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- WorkOS
WorkOS Funding, Investors & Competitors
WorkOS has raised $195M across 3 funding rounds, most recently a $100M Series C in March 2026.
Last WorkOS funding round
$100M
Series C · Mar 2026
Cumulative funding WorkOS raised
$195M
across 3 funding rounds
Key investors in WorkOS
Abstract
Lightspeed Venture Partners
Greenoaks
Lachy Groom
Audacious Ventures
Craft Ventures
Sapphire Ventures
Gokul Rajaram
About WorkOS
WorkOS is a San Francisco-headquartered provider of developer APIs that add enterprise features like SSO, directory sync, and user management to applications. Founded in 2019, it powers integrations for companies such as Auth0 and enables sales to Fortune 500 clients with minimal code. The platform supports SAML, SCIM, and Magic Link authentication across cloud services.
Founded
2019
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Usage-based, Subscription
WorkOS Funding History
WorkOS has raised a total of $195M across 3 funding rounds.
WorkOS's first fundraising round was a $15M Series A in May 2020. The most recent completed round was a $100M Series C in March 2026.
WorkOS funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Mar 2026 | Series C | Meritech Capital Partners (lead); Sapphire Ventures (lead); Greenoaks; Audacious Ventures; Abstract; Craft Ventures | $100M | - |
| Jun 2022 | Series B | Greenoaks (lead); Gokul Rajaram; Jack Altman; Michael Ovitz; Mathilde Collin; Guillermo Rauch; Lightspeed Venture Partners; Ballistic Ventures; Abstract; Lachy Groom; Shreyas Doshi; Christian Reber | $80M | WorkOS, founded in 2019 by Michael Grinich, provides APIs enabling developers to integrate enterprise features like Single Sign-On (SAML) and Directory Sync (SCIM) into applications, accelerating SaaS companies' path to enterprise readiness. The platform serves over 200 paying customers worldwide, including Loom, Webflow, Vercel, Drata, Hopin, Pitch, Stripe, Scale, and Airtable, helping them expand sales to enterprise markets and achieve rapid growth, with some reaching unicorn status post-integration. WorkOS launched in March 2020 amid the pandemic, quickly gaining traction with recognitions like Enterprise Tech 30 and SMBTech 50, and achieving carbon neutrality. In June 2022, WorkOS raised $80 million in a Series B round led by Greenoaks, with participation from Lightspeed Venture Partners, Lachy Groom, Abstract Ventures, and angels including Guillermo Rauch, Michael Ovitz, Mathilde Collin, Jack Altman, Christian Reber, Gokul Rajaram, Shreyas Doshi, and others, bringing total funding to about $100 million. The round coincided with the acquisition of Modulz, creators of the Radix UI framework, to enhance developer tools and UI components. Funds support hiring, product development, and global expansion for the 40+ employee team across five continents. The company maintains a lean fundraising approach relative to developer infrastructure peers. |
| May 2020 | Series A | Lachy Groom (lead); Worklife Ventures; Audacious Ventures; Lightspeed Venture Partners; Abstract; Scott Belsky; Joe Morrissey | $15M | - |
Who has invested in WorkOS?
19 investors have backed WorkOS across its funding rounds, including Abstract, Lightspeed Venture Partners, Greenoaks, Lachy Groom, Audacious Ventures and Craft Ventures.
Lead investors include Meritech Capital Partners, Sapphire Ventures, Greenoaks and Lachy Groom.
WorkOS Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Participant | May 2020 | ||
| 2 | Lead | Jun 2022 | ||
| 2 | Participant | May 2020 | ||
| 2 | Participant | May 2020 | ||
| 2 | Lead | May 2020 | ||
| 1 | Participant | Jun 2022 | ||
| 1 | Participant | May 2020 | ||
| 1 | Participant | Jun 2022 | ||
| 1 | Participant | Jun 2022 | ||
| 1 | Participant | Jun 2022 | ||
| 1 | Participant | Jun 2022 | ||
| 1 | Participant | Jun 2022 | ||
| 1 | Lead | Mar 2026 | ||
This data is available for Pro users. Sign up to see all 19 WorkOS investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by WorkOS
WorkOS has acquired 1 company to date.
Last acquisition by WorkOS was on June 1st 2022. WorkOS acquired Modulz for undisclosed valuation.
Latest Acquisitions by WorkOS
| Description | Modulz is a Dublin-based visual development platform founded in 2018. Designers build React components and design systems using a no-code editor that generates production-ready code. The tool supports Figma imports and Storybook exports, enabling teams to collaborate on UI libraries for web apps. Modulz raised Series A funding before acquisition talks, serving clients in e-commerce and SaaS industries across Europe. |
| HQ Country | |
| HQ City | Dublin |
| Deal Date | 1 Jun 2022 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all WorkOS acquisitions and their M&A valuation multiples. Start Free Trial | |
WorkOS Competitors
WorkOS competitors include listed companies like Constellation Software, SS&C Technologies and Topicus, and private ones like Rippling, The Deployment Company and Clio.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $12B | $2.5B | $43B | 3.5x | ||
| Publicly listed | $6.3B | $2.1B | $19B | 3.9x | ||
| Private | $570M | - | $17B | 29.5x | ||
| Private | - | - | $14B | - | ||
| Publicly listed | $1.8B | $393M | $5.4B | 3.0x | ||
| Private | $400M | - | $5B | 12.5x |
WorkOS Public Comps
WorkOS is still privately-owned, but its public comps include Constellation Software, SS&C Technologies, Topicus, Intapp, RWS Holdings, CS Disco, Hibino, Xp Industrial FII, GetBusy and Valtes Holdings.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $12B | $2.5B | 4.0x | 3.5x | 18.5x | 12.9x | |||
| $6.3B | $2.1B | 4.2x | 3.9x | 12.4x | 10.0x | |||
| $1.8B | $393M | 3.4x | 3.0x | 15.3x | 10.6x | |||
| $578M | ($16M) | 4.6x | 4.5x | (164.3x) | 20.9x | |||
| $927M | ($26M) | 0.7x | 0.7x | (27.2x) | 4.8x | |||
| $157M | ($44M) | 1.1x | 1.0x | (4.0x) | (22.1x) | |||
| $435M | $60M | 0.6x | 0.6x | 4.3x | - | |||
| $9M | - | 10.0x | - | - | - | |||
This data is available for Pro users. Sign up to see all WorkOS competitors and their valuation data. Start Free Trial | ||||||||
Common questions about WorkOS
| When was WorkOS founded? | WorkOS was founded in 2019. |
| Where is WorkOS headquartered? | WorkOS is headquartered in San Francisco, CA, United States. |
| Is WorkOS publicly listed? | No, WorkOS is a private, VC-backed company. |
| How much funding has WorkOS raised? | WorkOS has raised $195M across 3 funding rounds. |
| What was WorkOS's last funding round? | WorkOS's last funding round was a $100M Series C in March 2026, led by Meritech Capital Partners and Sapphire Ventures. |
| Who are WorkOS's investors? | WorkOS's investors include Abstract, Greenoaks, Audacious Ventures, Lightspeed Venture Partners, Lachy Groom, Gokul Rajaram, Worklife Ventures, Jack Altman, Michael Ovitz, Mathilde Collin and 9 others. |
| Which companies are comparable to WorkOS? | Companies comparable to WorkOS include Constellation Software, SS&C Technologies, Rippling, The Deployment Company, Topicus and Clio. |
| How many companies has WorkOS acquired? | WorkOS has acquired 1 company, including Modulz. |
See companies similar to WorkOS
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