Workiva

Connected reporting and compliance software provider

Ames, Iowa, United States

About Workiva

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.

Ames, IowaHeadquarters
2008Year Founded
$45.6MTotal Funding
IPOCompany Stage
Enterprise Software, FintechIndustries
1,001-5,000Employees

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

Risks

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.

Differentiation

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.

Upsides

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.

Funding

Total raised$45.61 M
Latest valuation$570.00 M
StageIPO
POST IPO CONVERTIBLE
7/31/2023
$625
IPO
11/30/2014
$101
$570.00 M
EARLY VC
9/30/2014
$1
$3.45 M
SERIES C
11/30/2012
$31
$153.50 M
DEBT
10/31/2011
$6
SERIES B
9/30/2010
$12
$62.50 M