Workato

12 statements across 2 episodes · 9 bullish · 0 bearish · 2 people on the record · first statement Jul 18, 2018 by Vijay Tella · said 35 times in 4 episodes since 2018 · across every show →

Mentions by year

brought up most by Vijay Tella (18), Nathan Latka (15), Gil Feig (2)

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Everything said about Workato, oldest first

Jul 18, 2018 positive
Assertion Not checkable as stated
Workato sees almost zero churn among its enterprise customers
“Our churn and enterprise customers is basically almost nothing, you know, in smaller businesses. We do see churn, especially when people do integrations, like to kind of do a campaign.”
Vijay Tella Jul 18, 2018 ▶ 13:33 1089 Workato CEO: "We're Enterprise Version" of Zapier, Segment, Elastoic
Jul 18, 2018 bullish
Assertion Not checkable as stated
Tella: Workato offers 225,000 public integration recipes
“So we have, what, 225,000 public recipes on Workado or public integrations that anybody can pick up as a starting point to connect their apps, right?”
Vijay Tella Jul 18, 2018 ▶ 13:01 1089 Workato CEO: "We're Enterprise Version" of Zapier, Segment, Elastoic
Jul 18, 2018 bullish
Assertion Not checkable as stated
Workato grew its revenue by 300% in 2017
“No, we grew 300% last year in 2017.”
Vijay Tella Jul 18, 2018 ▶ 17:15 1089 Workato CEO: "We're Enterprise Version" of Zapier, Segment, Elastoic
Jul 18, 2018 bullish
Prediction Didn’t hold up
Tella projected Workato would cross $50M ARR by 2020
“You know, I think, you know, we're looking to do that, do it you know, within the next one to two years.”
Vijay Tella Jul 18, 2018 ▶ 23:48 1089 Workato CEO: "We're Enterprise Version" of Zapier, Segment, Elastoic
Jul 18, 2018
Assertion Not checkable as stated
Workato had 80 employees in 2018 with two-thirds working remotely
“We are around 80 people. Most of us in I mean, not, I mean, the headquarters is in Palo Alto, but about two thirds of the team is remote.”
Vijay Tella Jul 18, 2018 ▶ 21:35 1089 Workato CEO: "We're Enterprise Version" of Zapier, Segment, Elastoic
Jul 18, 2018 positive
Disclosure
Workato raised $17M backed by Salesforce, Workday, and Storm Ventures
“We've raised about seventeen million total, about ten million from ourselves, and about you know, the, you know, the number one and two SaaS companies, Salesforce, and Workday are investors, and so is a longtime Silicon Valley we see, called Storm Ventures.”
Vijay Tella Jul 18, 2018 ▶ 19:01 1089 Workato CEO: "We're Enterprise Version" of Zapier, Segment, Elastoic
Jul 18, 2018 positive
Assertion Not checkable as stated
75% of Workato users start building integrations with community recipes
“About 75% of people that are creating integrations on Workado start with one of these community recipes, so that this community-based approach to solving an enterprise problem, you know, directly came out of our experience in the consumer space.”
Vijay Tella Jul 18, 2018 ▶ 13:12 1089 Workato CEO: "We're Enterprise Version" of Zapier, Segment, Elastoic
Jul 18, 2018 bullish
Assertion Not checkable as stated
Workato had 21,000 signed-up organizations adding up to 900 per month
“We have, what, 21,000 organizations that are that have signed up on Workout. About 808 to 900 a month are signing up each month.”
Vijay Tella Jul 18, 2018 ▶ 10:49 1089 Workato CEO: "We're Enterprise Version" of Zapier, Segment, Elastoic
Jul 18, 2018 bullish
Assertion Not checkable as stated
Workato achieves at least 50% net revenue expansion from enterprise customers
“It's, you know, it's at least 50%, and it's higher when it goes to larger companies.”
Vijay Tella Jul 18, 2018 ▶ 15:34 1089 Workato CEO: "We're Enterprise Version" of Zapier, Segment, Elastoic
Jul 18, 2018 positive
Assertion Not checkable as stated
Workato recovers its customer acquisition costs within one year
“Yeah, no, that's, you know, within a year.”
Vijay Tella Jul 18, 2018 ▶ 18:54 1089 Workato CEO: "We're Enterprise Version" of Zapier, Segment, Elastoic
Jul 18, 2018
Disclosure
Workato's enterprise plans start at $60,000 and scale to seven figures
“That's the starting, the enterprise plans start at 60 K per year. And then, like I said, we have, you know, we have companies that pay us six and seven figures per year. And then we have line of business, which are more departmental purchases that, you know, g…”
Vijay Tella Jul 18, 2018 ▶ 4:47 1089 Workato CEO: "We're Enterprise Version" of Zapier, Segment, Elastoic
Jul 19, 2021 neutral
Opinion
Feig says Merge targets a different market than Tray and Workato
“I think that that's like, I think that, you know, it might be a little bit of overlap, but overall it's just a different market and I don't think we're making them irrelevant.”
Gil Feig Jul 19, 2021 ▶ 16:53 How this DevOps Tool Plans to Break $1m in First 9 months
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