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Ultimate-Software

Weston, Florida, United States

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 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 over time$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$0$0.2$3M$0.4$6M$0.6$9M$0.8$12M$1$15M19901991199219931994199519961997Source: GetLatka.com
YearRoundAmountValuation% SoldQuote
1997Funding round$8M--
1996Funding round$5M--

Founder / CEO

Adam Rogers

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

Q&A

QuestionAnswer
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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
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)

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.

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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