How Workday hit $4.3B Revenue with 8K customers in 2022.
Workday is a software-as-a-service provider that offers enterprise resource planning software for medium and large enterprises. The firm's roots are in ERP software vendor PeopleSoft, which was founded by Workday cofounder David Duffield, while fellow Workday cofounder Aneel Bhusri served as vice chairman at PeopleSoft. The company's product portfolio is centered on human capital and financial management software, though it continues to add new applications to the product set. Just over 75% of the firm's revenue comes from the U.S. The company continues to grow by making periodic small acquisitions.
In 2022, Workday revenue run rate hit $4.3B in revenue.
Workday hit $4.3B in revenue in 2021
Workday launched in 2005 with $0 revenue
Workday Funding History
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2011 Series F
Workday raised a Series F of $85M at a $1.9B valuation in October 2011
2009 Series E
Workday raised a Series E of $75M
2007 Series B
Workday raised a Series B of $20.3M
2007 Series B
Workday raised a Series B of $20M
2006 Series A
Workday raised a Series A of $15.3M
2005 Series A
Workday raised a Series A of $15M
Workday has 13595 total employees and 1 sales reps that carry a quota. They have 8000 customers an engineering team of 3994 and a marketing team of 280