Workato was founded in 2013 by Vijay Tella, Gautham Viswanathan, and Dimitris Kogias. Workato has not officially endorsed a plan to participate in an IPO.
Workato is a workflow automation platform. Per Forge data, Workato has raised a total of $415 million in funding over 5 rounds. Their latest funding was raised on Nov 10, 2021, from a Series E round. Key investors include Storm Ventures, Redpoint, Altimeter Capital, Battery Ventures, and Insight Partners.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
11/10/2021 | Series E | $200MM | $xx.xx | $5.73B | Altimeter Capital, Battery Ventures, Insight Partners, Tiger Global Management | |
Price per Share
$xx.xx
Shares Outstanding
12,308,748
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Altimeter Capital, Battery Ventures, Insight Partners, Tiger Global Management
|
||||||
01/12/2021 | Series D | $110MM | $xx.xx | $1.72B | Altimeter Capital, Battery Ventures, Insight Partners, Redpoint Ventures | |
Price per Share
$xx.xx
Shares Outstanding
20,835,094
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Altimeter Capital, Battery Ventures, Insight Partners, Redpoint Ventures
|
||||||
11/11/2019 | Series C | $90MM | $xx.xx | $560.07MM | Battery Ventures, Geodesic Capital, Norwest Venture Partners, Redpoint Ventures, Storm Ventures | |
Price per Share
$xx.xx
Shares Outstanding
50,394,022
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Battery Ventures, Geodesic Capital, Norwest Venture Partners, Redpoint Ventures, Storm Ventures
|
||||||
12/05/2018 | Series B-2 | $3.5MM | $xx.xx | $149.8MM | Battery Ventures, Servicenow, Storm Ventures, Workday Ventures | |
Price per Share
$xx.xx
Shares Outstanding
5,776,528
Liquidation Pref Order
1
Liquidation Pref As Multiplier
2.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Battery Ventures, Servicenow, Storm Ventures, Workday Ventures
|
||||||
12/05/2018 | Series B-1 | $21.5MM | $xx.xx | $149.8MM | Battery Ventures, Servicenow, Storm Ventures, Workday Ventures | |
Price per Share
$xx.xx
Shares Outstanding
35,484,380
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Battery Ventures, Servicenow, Storm Ventures, Workday Ventures
|
||||||
07/18/2017 | Series A | $10.02MM | $xx.xx | $45MM | Salesforce Ventures, Storm Ventures, Workday Ventures | |
Price per Share
$xx.xx
Shares Outstanding
43,381,320
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Salesforce Ventures, Storm Ventures, Workday Ventures
|
||||||
12/01/2015 | Series Seed | $6.23MM | $xx.xx | $21.1MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
41,262,144
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|