Workday Adaptive Planning is a cloud-based FP&A and workforce planning software platform designed to help organizations streamline financial planning, budgeting, forecasting, workforce modeling, and operational analysis. It enables finance and HR teams to collaborate in real time, improve decision-making, and centralize planning processes.
Widely adopted across industries, the platform integrates with ERP, CRM, HCM, and financial systems, offering advanced reporting, dashboards, and AI-driven insights. With enterprise-grade security and scalable architecture, it supports organizations seeking to replace legacy spreadsheet-driven processes with modern, automated planning.
What Is Workday Adaptive Planning and What Does It Do?
Workday Adaptive Planning, founded by Richard L Dellinger and Rob S Hull in Palo Alto, is a cloud-based enterprise management software company specializing in financial planning, workforce planning, and operational modeling. It provides an integrated suite that enables organizations to manage budgets, forecasts, reporting, and analytics. Workday Adaptive Planning employs 416 employees.
The platform delivers AI-assisted forecasting, scenario modeling, and real-time collaboration. It helps enterprises replace manual planning workflows with automated systems while integrating seamlessly with Workday and other third-party applications, offering a flexible foundation for enterprise-wide planning.
How Much Funding Has Workday Adaptive Planning Raised?
1. Series G
- Amount Raised: $75M
- Lead Investors: JMI Management, Monitor Ventures, Information Venture Partners, Cardinal Venture Capital, Bessemer Venture Partners, ONSET Ventures, Norwest Venture Partners
- Motivation: To accelerate product development and expand enterprise adoption.
2. Series F
- Amount Raised: $45.7M
- Lead Investors: Bessemer Venture Partners, Royal Bank of Canada, Norwest Venture Partners, ONSET Ventures, Cardinal Venture Capital, Monitor Ventures, Salesforce Ventures
- Motivation: To scale operations and strengthen integrations with cloud ecosystems.
3. Series E
- Amount Raised: $22.1M
- Lead Investors: Norwest Venture Partners, ONSET Ventures, Monitor Ventures, Cardinal Venture Capital, Relay Ventures, RBC Royal Bank
- Motivation: To enhance core planning capabilities and support global expansion.
Total Funding Raised: $176M
Latest Funding Date: June 2015
Key Investors
1. Bessemer Venture Partners
- Details: A leading global VC firm known for backing category-defining SaaS companies.
- Investment Focus Areas: SaaS, cloud software, enterprise tech.
- Notable Investments: LinkedIn, Shopify, Twilio.
2. Norwest Venture Partners
- Details: A multi-stage investment firm supporting high-growth technology companies.
- Investment Focus Areas: Enterprise tech, SaaS, healthcare.
- Notable Investments: Spotify, Calm, Udacity.
3. JMI Management
- Details: A private equity firm investing in high-growth software businesses.
- Investment Focus Areas: Software, B2B SaaS, enterprise solutions.
- Notable Investments: ServiceNow, Arena.
4. Salesforce Ventures
- Details: The strategic investment arm of Salesforce, supporting enterprise cloud solutions.
- Investment Focus Areas: SaaS, AI, enterprise cloud.
- Notable Investments: Zoom, Stripe, Snowflake.
Where Is Workday Adaptive Planning’s Headquarters?
Workday Adaptive Planning is headquartered in Palo Alto, California, giving it access to top engineering talent, enterprise SaaS networks, and Silicon Valley’s strong ecosystem of cloud and analytics companies.
What’s Next for Workday Adaptive Planning?
Now operating under Workday, the platform is poised for deeper AI integration, enhanced automation, and tighter unification of financial and HR planning. The acquisition enables powerful new capabilities within the Workday ecosystem, helping organizations forecast with greater accuracy, centralize decision-making, and scale planning across all departments. Workday’s infrastructure ensures long-term innovation and enterprise-grade global delivery.
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