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Workato www.workato.com
Research Team Data Active
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Summary Enterprise orchestration platform combining iPaaS, workflow automation, Enterprise MCP and agentic AI agents for secure cross-system execution.
Description Workato connects enterprise systems through recipes, APIs, connectors, Enterprise MCP and AI agents so organizations can automate governed, multi-step workflows and make AI agents predictable, scalable and secure.
Positioning Trusted orchestration layer for AI agents
HQ location Palo Alto, CA, USA
Founded 2013
Employee range 1001-5000
Funding stage Series C Plus
Company type Private
Pricing model subscription
Last updated Jun 21, 2026
Revenue estimate Unknown
Valuation estimate ~$2.1B (down from $5.7B in 2021)
Investments $421M total (Series E; Altimeter Capital, Battery Ventures, Tiger Global)
Target customers Enterprise IT, operations, automation, RevOps, finance and business-process teams
Key competitors Zapier, MuleSoft, Boomi
Known customers Thousands of enterprise customers; customer names not comprehensively disclosed in this row
Segments AI Workflows, AI Agents, AI Developer Tools, Knowledge & RAG, Document AI, AI Quality & Observability, AI Governance & Risk, Chatbots, Analytics & BI