UKG, a global leader in AI-powered HR, pay, and workforce management solutions, has launched UKG Ventures, a strategic investment arm dedicated to nurturing the next wave of worktech disruptors. The fund will back early to growth-stage companies to provide UKG customers with early access to cutting-edge innovations that enhance workforce productivity, efficiency, and flexibility across all employee levels. UKG Ventures has already made its first three investments: Financial Wellness Labs, an AI-driven platform offering personalized financial coaching; Intermezzo.ai, a global AI-native payroll automation platform; and Acadian Ventures, an early-stage fund connecting UKG to a broad network of global worktech innovators.
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“As the world’s Workforce Operating Platform, we’re focused on investing in the innovations that will power tomorrow’s workforce,” said Arlen Shenkman, President, Chief Financial Officer at UKG. The initiative supports the company’s UKG Labs program. This program partners with pre-seed and seed-stage startups to test and improve HR technologies. So far, 19 startups, including Financial Wellness Labs, have joined UKG Labs. This shows UKG’s commitment to ongoing innovation in the future of work.
