Bernardez to build up HR software firm UKG’s venture arm - Global Venturing
Summary
UKG has hired corporate venture capital veteran Steve Bernardez as the first partner for its strategic venture arm, UKG Ventures. He previously served as a partner at Pegasus Tech Ventures and Avanta Ventures and worked on business development at Microsoft. Bernardez will source AI-equipped, series A worktech startups focused on productivity, HR and workforce management and will help expand UKG's corporate venture programme. He will introduce portfolio companies to UKG customers to enable product integrations, pilots and commercial partnerships. UKG launched UKG Ventures in October and initially disclosed three investments but has not revealed subsequent deals.
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HR Software
Workforce Management Software
Payroll Software
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UKG
$1B+