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Lehi, Utah, United States
Workfront is a Lehi, Utah-based software company that develops web-based work management and project management software that features enterprise work management, issue tracking, document management time tracking and portfolio management., Workfront providers cloud-based enterprise work management solutions for enterprise teams
Last updated
In 2019, WorkFront's revenue reached $200M. The company previously reported $120M in 2017. Since its launch in 1999, WorkFront has shown consistent revenue growth.
WorkFront reached a $1B valuation in 2020.
WorkFront has raised $375M in total funding across 5 rounds, most recently a $280M Secondary Market round in 2019.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2020 | Funding round | - | $1B | - | |
| 2019 | Secondary Market | $280M | - | - | |
| 2015 | Series E |
CEO
As President and CEO, Alex drives Workfront's overall strategy, vision, and execution, ensuring Workfront is a dedicated partner in helping customers transform the work experience. Shootman brings over 25 years of experience in all areas of revenue and profit generation for technology organizations, with significant experience leading SaaS-based companies.
| Question | Answer |
|---|---|
| What's your age? | 55 |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
WorkFront serves 3K customers.
WorkFront employs approximately 1K people as of 2026, down from 1.1K in 2019, including 198 sales reps that carry a quota. It serves 3K customers that rely on its solutions.
WorkFront generates $200M in revenue.
WorkFront was founded by Alex Shootman.
The CEO of WorkFront is Alex Shootman.
WorkFront raised $375M across 5 rounds.
WorkFront has 1K employees.
WorkFront is headquartered in Lehi, Utah, United States.
WorkFront operates across multiple industries. Browse revenue, funding, and growth data for WorkFront in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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Valuation
$1B
2019 Revenue
$200M
Customers
3K
Funding
$375M
Avg ACV
$66.7K
Team · 2020
1K
Founded
1999
| Year | Milestone | Source |
|---|---|---|
| 2019 | WorkFront Hit $200m revenue in March 2019 | |
| 2017 | WorkFront Hit $120m revenue in October 2017 | |
| 2014 | WorkFront Hit $40m revenue in April 2014 | |
| 1999 | Launched with $0 revenue |
| $33M |
| $132M |
| 25% |
| 2014 | Series D | $38M | - | - |
| 2012 | Series C | $17M | - | - |
| 2007 | Series A | $7M | - | - |
| Year | Milestone | Source |
|---|---|---|
| 2020 | Reached 1K employees (December 2020) | |
| 2020 | Reached 1.2K employees (June 2020) | |
| 2020 | Reached 1.1K employees (June 2020) | |
| 2019 | Reached 1.1K employees (December 2019) | |
| 2018 | Reached 1.1K employees (December 2018) | |
| 2018 | Reached 1K employees (June 2018) | |
| 2017 | Reached 849 employees (October 2017) | |
| 2015 | Reached 670 employees (May 2015) | |
| 2014 | Reached 400 employees (April 2014) |
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