Looking to sell Workato stock or options?
Workato, a creator of an enterprise automation platform, specializes in integrations and operationalization of artificial intelligence for user convenience. The platform employs machine learning and patented technology to generate and employ automation quicker than conventional platforms. It allows both business and IT teams to combine their applications and business workflows without giving up security and governance, thereby facilitating real-time results from business events.
Tiger Global Management, Anshu Sharma, Geodesic Capital, Insight Partners, Plug and Play Tech Center, Bhaskar Roy, Rishi Mallik, Salesforce Ventures, NewView Capital, Fabrica Ventures, Altimeter Capital Management, Norwest Venture Partners, Industry Ventures, Redpoint Ventures, Storm Ventures, ServiceNow Ventures, Battery Ventures, Workday Ventures.
Workato is currently a private company. This means that the company is not listed on any public exchange and so there is no public market for its stock. However, there may still be ways to monetize Workato stock. Depending on Workato’s policies, you may be able to: (1) find a private buyer in the secondary market to purchase your stock, (2) borrow against your stock, or (3) exchange Workato stock into the Collective Exchange Fund for a limited partnership interest and then borrow non-recourse against your interest to generate immediate cash. This last alternative can be much quicker and net you more after-tax cash than your other options. An exchange into our fund also reduces your risk by diversifying your holdings out of an over-concentrated position.
Collective Liquidity can provide liquidity to shareholders of Workato stock in two ways. First, Workato employees can exchange shares into the Collective Exchange Fund and then borrow non-recourse to generate immediate cash. This can net you more after-tax cash than a stock sale. It also reduces your risk by diversifying your holdings out of an over-concentrated position. In some cases, Collective may also be able to purchase your Workato stock. Note that all transactions in Workato shares are subject to the company’s policies regarding secondary transactions. Schedule a call with a Collective Liquidity representative to learn more about your private market liquidity alternatives.
Workato stock is not listed on any public exchange and so there is no public market for its shares. Therefore, there is no single, centralized price for Workato stock. Typically, shares of private companies like Workato are set with buyers in one off negotiations. Collective Liquidity, however, uses a proprietary algorithm to determine its bids so we almost always have an immediately actionable price for you.
On Nov 2021, Workato is reported to have closed an equity financing in which the investors valued the company at $5.73B. This valuation is typically calculated by multiplying the per share price of the preferred stock sold in the financing by the number of Workato shares outstanding assuming the conversion of all stock options, warrants, etc.
Tickers are used to identify company’s shares on public markets like the NYSE or Nasdaq. Because Workato is not currently publicly traded, it does not have a ticker symbol.
Workato has not yet conducted an initial public offering (“IPO”) and so remains a private company. Though Workato is a well-known, successful company, there can be no assurance that it will ever go public or be sold. Because of the risk this imposes on Workato shareholders, many investors elect to gain liquidity for at least some of their shares before the IPO. Schedule a call with a Collective Liquidity representative to discuss your private market liquidity alternatives.