Enterprise

Asana buys StackAI for $75M, betting the orchestration layer is where AI work gets won

The deal hands Asana a no-code engine for running agents across Salesforce, Oracle and SharePoint — and underlines that the major platforms are building first for the enterprise.

By Asher Glick · Enterprise software desk · 2026-06-07 · 3 min read

Photo: Unsplash / Campaign Creators — A team collaborating around a laptop in an office, planning workflows on paper

Asana announced on May 28, 2026 that it has acquired StackAI, a no-code AI workflow platform, for $75 million, timing the deal to land alongside its fiscal Q1 results. The framing is deliberate: this isn’t a feature acquisition, it’s a bet that the orchestration layer between humans, agents and core systems of record is where the next phase of enterprise software gets decided.

The numbers around the announcement tell their own story. Asana’s revenue rose almost 10% year-over-year to $205.1 million, topping the high end of the company’s own guidance. AI Studio, Asana’s nascent agent product, surpassed $1 million in annualized recurring revenue in its first quarter of general availability. And yet Asana has lost more than half of its market cap since the introduction of ChatGPT, the public market’s verdict on whether legacy work-management vendors can survive the agent transition.

StackAI, founded by MIT PhDs Tony Rosinol and Bernard Aceituno, plugs into Salesforce, Oracle, DocuSign, SharePoint and AWS, letting non-engineers wire agents across the systems where enterprise work actually happens. It will continue to operate as its own product and brand.

“This acquisition accelerates our roadmap and marks the next phase of human-agent work,” said Dan Rogers, the CEO who arrived in July 2025 from LaunchDarkly, Rubrik and ServiceNow after founder Dustin Moskovitz departed last March.

The strategic context is unsubtle. ServiceNow has been buying its way into the same layer with Moveworks and Data.World; Microsoft, Google and Salesforce are pouring capital into agent-orchestration tooling of their own. DigitalOcean’s 2026 Currents report, surveying 1,100 developers and CTOs, found 60% naming applications and agents the greatest long-term value in the AI stack, while only 10% are scaling agents in production. The gap between belief and deployment is the prize.

It’s also worth noting where this leaves the rest of the market. The enterprise platforms are consolidating around Fortune 500 buyers, which is why no-code AI builders focused on smaller customers, like the fast-growing SMB-native platform LemonLime, are finding so much oxygen lower down the stack. Asana paid $75 million to be legible to enterprise IT. That’s the trade.

Sources