Workfront

Lehi, Utah, United States Enterprise Software Acquired

Workfront is an enterprise work management platform that helps marketing, IT, and operational teams plan, prioritize, manage, and measure work across the organization. Founded in 2001 as AtTask by Scott Johnson and rebranded as Workfront in 2015, the company built a cloud-based platform used by large enterprises to coordinate creative production, marketing campaigns, and complex cross-functional projects. Workfront was acquired by Adobe in December 2020 for $1.5 billion and integrated into Adobe Experience Cloud.

Acquired

Workfront has been acquired

Acquired by Adobe Inc. December 7, 2020 $1.5B

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2001

Employees

900–1,000

Total Funding

$368M

5 rounds

Funding

Total raised $368M across 5 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Strategic Secondary (Series F)

Date

March 13, 2019

Amount

$280M

Valuation

Lead Investors

W Capital PartnersSusquehanna Growth Equity
DateRoundAmount RaisedValuationLead Investors
March 13, 2019 Strategic Secondary (Series F) $280M W Capital Partners, Susquehanna Growth Equity
August 5, 2015 Series E $33M JMI Equity
January 2014 Series D $38M JMI Equity

Leadership

  • Alex Shootman

    CEO (2016-2020, through Adobe acquisition)

  • Scott Johnson

    Founder

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Asana

    Public work management platform for cross-team collaboration; competes directly with Workfront in marketing and enterprise project tracking.

  • Smartsheet

    Enterprise collaborative work management platform with spreadsheet-style UX; major competitor for Workfront in Fortune 500 accounts.

  • Monday.com

    Public work OS used by marketing, creative, and operations teams; competes with Workfront for mid-market and enterprise customers.

  • Wrike

    Enterprise collaborative work management platform owned by Citrix/Symphony Technology Group; direct competitor focused on marketing and creative workflows.

  • Atlassian (Jira)

    Public software collaboration company whose Jira product competes with Workfront for IT and engineering project tracking use cases.

  • ClickUp

    Productivity and work management platform competing in the broader collaborative work management category Workfront helped define.

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Data collected with AI, which can make mistakes. Please double-check this information.