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Workato is an enterprise integration and automation software company headquartered in Palo Alto, California. Founded in 2012 by four co-founders, the company builds tools that allow business users, not just developers, to connect cloud applications and automate workflows across large organizations. The platform is positioned as an enterprise-grade alternative to consumer-oriented integration tools, drawing on the founding team's decades of experience at TIBCO, Oracle, and other infrastructure software companies.
As of early 2018, Workato had approximately 21,000 organizations signed up on the platform, with more than 1,000 paying customers and 60 to 70 new signups per day. The company had raised $17 million in total funding, including roughly $10 million from the founders themselves, with Salesforce, Workday, and Storm Ventures as investors. The company reported 300% revenue growth in 2017 and a CAC payback period of under twelve months.
By November 2021, Workato had raised a $200 million Series E led by Battery Ventures, bringing total funding to $421 million at a $5.7 billion valuation. The company has continued to scale, reaching an estimated 1,300 to 1,370 employees by 2026 and reporting 35% year-over-year ARR growth in fiscal year 2026 ending January 31, 2026.
