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WorkOS raises $100M Series C, hits $2B valuation

Blog post from WorkOS

Post Details
Company
Date Published
Author
Michael Grinich
Word Count
350
Language
English
Hacker News Points
-
Summary

WorkOS has secured $100 million in Series C financing, elevating its valuation to $2 billion, with Meritech and Sapphire leading the round and participation from various other investors. The platform is widely used by leading AI companies such as OpenAI and Anthropic, enabling them to meet enterprise requirements like SSO, SCIM, and auditability from the onset. As the cost of writing code decreases and demand for AI surges, the software lifecycle is rapidly compressing, with WorkOS positioned to support this shift through its expanded platform offering features like granular permissions, integrations, and abuse detection. The company's focus on reliability and scale, demonstrated by five nines uptime and billions of API requests monthly, underscores its commitment to making agentic software secure and reliable by default. With the new funding, WorkOS aims to further enhance its platform, catering to both small-scale projects and large enterprises, while continuing to hire across San Francisco, New York, and remote locations.