Workday offers enterprise cloud software for human capital management, payroll, financial management, planning and analytics. The platform focuses on unifying HR and finance datasets to give leaders a single source of truth for workforce planning, talent management, payroll compliance and financial consolidation. Workday emphasizes frequent delivery, extensible integrations and AI/ML features that automate routine tasks and surface workforce insights. The company serves large enterprises across industries that require robust governance, security and global payroll capabilities.
What Is Workday and What Does It Do?
Workday, founded in 2005 by Dave Duffield, Aneel Bhusri and Kasper Hulthin, is a Pleasanton-based (United States) HRTech and ERP company offering cloud HCM, financial management and planning software. Workday employs 11,805 people.
Workday builds systems that replace legacy ERP and on-prem HR suites with an integrated cloud solution for payroll, benefits, recruiting, talent management, financial accounting and planning. Its focus is on enterprise governance, extensibility via APIs, and analytics that help organisations align workforce strategy with financial goals.
How Much Funding Has Workday Raised?
1. Series F
- Amount Raised: $98.6M
- Date: March 15, 2012
- Lead Investors: T. Rowe Price, Morgan Stanley, Bezos Expeditions
- Motivation: Accelerate enterprise sales and R&D.
2. Series F (earlier tranche)
- Amount Raised: $85M
- Date: October 24, 2011
- Lead Investors: Bezos Expeditions, Morgan Stanley
- Motivation: Scale global operations and product development.
3. Post-IPO
- Amount Raised: $45.7M
- Date: May 15, 2013
- Lead Investors: Institutional participants
- Motivation: Balance sheet strengthening and continued growth.
Total Funding Raised: $352M
Latest Funding Date: May 2013
Key Investors
1. T. Rowe Price
- Details: Global asset manager participating in growth rounds.
- Investment Focus Areas: Enterprise SaaS, fintech, healthcare.
- Notable Investments: Zoom, Snowflake, CrowdStrike.
Where Is Workday’s Headquarters?
Workday is headquartered in Pleasanton, California, United States, within the Bay Area enterprise software ecosystem.
What’s Next for Workday?
Workday’s roadmap focuses on deeper AI-driven workforce insights, expanded analytics and planning, multi-cloud connectivity, and enhanced automation for HR and finance operations to support large global enterprises.
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