Workato

Workato

Cloud-based automation and integration platform

About

Workato provides a cloud-based platform for automating and integrating business processes using artificial intelligence. The platform helps organizations improve efficiency by unifying integration and automation, which reduces the complexity of using multiple tools and enhances productivity. Workato's features include automated ticket escalation, threat detection, compliance management, and secure onboarding processes. Clients subscribe to the service for access to these features, allowing Workato to maintain a steady revenue stream and scale its operations. A standout feature, AI@Work, enables users to create intelligent systems by incorporating AI into their workflows, making technology more accessible and facilitating business transformation. The platform is designed to adapt to changing business needs, lower operational costs, and speed up the implementation of integrations and automations.

Company Stage

Series E

Employees

1,001-5,000

Industries

Enterprise Software, AI & Machine Learning

Total Funding

$403.7M

Headquarters

Mountain View, California

Founded

2013


Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for AI-driven automation in healthcare boosts Workato's market potential.
  • Hybrid work models increase the need for Workato's remote work helpdesk features.
  • Rising interest in low-code/no-code platforms aligns with Workato's AI@Work feature.

What critics are saying

  • Emerging AI-driven platforms may erode Workato's market share with competitive pricing.
  • Rapid AI advancements require Workato to invest heavily in R&D to stay competitive.
  • Economic downturns could reduce client spending on Workato's subscription services.

What makes Workato unique

  • Workato offers AI-driven automation with a focus on security and governance.
  • The platform supports low-code/no-code integrations, empowering non-technical users.
  • Workato's Virtual Private Workato caters to highly regulated industries with stringent security needs.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-4%

Benefits

Flexible working arrangements

EAP

Health insurance

Stock options

Professional development

PTO

Company events & recreation time

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