Workday to Acquire VNDLY for $510M

November 19, 2021

Workday has agreed to acquire VNDLY, a Mason, Ohio-based external workforce management (VMS) startup, for $510 million to integrate contingent workforce management into Workday’s HCM and HR platform. VNDLY, founded in 2017 and having raised roughly $58 million (including a $35M Series B led by Insight Partners), will expand Workday’s capabilities for managing internal and external workers; the deal is expected to close in Workday’s next fiscal quarter.

Buyers
Workday
Targets
VNDLY
Industry
Cloud & SaaS
Location
Ohio, United States
Transaction Type
Buyout

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