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 Jul 31, 2026, the latest employee count at UKG is 16264.

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 2nd amongst 676 active competitors, of which 76 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Lumber, which secured $15.5M in Mar, 2025.

Who are the top competitors of UKG?

UKG's top competitors include Legion, Beeline and Deputy. Among them, Lumber secured the most recent funding round in March, 2025.

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

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/
Social

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

2^nd among 676 active competitors

Annual Revenue

$1B+ as on Dec 31, 2018

Employee Count

16,264 as on Jul 31, 2026

Investment & Acquisitions

Inova Payroll & 10 more

Similar Companies

Legion & 862 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	6744878	Unattributed	1054384	3940552	1940223	9397424
Oct 01, 2013	9904042	Unattributed	5257996	1069240	9093076	2166952

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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 16,264 employees as of Jul 26. Here is UKG's employee count trend over the years:

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Top competitors of UKG include Legion, Beeline 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	Legion 2016, San Francisco (United States), Series C	AI-based workforce management software solution	$195M	Riverwood Capital, Workday Ventures & 10 others	76/100
2nd	UKG 1977, Lowell (United States), Early Stage	Provider of human capital management, workforce management, and payroll solutions for businesses	$6.09M	Hellman & Friedman, Lead Edge Capital & 5 others	74/100
3rd	Beeline 1999, Jacksonville (United States), Acquired	Provider of extended workforce management platform and related solutions	$45M	Stone Point Capital, Churchill Asset Management ... & 1 others	73/100
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	Emergence Capital, Stripe & 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	66/100
8th	Nowsta 2015, Brooklyn (United States), Series C	Web based Mobile workforce management software	$93M	VMG Partners, GreatPoint Ventures & 11 others	64/100
9th	Indeavor 1996, Madison (United States), Early Stage	Platform offering workforce management software solutions	$590K	-	64/100
10th	Lumber 2023, California City (United States), Series A	Developer of software solutions for managing construction workforce and payroll	$21M	Foundation Capital, Carbide Ventures & 12 others	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)