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Ultimate-Software

Weston, Florida, United States

2020 Revenue

$1.1B

Customers

5.6K

Funding

$13M

Avg ACV

$196.4K

Team

2.5K

Founded

1990

Ultimate-Software Revenue & Funding (2020)

Ultimate-Software generated $1.1B in revenue in 2020.

Ultimate Software is an American technology company that develops and sells UltiPro, a cloud-based human capital management software system for businesses.

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Ultimate-Software Revenue

In 2020, Ultimate-Software's revenue reached $1.1B.

Ultimate-Software Revenue GrowthReported revenue / ARR over time$0$250M$500M$750M$1B$1.3B1990199219941996199820002002200420062008201020122014201620182020$0$1.1BSource: GetLatka.com
YearMilestoneSource
2020Ultimate-Software Hit $1.1b revenue in August 2020Not recorded
1990Launched with $0 revenue

Ultimate-Software Valuation, Funding Rounds

Ultimate-Software has not publicly disclosed its valuation. The company has raised $13M in total funding to date.

Ultimate-Software has raised $13M in total funding across 2 rounds, with its most recent round in 1997.

Ultimate-Software Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$3M$0.4$6M$0.6$9M$0.8$12M$1$15M19901991199219931994199519961997Source: GetLatka.com
YearRoundAmountValuation% SoldSource
1997Funding round$8M--Not recorded
1996Funding round$5M--Not recorded

Customers

Ultimate-Software serves 5.6K customers.

Ultimate-Software Employees & Team Size

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 Team GrowthReported headcount over time01,2502,5003,7505,0006,2501990199219941996199820002002200420062008201020122014201620182020002,4652,465Source: GetLatka.com
YearMilestoneSource
2020Reached 2.5K employees (December 2020)Not recorded
2020Reached 5.1K employees (August 2020)Not recorded
2020Reached 4.2K employees (June 2020)Not recorded
2019Reached 4.3K employees (December 2019)Not recorded
2018Reached 3.9K employees (December 2018)Not recorded

Frequently Asked Questions about Ultimate-Software

Is Ultimate-Software still an independent company?

No. Ultimate-Software was acquired.

What is Ultimate-Software's revenue?

As of 2020, Ultimate-Software generated $1.1B in revenue.

Who founded Ultimate-Software?

Ultimate-Software was founded by Adam Rogers.

When was Ultimate-Software founded?

Ultimate-Software was founded in 1990.

How much funding does Ultimate-Software have?

Ultimate-Software raised $13M across 2 rounds.

How many employees does Ultimate-Software have?

As of 2020, Ultimate-Software had 2.5K employees.

Where is Ultimate-Software headquartered?

Ultimate-Software is headquartered in Weston, Florida, United States.

Compare Ultimate-Software to the industry

Ultimate-Software operates across multiple industries. Browse revenue, funding, and growth data for Ultimate-Software in each sector below.

Data and Sources

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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