Workato

Valuation $6B

About Workato

Workato is an enterprise automation platform that helps organizations work faster and smarter without compromising governance and security.
Headquarters Workato, Mountain View
Founded 2013-01-01
Industry Cloud Computing, Data Integration, Marketing Automation, SaaS, Sales Automation
Last Funding Type Series E
Valuation 6
Total Funding $415.00 million dollars
IPO Status Private

Financial

Workato may be growing as evidenced by the launch of its annual industry report, which highlights a significant increase in automation and AI adoption, suggesting a rising demand for their services. Additionally, the company's achievement of the 2024 Great Place To Work Certification™ indicates a positive work environment that could contribute to employee retention and attract talent, supporting potential operational growth. Furthermore, being recognized in an article discussing the top ETL tools and software for 2024 implies that Workato's offerings are well-regarded in the industry, which may correlate with increased market presence and customer trust.

Workato, Inc. is focused on enhancing enterprise automation through the development of systems that identify differences in software recipe versions and facilitate late connection binding for bots. Their technology includes intelligent bots capable of orchestrating automation, integrating event data, and interfacing with multiple applications. These bots are designed to be adaptable and trainable, ensuring seamless operation across various software ecosystems. The company's R&D efforts also involve customizing software recipes to respond to triggers and actions, optimizing the execution of tasks within an enterprise environment. Each R&D initiative contributes to the goal of streamlining organizational workflows.

Workato announced the launch of new tools aimed at simplifying data orchestration and introduced comprehensive Data Orchestration capabilities. The company also made two new leadership appointments and was named to the Redpoint InfraRed 100 list. Additionally, Workato won in two categories at the 2024 Appelalie awards.
Funding Rounds 5
Number of Lead Investors 5
Total Funding Amount  $415.00 million dollars
Number of Investors 13

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Anshu Sharma
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