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 Aug 31, 2026, the latest employee count at UKG is 16141.

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.

How much is UKG worth?

The latest valuation of UKG is $***** as of Feb 01, 2020.

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 697 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

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, with a current valuation of $*****. The company has 697 active competitors, including 76 funded and 77 that have exited. Its top competitors include companies like Legion, Beeline 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, $*****

Post Money Valuation

$***** as on Feb 01, 2020

Investors

Hellman & Friedman & 6 more

Ranked

2^nd among 697 active competitors

Annual Revenue

$1B+ as on Dec 31, 2018

Employee Count

16,141 as on Aug 31, 2026

Investment & Acquisitions

Intermezzo & 11 more

Similar Companies

Legion & 883 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	6819295	Unattributed	4474384	6451100	9522754	7001984
Oct 01, 2013	4807766	Unattributed	4159166	5127561	6635458	6371802

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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 16,141 employees as of Aug 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	76/100
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	63/100

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UKG has made 1 investments in companies including Intermezzo. UKG has also acquired 11 companies including Inova Payroll and Mo.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jul 06, 2026	Investments	Intermezzo	2024	San Francisco (United States)
Dec 12, 2025	Acquisition	Inova Payroll	2011	Nashville (United States)
Nov 26, 2025	Acquisition	Mo	2018	London (United Kingdom)