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#73 by ARRFlorida, USultimatesoftware.com ↗

Ultimate-Software

Ultimate Software (now part of UKG) sells cloud HR, payroll, talent and workforce management software with AI features to mid-size and large employers worldwide.

ARR
$1.1B revenue (est.)
as of Oct 2026
Employees
2.5K
as of Oct 2026
Valuation
—
latest round
ARR / employee
$440K
revenue efficiency
About Ultimate-Software

Ultimate Software, founded in 1990 in Weston, Florida, built the UltiPro cloud HCM suite. It added Xander, an AI layer, for HR, payroll and talent management. Hellman & Friedman bought it for $11 billion in 2019. It merged with Kronos on April 1, 2020 to form UKG, which is privately owned and sells subscription SaaS. Ultimate's revenue was about $940 million in 2017. UKG's Revelio Labs headcount was about 16,000 in March 2026, and GlobalData reports 2024 revenue of about $2.3 billion.

Investors · 5

LeadHellman & FriedmanVenture capital3 partners on file
InvestorBlackstonePrivate equity20 partners on file
InvestorCPP InvestmentsVenture capital3 partners on file
InvestorGICSovereign fund21 partners on file
InvestorJMI EquityVenture capital3 partners on file
50 partner contacts across these firms, emails and LinkedIn are in Investor Contacts for paid members.

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