Immedis
Latest round
- Series B
Last raised
- Nov 2020
Total raised
- $80M
Investors
- 2
About Immedis
Immedis Limited is a payroll management company that focuses on providing global payroll solutions. Founded in 2016 in Dublin, Ireland, the company was co-founded by Richard Limpkin and Terry Clune. In June 2023, it was acquired by UKG Inc. for EUR 575 million, complementing both companies' capabilities to enhance their product offerings and market presence. The firm has completed a total of 4 deals, with the most recent deal occurring on June 6, 2023.Immedis offers a suite of integrated solutions designed to streamline and optimize global payroll management across diverse geographical markets. Its core offerings include UKG One View Connect, which provides a unified view of payroll data from multiple in-country providers, enabling organizations to overcome the challenges of disparate payroll systems.30.The recent acquisition by UKG Inc. is set to enhance Immedis' future growth strategy, particularly in expanding its product portfolio and market reach. With plans to roll out new products designed to further streamline payroll processes, the company aims to penetrate additional geographic regions. Specific targets for expansion have not been detailed, but the focus on enhanced payroll capabilities positions Immedis to strengthen its market presence. The EUR 575 million from the acquisition is expected to support these strategic initiatives, allowing the company to better serve its clients and expand its offerings.
Who invested in Immedis
2 investors across 2 rounds
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Questions about Immedis
Who invested in Immedis?
Immedis has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Immedis raised?
Immedis has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Immedis last raise money?
Immedis's most recent round on record is a Series B, in Nov 2020.
What does Immedis do?
Immedis Limited is a payroll management company that focuses on providing global payroll solutions.
Where is Immedis headquartered?
Immedis is headquartered in Dublin, Ireland.
Which VCs invest in companies like Immedis?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Immedis's stage. Their profiles are linked below.
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