When was UKG founded?

UKG was founded in 1977 and raised its 1st funding round 36 years after it was founded.

Where is UKG located?

UKG is headquartered in Lowell, United States.

How many employees does UKG have?

As of Jun 30, 2026, the latest employee count at UKG is 16357.

Is UKG a funded company?

UKG is a funded company, having raised a total of $6.09M across 2 funding rounds to date. The company's 1st funding round was a $***** Unattributed round, raised on Oct 01, 2013.

When was the latest funding round of UKG?

UKG's latest funding was a $***** Unattributed round on Nov 18, 2013, with participation from 0 investor.

What is the annual revenue of UKG?

Annual revenue of UKG is more than $1B as on Dec 31, 2018

Where does UKG rank among its competitors?

UKG ranks 3rd amongst 643 active competitors, of which 74 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Legion, which secured $50M in Dec, 2024.

Who are the top competitors of UKG?

UKG's top competitors include Beeline, Legion and Deputy. Among them, Legion secured the most recent funding round in December, 2024.

UKG - 2026 Company Profile, Team, Funding, Competitors & Financials

UKG is an early stage company based in Lowell (United States), founded in 1977 by David Steel. It operates as a Provider of human capital management, workforce management, and payroll solutions for businesses. UKG has raised $6.09M in funding. The company has 643 active competitors, including 74 funded and 75 that have exited. Its top competitors include companies like Beeline, Legion and Deputy.

Company Details

Provider of human capital management, workforce management, and payroll solutions for businesses. Its platform offers a range of tools and insights to help organizations manage their workforce, improve operational efficiency, and make informed HR decisions.

Website: www.ukg.com/
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Key Metrics

Founded Year

1977

Location

Lowell, United States

Stage

Early Stage

Total Funding

$6.09M in 2 rounds

Latest Funding Round

Unattributed, Nov 18, 2013, $*****

Investors

Hellman & Friedman & 6 more

Ranked

3^rd among 643 active competitors

Annual Revenue

$1B+ as on Dec 31, 2018

Employee Count

16,357 as on Jun 30, 2026

Investment & Acquisitions

Inova Payroll & 10 more

Similar Companies

Beeline & 828 more

View UKG's full profile

UKG is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ULTIMATE SOFTWARE GROUP INC CIN: 1016125 , United States, Active	Jul 13, 1994	$1B+ (As on Dec 31, 2018)	-	-

UKG has raised a total funding of $6.09M over 2 rounds. Its first funding round was on Oct 01, 2013. UKG has 7 institutional investors.

Here is the list of recent funding rounds of UKG:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 18, 2013	4876412	Unattributed	7737648	3973191	1176639	2468326
Oct 01, 2013	4832264	Unattributed	8063032	2276313	8578279	1022624

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View details of UKG's funding rounds and investors

The founders of UKG is David Steel.

Here are the details of UKG's key team members:

David Steel: Founder & CTO of UKG and founder of 1 other company.

View details of UKG's Founder profiles and Board Members

UKG's employee count trend

UKG has 16,357 employees as of Jun 26. Here is UKG's employee count trend over the years:

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Top competitors of UKG include Beeline, Legion and Deputy. Here is the list of Top 10 competitors of UKG, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Beeline 1999, Jacksonville (United States), Acquired	Provider of extended workforce management platform and related solutions	$45M	Stone Point Capital, Churchill Asset Management ... & 1 others	77/100
2nd	Legion 2016, San Francisco (United States), Series C	AI-based workforce management software solution	$195M	Riverwood Capital, Workday Ventures & 10 others	76/100
3rd	UKG 1977, Lowell (United States), Early Stage	Provider of human capital management, workforce management, and payroll solutions for businesses	$6.09M	Hellman & Friedman, CPP Investments & 5 others	74/100
4th	Deputy 2008, Atlanta (United States), Series B	Provider of workforce management platform for scheduling, HR, and compliance	$143M	OpenView, IVP & 4 others	71/100
5th	WorkForce Software 1999, Livonia (United States), Acquired	Provider of suite solutions for contingent workforce management	$188M	Insight Partners, Turmeric Capital & 4 others	70/100
6th	Assembled San Francisco (United States), Series B	Developer of workforce management portal	$70.7M	New Enterprise Associates, Emergence Capital ... & 9 others	69/100
7th	Shiftsmart 2015, New York City (United States), Series B	Application based platform offering employee scheduling solution	$117M	D1 Capital Partners, SoftBank Capital & 6 others	67/100
8th	Work Market 2010, New York City (United States), Acquired	freelance management and payment solution	$66M	Union Square Ventures, Spark Capital & 7 others	66/100
9th	Nowsta 2015, Brooklyn (United States), Series C	Web based Mobile workforce management software	$93M	GreatPoint Ventures, VMG Partners & 11 others	64/100
10th	Indeavor 1996, Madison (United States), Early Stage	Platform offering workforce management software solutions	$590K	-	64/100

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UKG has not made any investments yet. UKG has made 11 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Dec 12, 2025	Acquisition	Inova Payroll	2011	Nashville (United States)
Nov 26, 2025	Acquisition	Mo	2018	London (United Kingdom)
Jun 02, 2025	Acquisition	Shiftboard	2002	Seattle (United States)