Workday announced the continued expansion of its AI initiatives through its strategic investment arm, Workday Ventures. Since early 2023, Workday Ventures has made 10 new investments in companies developing AI technologies aimed at enhancing productivity and improving decision-making processes for organizations.
According to Michael Magaro, senior vice president of corporate growth at Workday, these partnerships aim to integrate cutting-edge AI solutions into Workday’s ecosystem, benefitting its customers, partners, and employees. The investments focus on driving innovation in workforce management, helping organizations adapt to evolving needs such as talent sourcing, retention, and development.
Among the recent investments are Censia, which provides AI-powered talent insights, and Glean, a platform designed to streamline knowledge management within companies. Nayya and Sana are also included in the portfolio, offering platforms for benefits intelligence and knowledge sharing, respectively. Additionally, TechWolf, a company that focuses on AI-driven skills data, and Uplimit, an AI-powered online learning platform, have received investments.
Workday Ventures is also backing companies that aim to simplify business operations with AI. Investments in platforms like Benepass, which consolidates benefits spending, and Tesorio, a finance operations platform, highlight Workday’s focus on improving organizational efficiency. Other investments include Oro Labs, a procurement management solution, and Vanta, which automates security and compliance processes.
Several of these AI solutions are integrated into Workday’s Built on Workday program, allowing developers to create and market apps on Workday Marketplace. Workday AI Marketplace further showcases select AI solutions, ensuring compliance with Workday’s Responsible AI Governance Framework. This strategy reflects Workday’s commitment to integrating AI innovations to support business growth and workforce transformation.
