Workday

Workday is a software company that provides cloud-based enterprise applications for human capital management, financial management, planning, and analytics. Its offerings include Workday Financial Management with general ledger, accounts payable and receivable, cash and asset management, revenue recognition, and analytics; Workday Human Capital Management covering HR, compensation, benefits, and workforce lifecycle; and planning solutions such as Insights Business Planning Cloud and Prism Analytics that integrate finance and people data for decision making. The company also offers Workday Student for higher education and Workday Data-as-a-Service to supply data for decision support. Serving industries including technology, financial services, healthcare and life sciences, manufacturing, retail and hospitality, education, and government, Workday operates as a cloud-only SaaS provider. Founded in 2005 and based in Pleasanton, California, Workday focuses on unifying financial, HR, and planning processes for enterprises.

Thomas Bogan

Board Member and Member of Investment Committee

Leighanne Levensaler

Executive Vice President and Managing Director

Michael Magaro

Senior Vice President of Corporate Growth

Barbry McGann

Managing Director

Mark Peek

Managing Director

Zane Rowe

CFO

Past deals in Procurement

Oro Labs

Venture Round in 2024
Oro Labs streamlines traditional procurement operations via its automation platform. It harmonizes chaotic enterprise spending on critical purchases and supplier engagements.

Tealbook

Series B in 2021
Tealbook develops a cloud-based platform that connects buyers and suppliers in procurement. Founded in 2014, it centralizes supplier information, facilitates collaboration, and integrates with various ERP systems. Recognized as a Gartner Cool Vendor.

Tealbook

Series A in 2021
Tealbook develops a cloud-based platform that connects buyers and suppliers in procurement. Founded in 2014, it centralizes supplier information, facilitates collaboration, and integrates with various ERP systems. Recognized as a Gartner Cool Vendor.

Tealbook

Seed Round in 2020
Tealbook develops a cloud-based platform that connects buyers and suppliers in procurement. Founded in 2014, it centralizes supplier information, facilitates collaboration, and integrates with various ERP systems. Recognized as a Gartner Cool Vendor.

Scout RFP

Acquisition in 2019
Scout RFP Inc. is a cloud-based sourcing platform that specializes in automating the enterprise buying process for both buyers and suppliers. Founded in 2013 and headquartered in San Francisco, California, the platform facilitates the management of requests for proposals and buying events across various sectors, including engineering, finance, and software development. By streamlining procurement processes, Scout RFP enhances collaboration among stakeholders and suppliers, providing improved visibility and centralized management of projects. The platform equips Chief Procurement Officers with the necessary tools to drive profitability and transform their organizations, ultimately leading to better business outcomes. In December 2019, Scout RFP became a subsidiary of Workday, Inc.

Suplari

Series A in 2019
Suplari, Inc. is a Seattle-based company founded in 2016 that specializes in developing systems for spend accountability and financial performance in enterprise procurement and finance. By leveraging machine learning, Suplari transforms the management of suppliers and costs for businesses. The company aggregates data from various internal sources, such as contracts, invoices, and usage records, into a unified datastore. This integration allows Suplari to provide applications that offer customers a comprehensive view of their supplier relationships. Their cloud-based system is designed to enhance operational intelligence and effectiveness, helping organizations manage spending, mitigate supplier risk, and streamline procurement processes. Ultimately, Suplari aims to empower companies to invest more effectively in growth and innovation.

Scout RFP

Series C in 2019
Scout RFP Inc. is a cloud-based sourcing platform that specializes in automating the enterprise buying process for both buyers and suppliers. Founded in 2013 and headquartered in San Francisco, California, the platform facilitates the management of requests for proposals and buying events across various sectors, including engineering, finance, and software development. By streamlining procurement processes, Scout RFP enhances collaboration among stakeholders and suppliers, providing improved visibility and centralized management of projects. The platform equips Chief Procurement Officers with the necessary tools to drive profitability and transform their organizations, ultimately leading to better business outcomes. In December 2019, Scout RFP became a subsidiary of Workday, Inc.

Suplari

Series A in 2018
Suplari, Inc. is a Seattle-based company founded in 2016 that specializes in developing systems for spend accountability and financial performance in enterprise procurement and finance. By leveraging machine learning, Suplari transforms the management of suppliers and costs for businesses. The company aggregates data from various internal sources, such as contracts, invoices, and usage records, into a unified datastore. This integration allows Suplari to provide applications that offer customers a comprehensive view of their supplier relationships. Their cloud-based system is designed to enhance operational intelligence and effectiveness, helping organizations manage spending, mitigate supplier risk, and streamline procurement processes. Ultimately, Suplari aims to empower companies to invest more effectively in growth and innovation.
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