{
  "title": "Workday to Acquire C1.ai: One Identity Layer for Every Person and AI Agent",
  "publisher": "Acquiry Deal Intelligence",
  "author": "Joash Boyton",
  "url": "https://www.acquiry.com/deal-intelligence/workday-to-acquire-c1-ai/",
  "published": "2026-10-15T06:00:00Z",
  "updated": "2026-10-15T06:00:00Z",
  "licence": "Free to reference with attribution to Acquiry Deal Intelligence and a link to the source URL.",
  "rows": [
    {
      "dataset": "key-figures",
      "id": "stat-agents",
      "label": "Large U.S. companies already running autonomous agents",
      "value": "95%",
      "provenance": "disclosed",
      "note": "C1.ai research, cited in Workday’s release of 13 October 2026.",
      "sources": "https://newsroom.workday.com/2026-10-13-Workday-to-Acquire-C1-ai,-a-Leading-Agentic-Identity-Platform-for-People-and-Agents | https://www.c1.ai/blog/c1-ai-to-join-workday | https://www.c1.ai/blog/series-b",
      "permalink": "https://www.acquiry.com/deal-intelligence/workday-to-acquire-c1-ai/#stat-agents"
    },
    {
      "dataset": "key-figures",
      "id": "stat-governed",
      "label": "Companies reporting a mature way to govern agents",
      "value": "21%",
      "provenance": "disclosed",
      "note": "Deloitte’s State of AI research, cited in Workday’s release.",
      "sources": "https://newsroom.workday.com/2026-10-13-Workday-to-Acquire-C1-ai,-a-Leading-Agentic-Identity-Platform-for-People-and-Agents | https://www.c1.ai/blog/c1-ai-to-join-workday | https://www.c1.ai/blog/series-b",
      "permalink": "https://www.acquiry.com/deal-intelligence/workday-to-acquire-c1-ai/#stat-governed"
    },
    {
      "dataset": "key-figures",
      "id": "stat-customers",
      "label": "Organizations that run on Workday",
      "value": "11,500+",
      "provenance": "disclosed",
      "note": "Including more than 65% of the Fortune 500.",
      "sources": "https://newsroom.workday.com/2026-10-13-Workday-to-Acquire-C1-ai,-a-Leading-Agentic-Identity-Platform-for-People-and-Agents | https://www.c1.ai/blog/c1-ai-to-join-workday | https://www.c1.ai/blog/series-b",
      "permalink": "https://www.acquiry.com/deal-intelligence/workday-to-acquire-c1-ai/#stat-customers"
    },
    {
      "dataset": "key-figures",
      "id": "stat-subs",
      "label": "Workday subscription revenue, Q2 fiscal 2027",
      "value": "$2.471bn",
      "provenance": "disclosed",
      "note": "Up 13.9% year on year, in the quarter ended July 31, 2026.",
      "sources": "https://newsroom.workday.com/2026-10-13-Workday-to-Acquire-C1-ai,-a-Leading-Agentic-Identity-Platform-for-People-and-Agents | https://www.c1.ai/blog/c1-ai-to-join-workday | https://www.c1.ai/blog/series-b",
      "permalink": "https://www.acquiry.com/deal-intelligence/workday-to-acquire-c1-ai/#stat-subs"
    },
    {
      "dataset": "key-figures",
      "id": "stat-backlog",
      "label": "Workday total subscription revenue backlog",
      "value": "$27.403bn",
      "provenance": "disclosed",
      "note": "Up 8.0% year on year as of the second quarter of fiscal 2027.",
      "sources": "https://newsroom.workday.com/2026-10-13-Workday-to-Acquire-C1-ai,-a-Leading-Agentic-Identity-Platform-for-People-and-Agents | https://www.c1.ai/blog/c1-ai-to-join-workday | https://www.c1.ai/blog/series-b",
      "permalink": "https://www.acquiry.com/deal-intelligence/workday-to-acquire-c1-ai/#stat-backlog"
    },
    {
      "dataset": "key-figures",
      "id": "stat-series-b",
      "label": "C1.ai Series B",
      "value": "$79M",
      "provenance": "disclosed",
      "note": "Led by Greycroft with CrowdStrike Falcon Fund, Accel, Felicis, Oregon Venture Fund and Operator Collective.",
      "sources": "https://newsroom.workday.com/2026-10-13-Workday-to-Acquire-C1-ai,-a-Leading-Agentic-Identity-Platform-for-People-and-Agents | https://www.c1.ai/blog/c1-ai-to-join-workday | https://www.c1.ai/blog/series-b",
      "permalink": "https://www.acquiry.com/deal-intelligence/workday-to-acquire-c1-ai/#stat-series-b"
    },
    {
      "dataset": "key-facts",
      "id": "fact-1",
      "label": "Status",
      "value": "Definitive agreement signed",
      "provenance": "disclosed",
      "note": "Announced on 13 October 2026 at Workday Rising 2026 in Las Vegas.",
      "sources": "https://newsroom.workday.com/2026-10-13-Workday-to-Acquire-C1-ai,-a-Leading-Agentic-Identity-Platform-for-People-and-Agents | https://www.c1.ai/blog/c1-ai-to-join-workday | https://www.c1.ai/blog/series-b",
      "permalink": "https://www.acquiry.com/deal-intelligence/workday-to-acquire-c1-ai/"
    },
    {
      "dataset": "key-facts",
      "id": "fact-2",
      "label": "Expected close",
      "value": "Q4 of fiscal 2027",
      "provenance": "disclosed",
      "note": "Workday’s fiscal year 2027 ends January 31, 2027; subject to customary closing conditions.",
      "sources": "https://newsroom.workday.com/2026-10-13-Workday-to-Acquire-C1-ai,-a-Leading-Agentic-Identity-Platform-for-People-and-Agents | https://www.c1.ai/blog/c1-ai-to-join-workday | https://www.c1.ai/blog/series-b",
      "permalink": "https://www.acquiry.com/deal-intelligence/workday-to-acquire-c1-ai/"
    },
    {
      "dataset": "key-facts",
      "id": "fact-3",
      "label": "Workday advisers",
      "value": "BofA Securities · Orrick",
      "provenance": "disclosed",
      "note": "Financial and legal advisers to Workday respectively.",
      "sources": "https://newsroom.workday.com/2026-10-13-Workday-to-Acquire-C1-ai,-a-Leading-Agentic-Identity-Platform-for-People-and-Agents | https://www.c1.ai/blog/c1-ai-to-join-workday | https://www.c1.ai/blog/series-b",
      "permalink": "https://www.acquiry.com/deal-intelligence/workday-to-acquire-c1-ai/"
    },
    {
      "dataset": "key-facts",
      "id": "fact-4",
      "label": "C1.ai advisers",
      "value": "Qatalyst · Ashurst Perkins Coie",
      "provenance": "disclosed",
      "note": "Financial and legal advisers to C1.ai respectively.",
      "sources": "https://newsroom.workday.com/2026-10-13-Workday-to-Acquire-C1-ai,-a-Leading-Agentic-Identity-Platform-for-People-and-Agents | https://www.c1.ai/blog/c1-ai-to-join-workday | https://www.c1.ai/blog/series-b",
      "permalink": "https://www.acquiry.com/deal-intelligence/workday-to-acquire-c1-ai/"
    },
    {
      "dataset": "key-facts",
      "id": "fact-5",
      "label": "C1.ai founders",
      "value": "Alex Bovee · Paul Querna",
      "provenance": "disclosed",
      "note": "The two co-founders started working on C1.ai in 2020.",
      "sources": "https://newsroom.workday.com/2026-10-13-Workday-to-Acquire-C1-ai,-a-Leading-Agentic-Identity-Platform-for-People-and-Agents | https://www.c1.ai/blog/c1-ai-to-join-workday | https://www.c1.ai/blog/series-b",
      "permalink": "https://www.acquiry.com/deal-intelligence/workday-to-acquire-c1-ai/"
    },
    {
      "dataset": "key-facts",
      "id": "fact-6",
      "label": "Last funding round",
      "value": "$79M Series B",
      "provenance": "disclosed",
      "note": "Led by Greycroft, announced 28 October 2025; revenue had more than tripled in the prior year.",
      "sources": "https://newsroom.workday.com/2026-10-13-Workday-to-Acquire-C1-ai,-a-Leading-Agentic-Identity-Platform-for-People-and-Agents | https://www.c1.ai/blog/c1-ai-to-join-workday | https://www.c1.ai/blog/series-b",
      "permalink": "https://www.acquiry.com/deal-intelligence/workday-to-acquire-c1-ai/"
    }
  ],
  "sources": [
    {
      "id": "s1",
      "title": "Workday to Acquire C1.ai, a Leading Agentic Identity Platform for People and Agents",
      "href": "https://newsroom.workday.com/2026-10-13-Workday-to-Acquire-C1-ai,-a-Leading-Agentic-Identity-Platform-for-People-and-Agents",
      "publisher": "Workday, Inc.",
      "date": "13 October 2026",
      "isoDate": "2026-10-13",
      "kind": "Press release"
    },
    {
      "id": "s2",
      "title": "C1.ai to join Workday",
      "href": "https://www.c1.ai/blog/c1-ai-to-join-workday",
      "publisher": "C1.ai",
      "date": "13 October 2026",
      "isoDate": "2026-10-13",
      "kind": "Company announcement"
    },
    {
      "id": "s3",
      "title": "C1.ai, the Identity Security Platform of the AI Era, Raises $79M Series B",
      "href": "https://www.c1.ai/blog/series-b",
      "publisher": "C1.ai",
      "date": "28 October 2025",
      "isoDate": "2025-10-28",
      "kind": "Company announcement"
    },
    {
      "id": "s4",
      "title": "C1.ai Raises $15M In Series A Funding to Solve Identity Security Challenges",
      "href": "https://www.c1.ai/blog/conductorone-raises-15m-series-a-to-solve-identity-security-challenges",
      "publisher": "C1.ai",
      "date": "23 June 2022",
      "isoDate": "2022-06-23",
      "kind": "Company announcement"
    },
    {
      "id": "s5",
      "title": "Announcing Our Felicis Led Series A Expansion to $27M",
      "href": "https://www.c1.ai/blog/conductorone-expands-series-a-to-27m-felicis",
      "publisher": "C1.ai",
      "date": "8 August 2023",
      "isoDate": "2023-08-08",
      "kind": "Company announcement"
    },
    {
      "id": "s6",
      "title": "Launch Week Roundup: The Paved Road to the Agentic Enterprise",
      "href": "https://www.c1.ai/blog/launch-week-roundup-paved-road-agentic-enterprise",
      "publisher": "C1.ai",
      "date": "2 October 2026",
      "isoDate": "2026-10-02",
      "kind": "Product announcement"
    },
    {
      "id": "s7",
      "title": "Introducing the C1 Autonomous Worker",
      "href": "https://www.c1.ai/blog/introducing-the-c1-autonomous-worker",
      "publisher": "C1.ai",
      "date": "15 June 2026",
      "isoDate": "2026-06-15",
      "kind": "Product announcement"
    },
    {
      "id": "s8",
      "title": "C1.ai is now available in Europe",
      "href": "https://www.c1.ai/blog/c1-now-available-in-europe",
      "publisher": "C1.ai",
      "date": "15 September 2026",
      "isoDate": "2026-09-15",
      "kind": "Product announcement"
    },
    {
      "id": "s9",
      "title": "Workday Announces Fiscal 2027 Second Quarter Financial Results",
      "href": "https://newsroom.workday.com/2026-08-27-Workday-Announces-Fiscal-2027-Second-Quarter-Financial-Results",
      "publisher": "Workday, Inc.",
      "date": "27 August 2026",
      "isoDate": "2026-08-27",
      "kind": "Earnings release"
    },
    {
      "id": "s10",
      "title": "Workday Signs Definitive Agreement to Acquire Pipedream",
      "href": "https://newsroom.workday.com/2025-11-19-Workday-Signs-Definitive-Agreement-to-Acquire-Pipedream",
      "publisher": "Workday, Inc.",
      "date": "19 November 2025",
      "isoDate": "2025-11-19",
      "kind": "Press release"
    },
    {
      "id": "s11",
      "title": "Workday Announces CEO Transition as Co-Founder Aneel Bhusri Returns to Lead the Company's Next Chapter",
      "href": "https://newsroom.workday.com/2026-02-09-Workday-Announces-CEO-Transition-as-Co-Founder-Aneel-Bhusri-Returns-to-Lead-the-Companys-Next-Chapter",
      "publisher": "Workday, Inc.",
      "date": "9 February 2026",
      "isoDate": "2026-02-09",
      "kind": "Press release"
    },
    {
      "id": "s12",
      "title": "Workday Completes Acquisition of Sana",
      "href": "https://newsroom.workday.com/2025-11-04-Workday-Completes-Acquisition-of-Sana",
      "publisher": "Workday, Inc.",
      "date": "4 November 2025",
      "isoDate": "2025-11-04",
      "kind": "Press release"
    }
  ]
}