Our Investment from UKG Ventures

Siddharth Ram
November 4, 2025

We're excited to share that Intermezzo has secured strategic investment from UKG Ventures, the newly established investment arm of UKG, a global leader in workforce management solutions. As part of UKG Ventures' inaugural portfolio, this partnership represents a pivotal moment in our journey to revolutionize global payroll.

Transforming Global Payroll with AI

We’ve developed an AI-first platform that streamlines the entire global payroll process. We automate everything from calculations to compliance, tax processing to regulatory filings—across multiple countries, accessible through one unified API. For businesses operating internationally, this eliminates the complexity, manual work, and post-regulation delays that have historically made global payroll such a challenge.

The Strategic Value of This Partnership

This investment goes beyond financial backing—it represents a powerful endorsement of our approach and meaningful collaboration with a leader in workforce technology. With UKG supporting over 80,000 organizations worldwide and millions of employees relying on their systems each day, this partnership creates opportunities to:

  • Connect with enterprise customers who need sophisticated global payroll capabilities integrated seamlessly with their workforce management infrastructure
  • Strengthen our platform by participating in UKG's broader HR and workforce management ecosystem
  • Create better outcomes for businesses that require reliable, scalable international payroll as part of their workforce operations

A Shared Vision for Workforce Technology

UKG President and CFO Arlen Shenkman articulated their investment thesis clearly: "As the world's Workforce Operating Platform, we're focused on investing in the innovations that will power tomorrow's workforce." At Intermezzo, this resonates deeply with our own mission.

Today's workforce reality is increasingly international, distributed, and dynamic. Organizations need the latest technology that can automatically adapt to shifting labor regulations across multiple jurisdictions. Our AI-driven approach to payroll automation and compliance directly addresses these pain points, empowering companies to expand globally while meeting all regulatory obligations.

Looking Ahead

UKG Ventures' backing accelerates our momentum and reinforces our position as an innovator in global payroll. We're eager to strengthen our collaboration with UKG and jointly serve enterprises around the world.

We're deeply appreciative of UKG Ventures' belief in our mission and excited about building the next generation of global payroll technology together.

See UKG’s original announcement: https://www.ukg.com/company/newsroom/ukg-launches-venture-fund