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Workato Stock (WORA)
Enterprise Automation Platform
Workato is an enterprise automation tool that helps companies automate business processes and data integration.
About Workato Stock
Founded
2013
Headquarters
Mountain View, CA, US
Total Funding
441M
Industries
Software, Data and Analytics, Sales and Marketing
Workato is an enterprise automation tool that helps companies automate business processes and data integration. Workato is a low-code/no-code, cloud-based iPaaS Solution, that is hosted on public cloud infrastructure from Google Cloud Platform and Amazon Web Services (AWS). The Workato platform has features that are set to handle real-world problems, including the integration of applications, data, and people.
Workato was founded in 2013 and is headquartered in Moutain View, California. Notable investors include Altimeter Capital, Battery Ventures, Insight Venture Partners, Tiger Global, and Redpoint Ventures.
Workato Press Mentions
Stay in the know about the latest news on Workato
Workato Launches GO: A New AI Super App to Search, Act, and Orchestrate Across the Enterprise
techrseries • Jun 25, 2025
Workato Launches GO: A New AI Super App to Search, Act, and Orchestrate Across the Enterprise
morningstar • Jun 24, 2025
World’s Top Remote Technology Innovators Honored in 6th Annual RemoteTech Breakthrough Awards Program
globenewswire • Jun 20, 2025
Workato Appoints Will Corkery as Chief Revenue Officer
citybiz • May 22, 2025
Workato launches Workato One Platform, uniting AI and industry’s leading orchestration offering to bring agents to the core of the enterprise
itwire • May 05, 2025
Investors in Workato
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Workato Management
Leadership team at Workato
Chief Executive Officer
Vijay Tella
VP of Product
Gautham Viswanathan
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Workato Key Facts
- Workato has exhibited strong financial performance as it reportedly grew its revenue by 484% from fiscal 2020 to 2023 and was named one of the fastest-growing companies in North America by the 2024 Deloitte Technology Fast 500. To achieve this award, companies must have base-year operating revenue of at least $50,000 and current-year operating revenues of at least $5 million. This may highlight Workato's commitment to growth and innovation.
- Workato forged a strategic partnership with Deloitte in August 2024. Workato hopes this alliance can help the company deliver innovation and operational efficiencies to clients by tapping into Deloitte's large network and industry knowledge. Workato may leverage this partnership to also expand its client base and service offerings which could lead to future growth.
- Workato reports that it strengthened its commitment to cyber security and compliance by announcing its Level 1 compliance with the Payment Card Industry's (PCI) Data Security Standard (DSS) for Service Providers, the highest level for the industry. This certification may help solidify Workato's position as a trusted partner for businesses across industries that require the highest security, governance, and compliance levels.
- Workato experienced a workforce reduction in 2023 of 10% of its workforce or about 90 employees and now has around 824 employees following these cuts. Not only do layoffs raise concerns about future profitability but they may also signify potential operational challenges.
- As the demand for agentic capabilities increase, Workato will face heavier competition from industry leaders and other startups. In October 2024, Salesforce Inc. launched Agentforce and around the same time developers from Google, Meta Platforms Inc, Stripe and Dropbox all raised more than $50 million to build an operating system for agents. Numerous competitors could challenge Workato's market share, especially if Workato fails to further innovate with its agentic capabilities.
- While Workato's partnerships with firms like Deloitte can drive growth, an over-reliance on such alliances could pose potential risks especially if market dynamics or financial positions change.
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