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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

How Ultimate-Software CEO Adam Rogers grew Ultimate-Software to $1.1B revenue and 5.6K customers 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. Since its launch in 1990, Ultimate-Software has shown consistent revenue growth.

Ultimate-Software Revenue GrowthReported revenue / ARR by year$0$250M$500M$750M$1B$1B1990199219941996199820002002200420062008201020122014201620182020$0$1BSource: GetLatka.com
YearMilestoneQuote
2020Ultimate-Software Hit $1.1b revenue in August 2020
1990Launched with $0 revenue

Ultimate-Software Valuation, Funding Rounds

Ultimate-Software's most recent disclosed valuation is $3.3B.

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$3M$6M$9M$12M$15M199019911992199319941995199619971990 cumulative: $0 • 1990 Founded: $01996 cumulative: $5M • 1990 Founded: $0 • 1996 Funding round: $5M1997 cumulative: $13M • 1990 Founded: $0 • 1996 Funding round: $5M • 1997 Funding round: $8M$13M1990 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
1997Funding round$8M--
1996Funding round$5M--

Ultimate-Software Employees & Team Size

Ultimate-Software employs approximately 2.5K people as of 2026, down from 4.3K in 2019.

Ultimate-Software has 2.5K total employees in different roles and functions and 221 sales reps that carry a quota. They have 5.6K customers that rely on the company's solutions.

Ultimate-Software Team GrowthReported headcount over time01,2502,5003,7505,0006,2501990199219941996199820002002200420062008201020122014201620182020002,4652,465Source: GetLatka.com
YearMilestone
2020Reached 2.5K employees (December 2020)
2020Reached 5.1K employees (August 2020)
2020Reached 4.2K employees (June 2020)
2019Reached 4.3K employees (December 2019)
2018Reached 3.9K employees (December 2018)

Founder / CEO

Adam Rogers

Adam Rogers is listed as Founder / CEO at Ultimate-Software.

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Customers

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Frequently Asked Questions about Ultimate-Software

What is Ultimate-Software's revenue?

Ultimate-Software generates $1.1B in revenue.

Who founded Ultimate-Software?

Ultimate-Software was founded by Adam Rogers.

Who is the CEO of Ultimate-Software?

The CEO of Ultimate-Software is Adam Rogers.

How much funding does Ultimate-Software have?

Ultimate-Software raised $13M.

How many employees does Ultimate-Software have?

Ultimate-Software has 2.5K employees.

Where is Ultimate-Software headquarters?

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.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .