How Workato hit $100.5M revenue and 11K customers in 2023.
Workato is a cloud-based automation platform that operates the website workato.com. The company was founded in 2013 and is headquartered in Mountain View, California, with additional offices in Bangalore, India, and London, UK. Workato's platform provides businesses with a flexible and scalable way to automate their workflows and integrate their various applications and data sources. The platform uses a visual interface and drag-and-drop tools to enable users to create custom integrations and automations without needing to write code. Workato offers a range of pre-built connectors and templates for various applications and services, including Salesforce, Slack, Shopify, and Zendesk. Workato serves clients across various industries, from small startups to large enterprises, with a focus on providing a powerful and user-friendly automation solution that can improve productivity, efficiency, and agility. The company has received numerous awards and recognition for its innovative approach to automation, including being named a Gartner Cool Vendor in Integration and Platform as a Service in 2020.
2013
Founded
$100.5M
2023 Revenue
15.59%
YOY
$415M
Funding
Workato Revenue
In 2023, Workato revenue run rate hit $100.5M in revenue.
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2023
Workato hit $100.5M in revenue in 2023
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2022
Workato hit $86.9M in revenue in 2022
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2022
Workato hit $86.9M in revenue in 2022
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2021
Workato hit $65M in revenue in 2021
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2021
Workato hit $65M in revenue in 2021
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2020
Workato hit $42M in revenue in 2020
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2019
Workato hit $19M in revenue in 2019
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2018
Workato hit $7.2M in revenue in 2018
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2013
Workato launched in 2013 with $0 revenue
Workato Funding History
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2021 Series E
Workato raised a Series E of in November, 2021
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2021 Series D
Workato raised a Series D of in January, 2021
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2019 Series C
Workato raised a Series C of in January, 2019
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2018 Series B
Workato raised a Series B of in January, 2018
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2017 Series A
Workato raised a Series A of in January, 2017
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| November, 10 2021 | Series E | ||
| January, 12 2021 | Series D | ||
| January, 01 2019 | Series C | ||
| January, 30 2018 | Series B | ||
| January, 01 2017 | Series A |
Team
Workato has 893 total employees and 150 sales reps that carry a quota. They have 11,000 customers an engineering team of 98 and a marketing team of 41.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 893 |
| Engineer | 98 (11%) |
| Sales | 150 (17%) |
| Marketing | 41 (5%) |
Founder / CEO
Vijay Tella
Vijay has led creation of market leading integration technologies for over 25 years. Prior to Workato, he was the CEO of Qik, a consumer video communications company acquired by Skype. Before Qik, he helped create two multi-billion dollar integration products. He was part of the team that created world’s first middleware platform, TIB (The Information Bus) at Teknekron Software Systems, which was acquired by Reuters Plc, in 1994. He was also on the founding team and SVP, Engineering of TIBCO through its IPO. As Chief Strategy Officer, he then helped launch Oracle’s Fusion Middleware platform in 2005.
Q&A
-
What's your age?
54
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Favorite online tool?
23:50 Pomodoro Timers
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Favorite book?
Hard thing about hard things
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Favorite CEO?
Vivek TIPCO
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Advice for 20 year old self
Be more patient
Customers
Churn
Workato Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Vijay Tella | CEO | [email protected] | - |
| Vijay Tella | Founder, Chief Executive Officer | [email protected] | [email protected] |
| Warrick W | Enterprise Account Executive | - | - |
Workato Employees
Workato Board of Directors
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Neeraj Agrawal | Board Member | - | [email protected] |
Frequently Asked Questions about Workato
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When was Workato founded?
Workato was founded in 2013.
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How much revenue does Workato generate?
Workato generates $100.5M in revenue.
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Who is the CEO of Workato
The CEO of Workato is Vijay Tella.
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How much funding does Workato have?
Workato raised $415M.
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How many employees does Workato have?
Workato has 893 employees.
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Where is Workato headquarters?
Workato is headquartered at 215 Castro St, Ste. 300, Mountain View, California, 95014, United States
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