How Much Did workday Raise? Funding & Key Investors

Date August 23, 2025
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workday

COMPANY INFO

Workday, Inc. is an American public company founded in 2005 by Dave Duffield and Aneel Bhusri, with Kasper Hulthin also recognized as a founder. It operates in the cloud computing and enterprise software industry, employing approximately 23,800 people as of 2025, and its website is workday.com. Workday provides enterprise cloud applications for financial management, human capital management, and student information systems, helping organizations manage their workforce and financial operations efficiently worldwide. The company is headquartered in Pleasanton, California.

How Much Did Workday, Inc. Raise? Funding & Rounds and Investors

Workday, Inc. is a leading American public company in the cloud computing and enterprise software industry, founded in 2005 by Dave Duffield and Aneel Bhusri. Headquartered in Pleasanton, California, with over 23,800 employees as of 2025, Workday provides enterprise cloud applications for financial management, human capital management, and student information systems. The company's innovative SaaS solutions enable organizations worldwide to efficiently manage their workforce and financial operations.

Workday, Inc. funding history showcases a robust growth trajectory in the enterprise cloud sector. The company has raised a total of $352 million across 8 funding rounds, including early and late-stage investments as well as a significant post-IPO funding event. Workday’s funding strategy emphasized sustained product innovation, aggressive market expansion, and securing leading institutional backers to support its enterprise SaaS vision. Key milestones include strategic raises from high-profile investors leading up to its IPO, followed by a post-IPO round to further accelerate business growth.

Funding Rounds

Post IPO - $45.7M - May 15, 2013

Post IPO funding was aimed at business expansion and operational scaling, supporting Workday's global growth following its public offering.

Series F - $98.6M - March 15, 2012

This Series F round prepared Workday for IPO readiness and ongoing growth, with participation from major institutional and venture capital investors.

Series F - $85M - October 24, 2011

Funds from this round enabled aggressive market expansion and operational scaling in preparation for an IPO.

Series E - $75M - April 29, 2009

Series E funding focused on scaling Workday's operations and enhancing its product suite to meet increasing market demand.

Series D - $30M - 2008

Workday used Series D capital to accelerate its growth and broaden its market reach in the enterprise software landscape.

Series C - $28.5M - September 2007

Series C investments were directed towards expanding market presence and enhancing customer acquisition programs.

Series B - $20.2M - December 2006

This round supported ongoing product development and scaling Workday’s operations as customer traction grew.

Series A - $15M - 2005

Workday’s initial Series A funding supported early product development and established its go-to-market strategy.

Key Investors

T. Rowe Price

T. Rowe Price is a leading global investment management firm. As a key Workday, Inc. investor in the Series F round, T. Rowe Price provided critical pre-IPO growth capital and institutional credibility.

Morgan Stanley

Morgan Stanley, a world-renowned financial services firm, invested in Workday’s later rounds (Series F) and played an instrumental role in pre-IPO funding and the company’s financial strategy.

Bezos Expeditions

Bezos Expeditions, the venture capital arm of Jeff Bezos, participated in Workday’s Series F funding round, supporting rapid market expansion and adding visionary leadership to the cap table.

Janus Henderson Investors

Janus Henderson Investors, a global asset manager, participated in the Series F round, reinforcing institutional confidence in Workday's business model and growth prospects.

New Enterprise Associates

New Enterprise Associates (NEA), one of the largest venture capital firms, led Workday’s pivotal Series E round, guiding the company’s operational scaling and product innovation.

Greylock

Greylock, a premier venture capital firm, was the lead investor from Series A through Series D, helping launch Workday and supporting it in early product development, market entry, and scaling activities.

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