Workato: Raises $200M in Series E Funding at a $5.7 Billion Valuation

Workato Raises $200M in Series E Funding at a $5.7 Billion Valuation

  • Workato, a Mountain View, Calif.-based enterprise automation company, raised $200m in Series E funding
  • The round, which valued Workat at $5.7 billion and total funding raised to date to over $420m, was led by Battery Ventures
  • The company intends to use the funds to further accelerate its product roadmap and leadership in enterprise automation
  • The company provides an enterprise automation platform that can be used by both Business and IT to automate their critical business processes
  • More than 11,000 customers now use the company’s platform including Stitch Fix, Gitlab, NYU, Nokia, Lucid Motors, joining Broadcom, Toast, and many others
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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