Workday Ventures

On February 7, 2018, Workday announced a $250 million Workday Ventures fund as the company’s strategic investment arm, investing in early- to growth-stage companies applying emerging technologies such as artificial intelligence and machine learning, blockchain, and augmented and virtual reality to the enterprise. The fund was run by Workday executive Leighanne Levensaler and former co-president and chief financial officer Mark Peek as managing directors and co-heads; portfolio companies gained access to Workday’s product executives, customers, and data scientists and engineers.⁠[1][1][1][1][1][1][1]

On February 7, 2023, Workday announced an additional $250 million for Workday Ventures, bringing the fund to $500 million and extending its focus to larger growth areas including generative AI. Investments cited in the release included the conversational recruiting platform Paradox, the accounts payable and receivable automation platform Auditoria and the retail demand forecasting company Prevedere; since 2018 its portfolio had grown to 43 technology companies, with more than a dozen exits, including the electronic sourcing platform Scout RFP, acquired by Workday for $540 million.⁠[2][3][2][2][2][2][2][3]

On September 18, 2024, Workday said Workday Ventures had made 10 new AI investments since the beginning of 2023, including the talent intelligence platform Censia, the enterprise AI platform Glean, the benefits intelligence platform Nayya, Sana, the skills infrastructure company TechWolf, the online learning platform Uplimit, the flexible benefits platform Benepass, the procurement orchestration platform Oro Labs, the finance operations platform Tesorio and the trust management platform Vanta.⁠[4][4][4][4][4][4][4][4][4][4]

On September 16, 2025, Workday announced that more than 15 Workday Ventures portfolio companies had joined the Workday Agent Partner Network, launching AI agents in Workday Marketplace that connect to Workday’s Agent System of Record, including Aisera, Auditoria.AI, Censia, Glean, Laurel, TechWolf, Uplimit and WorkBoard; the network had grown more than fourfold to over 50 partners within three months of launch. Michael Magaro, senior vice president of corporate growth, said Workday Ventures was about more than investment, helping scale the innovative companies shaping the future of work.⁠[5][5][5][5][5]

On February 10, 2026, the cybersecurity company RecoRecoReco is an enterprise cybersecurity company founded in 2020 by Ofer Klein, Gal Nakash and Tal Shapira. Its products have expanded from securing collaboration tools and SaaS applications to securing AI agents, discovering the connections among an enterprise’s applications, identities, permissions and agents and revoking risky access; as of September 2026, the company had raised $140 million in total.Open the full entry announced a $30 million Series B round led by Zeev VenturesZeev VenturesZeev Ventures is a venture capital firm founded and managed single-handedly by Israeli-born investor Oren Zeev, headquartered in Palo Alto, California, with no partners or employees; it invests mainly in software companies with Israeli connections, and its early investments include Navan, Houzz, Tipalti and Next Insurance.Open the full entry, with Workday Ventures joining as a new corporate investor. Jeff Wantman, vice president at Workday Ventures, said Reco was establishing itself as a security leader for the AI SaaS environment. When Reco announced $55 million in additional funding in September 2026, Workday Ventures was listed as an existing investor; its individual contribution was not disclosed.⁠[6][6][6][7]

As of October 2026, Workday Ventures’ $500 million fund invests in early- to growth-stage enterprise software companies in AI agents, automation, orchestration, security and industry vertical technology, with more than 50 partner companies, featuring Guild, League and data.world. Portfolio companies receive a Workday software partnership with product integration, connections to Workday customers and experts, and programming at Workday Rising, the annual customer conference. The team is led by Michael Magaro, senior vice president of corporate growth, and Barbry McGann, senior vice president and managing director.⁠[8][8][9][10][10][10][8][9]

Workday Ventures: Official website: https://ventures.workday.com/ (opens in a new window).⁠[11]

X: Public account: https://x.com/workdayventures (opens in a new window)⁠[11]