Workiva

Workiva

Connected reporting and compliance software provider

About Workiva

Simplify's Rating
Why Workiva is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Enterprise Software

Fintech

Company Size

1,001-5,000

Company Stage

IPO

Total Funding

$45.6M

Headquarters

Ames, Iowa

Founded

2008

Overview

Company Does Not Provide H1B Sponsorship

Workiva offers connected reporting and compliance software that helps organizations streamline their reporting processes. The platform allows users to link data elements, ensuring that updates are automatically reflected across all related reports, which enhances data accuracy and reduces risks. Workiva operates on a subscription-based model and serves a diverse range of clients, including 75% of Fortune 500 companies, highlighting its significant market presence. The company's goal is to continuously improve data accessibility and control for its clients.

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Simplify's Take

What believers are saying

  • Increased demand for ESG reporting solutions boosts Workiva's market potential.
  • The acquisition of Sustain.Life enhances Workiva's climate tech capabilities.
  • Partnerships with firms like CrossCountry Consulting expand Workiva's reach and solutions.

What critics are saying

  • Increased competition could erode Workiva's market share in fintech.
  • Rapid technological advancements may require continuous R&D investment, impacting margins.
  • Economic downturns could reduce spending on compliance software, affecting revenue.

What makes Workiva unique

  • Workiva's Wdesk platform offers synchronized data and controlled collaboration for enterprises.
  • The platform supports real-time data updates across all linked reports, ensuring accuracy.
  • Workiva's subscription-based model provides financial stability and recurring revenue.

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Funding

Total Funding

$45.6M

Below

Industry Average

Funded Over

6 Rounds

Post IPO Convertible funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Convertible Funding Comparison
Coming Soon

Benefits

Health, dental, and vision

Vacation accruals

Life and disability insurance

Employee stock purchase plan

Volunteer time-off

Parental leave

401(k) match

Travel insurance

Paid Holidays

Work remotely

Discount programs

Health and Wellness

Pet-friendly Atmosphere

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

-4%
Stock Titan
Dec 20th, 2024
Unpacking Scope 2 and Scope 3 Emissions

Workiva has released a new episode of ESG Talk featuring discussions on Scope 2 and Scope 3 emissions.

Stock Titan
Dec 13th, 2024
Carbon Solutions and Sustainable Aviation

Workiva has released a new episode of ESG Talk podcast focusing on climate solutions and sustainable aviation.

Stock Titan
Nov 29th, 2024
Amalgamated Bank: AI, Strategy, and Social Responsibility

In a replay episode of ESG Talk, Amalgamated Bank's CEO Priscilla Sims Brown and CFO Jason Darby join Workiva's CIO Kim Huffman to discuss how the bank utilizes technology to advance its mission-driven business model.

MarketBeat
Nov 29th, 2024
FORA Capital LLC Invests $479,000 in Workiva Inc. (NYSE:WK)

FORA Capital LLC invests $479,000 in Workiva Inc. (NYSE:WK).

PR Newswire
Nov 21st, 2024
Deloitte Announces New Workiva Esg Accelerators To Help Streamline Csrd Compliance

Four new accelerators focus on double materiality review, finance emissions calculations, gap assessments and compliance workflow tracking. NEW YORK, Nov. 20, 2024 /PRNewswire/ -- In an extension of Deloitte and Workiva's existing alliance and environmental, social and governance (ESG) accelerators, Deloitte and Workiva announced today the release of four new sustainability-focused accelerators to help organizations streamline regulatory compliance activities required under the European Union's (EU) Corporate Sustainability Reporting Directive (CSRD). The new accelerators provide organizations with tools to help enhance double materiality review, calculate financed emissions, conduct regulatory gap assessments and track related workflows. Available now in the Workiva Marketplace, the new Deloitte-built accelerators are offered along with Deloitte's advisory services and are designed to help expand and enhance organizations' sustainability-focused governance, risk and compliance (GRC) controls and automation functionality within the Workiva platform to help further ease compliance activities related to the CSRD and other EU regulatory standards

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