logo
logo

Workato Raises $200 Million Series E Funding At A $5.7 Billion Valuation To Accelerate Record Growth And Capitalise On Surging Demand For Enterprise Automation

Nov 10, 2021•almost 4 years ago

Amount Raised

$200 Million

Round Type

series e

London

Description

Workato, the leader in enterprise automation, today announced $200 million in Series E funding led by Battery Ventures, with equal participation from Insight Partners, Altimeter Capital and Tiger Global. Geodesic Capital and Redpoint Ventures also participated in this round of financing. The new funding values Workato at $5.7 billion and comes just nine months after its $110 million Series D. Workato has raised over $420 million in total funding to date.

Company Information

Company

Workato

Location

London, Ontario, Canada

About

The leader in enterprise automation, Workato helps organisations work faster and smarter without compromising security and governance. Built for Business and IT users, Workato is trusted by over 7,000 of the world's top brands like Broadcom, Intuit, Box, Autodesk, and HubSpot. Headquartered in Mountain View, Calif., Workato is backed by Altimeter Capital, Battery Ventures, Insight Venture Partners, Tiger Global, and Redpoint Ventures. For more information, visit www.workato.com or connect with us on social media: ● Blog: https://www.workato.com/the-connector/ ● Business Systems Community: https://systematic.workato.com/ ● Twitter: http://www.twitter.com/workato ● LinkedIn: https://www.linkedin.com/company/workato

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech