What is Workiva?
Workiva Inc. is a prominent provider of cloud-based reporting solutions, operating across the United States and internationally. The company's core offering, the Workiva platform, is a multi-tenant cloud software designed for robust data linking, audit trail services, and secure access management. It empowers organizations to integrate data from a wide array of enterprise resource planning (ERP), human capital management (HCM), customer relationship management (CRM), and other third-party cloud and on-premise applications. Workiva serves a diverse clientele, including public and private companies, government agencies, and higher-education institutions, facilitating streamlined and compliant reporting processes. Founded in 2008 and headquartered in Ames, Iowa, Workiva has established itself as a key player in the financial reporting technology sector.
How much funding has Workiva raised?
Workiva has raised a total of $100.8M across 1 funding round:
Stock Offering
$100.8M
Stock Issuance/Offering (2014): $100.8M, investors not publicly disclosed
What's next for Workiva?
The substantial enterprise-level funding and recent strategic investment indicate Workiva is poised for continued expansion and innovation. This capital infusion is likely to fuel further development of its cloud-based reporting platform, enhancing its data integration capabilities and expanding its market reach. Strategic investments often signal a focus on scaling operations, potentially through new market entries, strategic partnerships, or acquisitions. Workiva's trajectory suggests a commitment to solidifying its leadership in the RegTech and financial reporting software space, leveraging its technology to address the evolving compliance and data management needs of its global customer base.
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