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Workday, Inc.
Workday, Inc. is a publicly traded company as of October 2012.
Below is PrivCo's archived report for Workday, Inc.
Business Summary
Workday Inc. is a privately-held, venture capital backed human resource management software company. Workday Inc. sells cloud-based software solutions for human resources, payroll, and financial management, providing companies with new levels of business agility for a fraction of the cost of buying, deploying, and maintaining legacy on-premise systems. Workday Inc. was founded in 2005 by David Duffied and Aneel Bhusri, and Workday Inc. has headquarter locations in Pleasanton, California.
Recent News, Updates, and Analysis
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THE 2 HOTTEST IPOS OF THE BUSIEST IPO WEEK OF THE YEAR: A Record EIGHT IPOs On Deck, PrivCo Names Its Top 2 IPO Winners: (#1) MARIN SOFTWARE, and (#2) MODEL N (Both Cloud Enterprise Software Co.'s), As PrivCo Reaffirms Its Enterprise Software Thesis Announced In Dec. 2011; PrivCo CEO Revealed Our Top 2 IPOs Tues. Night Live On CNBC FAST MONEY (TV Clip...)
Mar. 2013 Marin Software, a digital ad management software platform, is slated to go public on Friday, and is PrivCo's Hot IPO Pick Of The Week. … Read More » -
PrivCo's Top 10 2013 PREDICTIONS (Part 2): (6) FOURSQUARE Will Fail, (7) TABLEAU Will Be Year's Top IPO, (8) MGM Will Abandon IPO Filing, Be Acquired By TIME WARNER, (9) SQUARE Will Be Acquired By VISA, AMEX Or PAYPAL for $5 Billion+, (10) NYSE Will Beat NASDAQ For Most Tech IPOs
Jan. 2013 January 9, 2013 2:00 am EST - PrivCo provides the rest of our Top 10 Predictions for 2013 (#6-10) … Read More » -
Breaking News: WORKDAY Opens Trading At $48.05, 72% Above IPO Price Of $28 / Share; Biggest US Tech IPO Since Facebook In May 2012; Big Win For Founder Duffield and Venture Backers Greylock Partners And New Enterprise Associates
Oct. 2012 Workday (PrivCo Private Company Ticker: WORKP) began trading today on the NYSE, opening at $48.05, a huge 72% pop over its IPO price of $28 per share. Workday's opening trades are double its initially filing range of $21-$24, adding to the list of well received previous enterprise IPOs, such as Palo Alto Networks (PANW) and ServiceNow (NOW). … Read More » -
Breaking News: WORKDAY Prices IPO at $28, Above Range of $24-$26 (Itself Already Upsized From $21-$24), Amidst Very Strong Demand For B2B Enterprise Software IPOs, Opens Friday Morning; PrivCo: "A Pop Before The Pop"
Oct. 2012 Workday has priced its shares at $28/share, above its previously upsized range of $24 - $26. … Read More » -
WORKDAY Sets IPO Price At $21-$24, Rich $3.6B Valuation (18.1x TTM Revenue), Yet Will Be Well Received As Hot B2B Cloud-Software IPO Market Sizzles, And Workday's Sterling Mgmt Team Led By PeopleSoft Founder Duffield (Who Sold PeopleSoft To Oracle For Over $10B) And Recurring Revenue Model Create Recipe For Winning IPO
Oct. 2012 Workday (PrivCo Private Company Ticker: WORKP), the maker of cloud-based enterprise software for human resources and finance, has set its IPO range at $21-24 per share, looking to raise $512 million at the midpoint of the range. Workday is the second company this year to set its IPO price range after initially filing confidentially, a new provision allowed for under the JOBS Act of April 2012. … Read More »
Overview & Corporate Organization
Basic Information
| Company Tags: | VC Backed |
| Year Founded: | 2005 |
| Fiscal Year End: | 01/31 |
| 1YR Revenue Growth Rate: | View % |
| 3YR Revenue Growth Rate (CAGR): | View % |
| 1YR Employee Growth Rate: | View % |
| 3YR Employee Growth Rate (CAGR): | View % |
| City: | Pleasanton |
| State/Province: | California |
| Country: | United States |
| Phone: | View |
| Website: | www.workday.com |
Corporate Organization
| Founders: | Aneel Bhusri David Duffield |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
| Technology > Software > Human Resources Management Software |
| Technology > Software > Software-As-A-Service (Saas) |
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Competitors & Comparables
Ownership
Charts, Financials, and Statistics (Table Format)
Copy & Paste Financials Into Spreadsheet or
| Income Statement | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
| Revenues | View1 | View2 | View | View3 | View | View |
| Total Operating Expenses | View | View | View | |||
| Operating Income (Loss) | View | View | View | |||
| Net Income (Loss) | View | View | View | |||
| Balance Sheet | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
| Current Assets | View | View2 | ||||
| Cash and Cash Equivalents | View | View | ||||
| Property, Plant and Equipment | View | View | ||||
| Total Assets | View | View | ||||
| Current Liabilities | View | View | ||||
| Total Liabilities | View | View | ||||
| Stockholders Equity | View | View | ||||
| Cash Flow Statement | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
| Cash Flow From Operating Activities | View | View2 | View | |||
| Cash Flow From Investing Activities | View | View | View | |||
| Cash Flow From Financing Activities | View | View | View | |||
| Total Cash Flow (Net Change in Cash) | View | View | View | |||
| Employee Figures | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
| Total Employees | View | View2 | View | View | ||
| Productivity (Revenue/Employee) | View | View | View | View |
| Financial Notes: | |
| * | Workday, Inc. fiscal year end: 01/31 |
| 1 | For 2011, to account for... read more. |
| 2 | Fiscal... read more. |
| 3 | In 2010, Workday changed its... read more. |
Charts, Financials, and Statistics (Graphs)
(Copy and paste into spreadsheet or export all Workday, Inc. financials to Excel and create your own graphs.)
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Workday, Inc. Revenues ($ MM): |
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Workday, Inc. Total Assets ($ MM): |
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Workday, Inc. Total Cash Flow (Net Change in Cash) ($ MM): |
Workday, Inc. Total Employees: |
Workday, Inc. Productivity (Revenue/Employee) ($): |
Mergers & Acquisitions
| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | Feb. 2008 | Completed | View | View | Acquisition | View |
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VC/Funding Activity
| Date | Investor | Round | Investor Type | |
| May. 2005 | David Duffield | A | Angel / Individual | |
| May. 2005 | Greylock Partners | A | Venture Capital | |
| Details | Total Round A1 $15,300,000 | |||
| Jan. 2007 | View | B | Venture Capital | |
| Jan. 2007 | View | B | Angel / Individual | |
| Details | Total Round B2 View | |||
| Jan. 2008 | View | C | Venture Capital | |
| Jan. 2008 | View | C | Angel / Individual | |
| Details | Total Round C View | |||
| Nov. 2008 | View | D | Venture Capital | |
| Nov. 2008 | View | D | Angel / Individual | |
| Details | Total Round D View | |||
| Apr. 2009 | View | E | Venture Capital | |
| Apr. 2009 | View | E | Venture Capital | |
| Apr. 2009 | View | E | Angel / Individual | |
| Details | Total Round E View | |||
| Oct. 2011 | View | F | Corporate | |
| Oct. 2011 | View | F | Corporate | |
| Oct. 2011 | View | F | Corporate | |
| Oct. 2011 | View | F | Venture Capital | |
| Details | Total Round F3 View | |||
| Total of Funding Shown Above View | ||||
| 1 | The total amount offered was $15,500,000. Total number of investors was 5. - Details → |
| 2 | Total amount offered...Read More → |
| 3 | Total number...Read More → |
Full-length notes are available with Single Report Access or PrivCo Premium Subscription. |
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Public / Private History (PPH™)
| Date | Deal Type | Action | Resulting Status | Valuation | Amount Raised | Public Ticker | |
| Details | Oct. 2012 | View | View | View1 | View | View | View |
| 1 | Increased its proposed IPO range...Read More → |
Full-length notes are available with Single Report Access or PrivCo Premium Subscription. |
Detailed Business Description: Workday, Inc.
Business Overview
Workday Inc. offers Software-as-a-Service (SaaS) solutions for managing global businesses, combining a lower cost of ownership with an innovative approach to business applications. Starting out as a HCM solutions provider, Workday Inc. has expanded its solution offerings to cover more area, such as finance, payroll, and spend management. This higher level of integration enables enterprises to include more relevant data when making cross functional decisions. Workday Inc. now provides unified Human Capital Management, Payroll, and Financial Management solutions.
Delivered in the cloud and leveraging a modern technology platform, Workday Inc. offers a fresh alternative to legacy ERP. Workday Inc. sells its human-resources software on a subscription basis and delivers it via the Internet. This is in contrast to the traditional sales model championed by competitors, such as Oracle and SAP, which sell their software licenses and charge ongoing maintenance fees. Workday… Continue Reading →
Exhibits
Supplemental Resources
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