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Ultimate-Softwarerevenue, acquisition & funding

HRMS & HCM SoftwareWeston, FloridaFounded 1990

Ultimate-Software was acquired.

Ultimate-Software is an HRMS & HCM Software company based in Weston, founded in 1990.

ultimatesoftware.comLinkedInUpdated Aug 10, 2026
Annual revenue
$1.1B
Aug 2020
Owner
Undisclosed
Date not on record
Total raised
$13M
2 rounds
Employees
2,465
Dec 2020

Ultimate-Software revenue

Ultimate-Software's annual revenue was $1.1B in August 2020, its last figure before its buyer bought it (source not recorded).

$0
$500M
$1B
$1.1B
2020
ReportedOne figure per year; a reported figure wins over an estimate
As ofRevenueSource
Aug 2020$1.1B–

– source not recorded

Who owns Ultimate-Software

Another company owns Ultimate-Software. The date and price of the deal are not on record.

Ultimate-Software funding rounds & investors

Ultimate-Software has raised $13M across two rounds since 1996. The latest was a $8M funding round in June 1997.

DateRoundRaised
Jun 1997Funding round$8M
Apr 1996Funding round$5M
Total raised$13M

Ultimate-Software CEO, founders & employees

Adam Rogers founded Ultimate-Software in 1990 and led it as CEO. Ultimate-Software had 2,465 employees (December 2020), down from 4,250 a year earlier.

0
2,000
4,000
3,888
4,250
2,465
201820192020
ReportedOne figure per year; a reported figure wins over an estimate

Team mix (Dec 2020): 510 engineers, 221 in sales, 25 in marketing

All 5 headcount readings, with sources
As ofEmployeesSource
Dec 20202,465–
Aug 20205,144–
Jun 20204,191–
Dec 20194,250–
Dec 20183,888–

Ultimate-Software FAQ

What was Ultimate-Software's revenue?

Before it was acquired, Ultimate-Software's annual revenue was $1.1B in August 2020 (source not recorded).

How much funding has Ultimate-Software raised?

Ultimate-Software raised $13M across two funding rounds before it was acquired. The last was a $8M funding round in June 1997.

How many employees does Ultimate-Software have?

Ultimate-Software had 2,465 employees in December 2020.

Who founded Ultimate-Software?

Adam Rogers founded Ultimate-Software in 1990.

How this page is sourced

Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.

Updated Aug 10, 2026Data disclaimerReport a correctionClaim this profileRun Ultimate-Software? Join the podcast