounds has Workato completed?
Workato has completed 3 funding rounds.
How much funding did Workato raise in its most recent funding round?
Workato raised $200M in its most recent funding round.
Who are the lead investors in Workato's latest funding round?
The lead investor in Workato's latest funding round was Battery Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Workato's history?
The largest funding round in Workato's history was $200M.
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