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Weston, Florida, United States
Ultimate Software is an American technology company that develops and sells UltiPro, a cloud-based human capital management software system for businesses.
Last updated
In 2020, Ultimate-Software's revenue reached $1.1B. Since its launch in 1990, Ultimate-Software has shown consistent revenue growth.
Ultimate-Software reached a $3.3B valuation in 2025, set during its M&A Offer round.
Ultimate-Software has raised $13M in total funding across 2 rounds, with its most recent round in 1997.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $3.3B | - | |
| 1997 | Funding round | $8M | - | - | |
| 1996 | Funding round | $5M | - | - |
| Question | Answer |
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| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
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| Advice for 20 year old self | - |
Ultimate-Software serves 5.6K customers.
Ultimate-Software employs approximately 2.5K people as of 2026, down from 4.3K in 2019, including 221 sales reps that carry a quota. It serves 5.6K customers that rely on its solutions.
Ultimate-Software generates $1.1B in revenue.
Ultimate-Software was founded by Adam Rogers.
The CEO of Ultimate-Software is Adam Rogers.
Ultimate-Software raised $13M across 2 rounds.
Ultimate-Software has 2.5K employees.
Ultimate-Software is headquartered in Weston, Florida, United States.
Ultimate-Software operates across multiple industries. Browse revenue, funding, and growth data for Ultimate-Software in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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Valuation
$3.3B
2020 Revenue
$1.1B
Customers
5.6K
Funding
$13M
Avg ACV
$196.4K
Team
2.5K
Founded
1990
| Year | Milestone | Source |
|---|---|---|
| 2020 | Ultimate-Software Hit $1.1b revenue in August 2020 | |
| 1990 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2020 | Reached 2.5K employees (December 2020) | |
| 2020 | Reached 5.1K employees (August 2020) | |
| 2020 | Reached 4.2K employees (June 2020) | |
| 2019 | Reached 4.3K employees (December 2019) | |
| 2018 | Reached 3.9K employees (December 2018) |
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