About UKG
UKG is a company based in Weston (United States) founded in 1977.. UKG has raised $6.09 million across 2 funding rounds. UKG has completed 11 acquisitions, including Ascentis, Everything Benefits and Great Place To Work. UKG operates in a competitive market with competitors including ADP, Randstad, Bullhorn, Insperity and Alera Group, among others.
- Headquarter Weston, United States
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Sectors
Business Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ultimate Software Group Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.09 M (USD)
in 2 rounds
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Latest Funding Round
$3.44 M (USD), Unspecified
Nov 18, 2013
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Ascentis
& 10 more
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Software Development Team
199 people
Sales and Marketing
123 people
Leadership Team
114 people
Product Management Team
90 people
Lead Team
26 people
Senior Team
25 people
Human Resources and Administration
22 people
Finance and Accounting
21 people
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Funding Insights of UKG
UKG has successfully raised a total of $6.09M across 2 strategic funding rounds. The most recent funding activity was a Unspecified round of $3.44 million completed in November 2013. 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 Total Funding
- Total Rounds 2
- Last Round Unspecified — $3.4M
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First Round
First Round
(01 Oct 2013)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2013 | Amount | Unspecified - UKG | Valuation |
investors |
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| Oct, 2013 | Amount | Unspecified - UKG | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by UKG
UKG has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include Ascentis, Everything Benefits and Great Place To Work. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud-based suite solutions for employee engagement
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2018 | ||||
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A cloud-based HRMS platform for enterprise workforce planning is offered.
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2017 | ||||
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Employee engagement solutions, including automation and collaboration tools, are provided.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - UKG
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ukg Comparisons
Competitors of UKG
UKG operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ADP, Randstad, Bullhorn, Insperity and Alera Group, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based HR management solutions are offered for payroll and compliance.
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| domain | founded_year | HQ Location |
HR consulting, recruitment, and outsourcing services are offered worldwide.
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| domain | founded_year | HQ Location |
Cloud-based ATS and CRM systems are offered for staffing agencies.
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| domain | founded_year | HQ Location |
HR outsourcing services are provided to businesses by Insperity.
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| domain | founded_year | HQ Location |
HR, insurance, and liability services are provided by Alera Group.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ukg
Frequently Asked Questions about UKG
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 Weston, United States. It is registered at Weston, Florida, United States.
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 Unspecified of $2.65M, raised on Oct 01, 2013.
What does UKG do?
UKG was established in 1977 and is headquartered in Weston, United States. Operations focus on the human resources and workforce management sector, where software solutions for payroll processing, employee scheduling, and performance tracking are developed and delivered. Services are extended to businesses across various industries, supporting compliance and efficiency in workforce operations primarily within the North American market.
Who are the top competitors of UKG?
UKG's top competitors include Randstad, Alera Group and Wanted.
How many acquisitions has UKG made?
UKG has made 11 acquisitions, including Ascentis, Everything Benefits, and Great Place To Work.
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