About Immedis
Immedis is a Technology company based in Dublin (Ireland) founded in 2016, and was acquired by UKG in June 2023. Cloud-based payroll management software is offered for businesses. Immedis has raised $81.11 million across 3 funding rounds from investors including UKG, Scottish Equity Partners and Lead Edge Capital. Immedis was last valued at $509.02 million in May 2023. Its website immedis.com draws about 37 thousand monthly visits. Its focus areas include FinTech, Finance & Accounting Tech, Payroll Management and Enterprise Applications. Its legal entity is IMMEDIS LIMITED.
Company details
Immedis was founded in 2016 and is headquartered in Dublin, Ireland. Payroll management software is provided on a cloud-based platform for businesses operating in various sectors. Core operations include employment tax handling, reporting and analytics tools, data validation processes, staff oversight, workflow automation, and compliance tracking. Additional services encompass payroll payment processing, funding support, and tax administration assistance.
Apps and channels of Immedis
its YouTube channel UKG has 5.34K subscribers and 10 videos.
Videos from Immedis
The most watched videos on Immedis's YouTube channel, UKG (5.34K subscribers). Click a video to play it here.
More on UKG.
Funding Insights of Immedis
Immedis has successfully raised a total of $81.11M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $2.79 million completed in May 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $81.11M
- Total Rounds 3
- Last Round Series C — $2.79M
- First Round $28.32M
(May 2019)
- Investors Count 2
All 3 funding rounds of Immedis with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2023 | $2.79M | Series C | $509.02M | Scottish Equity Partners | |
| Dec 2020 | $50M | Series C | $566.8M | Lead Edge Capital | – |
| May 2019 | $28.32M | Series B | $••••• | Scottish Equity Partners | – |
| Date | Valuation | Stage |
|---|---|---|
| May 2023 | $509.02M | •••••••• |
| Dec 2020 | $566.8M | •••••••• |
| May 2019 | $••••• | •••••••• |
Full valuation and stage history of Immedis
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $509.02M (May 2023). 3 investors in total: 3 institutional.
Investors in Immedis
Immedis has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include UKG, Scottish Equity Partners and Lead Edge Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on tech companies | sep.co.uk | London, United Kingdom | ||
Lead Edge Capital is focused on growth equity investments in technology. | leadedge.com | New York, United States | ||
Provider of HR and payroll & workforce management solutions | 1977 | ukg.com | Weston, United States |
Investor details for Immedis
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Immedis
49 people are tracked at Immedis (5 in leadership, 2 in board & advisors, 42 in team).
| Name | Role | Group |
|---|---|---|
Richard Limpkin | Chief Product Officer | Leadership |
Eoin Scully | Onboarding Director EMEA | Leadership |
Ken Cardullo | Senior Partner Services Alliance Manager | Leadership |
Philip Hogan | Payroll Operations Director | Leadership |
Patricia O Brien | Partner Relationship Manager | Leadership |
Keith Davidson | Non-Executive Director | Board & advisors |
Brian Neider | Director | Board & advisors |
Silyana Bojilova | Customer Support Manager | Team |
Dinesh D. | Sr. Strategic Executive Relationship Manager | Team |
Seamus Daly | Lead Solution Consultant | Team |
Yoana Stoyanova | System Consultant II | Team |
Marie Collins | Mgr. Professional Services Consulting | Team |
Amy Valencia | Services Project Manager II | Team |
Karen Alcantar | Services Project Manager II | Team |
Lisa Cahill | Global Payroll Implementation Programme Manager | Team |
Georgi Ganchev | Implementation Manager | Team |
Valeria Kostadinova | Assoc. Manager Professional Services Consulting | Team |
Craig Field | Senior Solutions Consultant | Team |
Oisin McElhinney | Sr Services Project Manager | Team |
Boyan Tsonev | Product Operations Manager | Team |
29 more people are available in the full profile.
Complete people profiles for Immedis
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Timeline of Immedis
5 dated milestones of Immedis across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Immedis is founded.
- Funding First funding round of $28.3M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series C, of $2.8M.
- Exit Acquired by UKG.
Web traffic of Immedis
The website of Immedis (immedis.com) receives about 36.6K visits a month and ranks #815,557 among all websites worldwide, #2,020 in Accounting and Auditing.
- Monthly visits36.6K
▲ 29.9% vs previous month
- Unique visitors10.8K
per month
- Global rank#815,557
among all websites
- Category rank#2,020
Finance · Accounting and Auditing
- Bounce rate31%
- Pages per visit3.9
- Average visit3 min 14 sec
- DevicesDesktop 58% · Mobile 42%
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Related news about Immedis
Complete news archive for Immedis
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Frequently Asked Questions about Immedis
Immedis was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Immedis is headquartered in Dublin, Ireland.
Immedis is a funded company, having raised a total of $81.11M across 3 funding rounds to date. The company's 1st funding round was a Series B of $28.32M, raised on May 2019.
Immedis was founded in 2016 and is headquartered in Dublin, Ireland. Payroll management software is provided on a cloud-based platform for businesses operating in various sectors. Core operations include employment tax handling, reporting and analytics tools, data validation processes, staff oversight, workflow automation, and compliance tracking. Additional services encompass payroll payment processing, funding support, and tax administration assistance.
Immedis has 3 investors. Key investors include UKG, Scottish Equity Partners, and Lead Edge Capital.
The valuation of Immedis is $509.02M as of May 2023.
Immedis operates through Immedis Limited.
Yes. Immedis was acquired by UKG in June 2023.