UKG Labs Ecosystem has expanded and added nine new startups.
Takeaway Points
- UKG Labs Ecosystem Expands and Adds Nine New Startups
- Portfolio companies are recruited and selected through a careful vetting process centered on emerging categories and trends that are shaping the future of work.
- The new startups include Pruuvn, Wallit, Included.ai, Muse, Salt Labs, Ditch, SecureSave, Your Money Line, and Questis.
UKG Adds Nine New Startups
UKG, a leading provider of HR, payroll, workforce management, and culture solutions, said on Monday that its in-house global startup ecosystem and virtual laboratory, UKG Labs, has grown to 20 companies. UKG Labs is a highly selective program accelerating frontline workforce innovation by identifying and nurturing early-stage companies that share UKG’s vision to inspire every organization to become a great place to work through technology built for all.
Portfolio companies are recruited and selected through a careful vetting process centered on emerging categories and trends that are shaping the future of work, the company said in a statement.
Hugo Sarrazin, president and chief product and technology officer at UKG, said, “UKG Labs presents a unique opportunity for entrepreneurs to gain access to our employees’ knowledge, expertise, and time to improve their own technology. Likewise, UKG employees who work with these startups hone their existing skills while developing new ones to further their own careers and bring fresh perspectives to their own teams. By working together to identify and solve market issues, we’re bringing solutions to customers more quickly while supporting the next generation of potentially game-changing HCM technology companies.”
The Nine New Startups
The company listed the nine new startups as: Pruuvn, a background tracking platform, helps employers accurately verify and screen potential gig workers’ identities and credentials through blockchain technology and artificial intelligence (AI); Wallit is a portable benefits payment system of record with a unified, cross-brand shopping network. Its platform streamlines the delivery of workplace benefits for contingent and non-contingent workers, making it more accessible and efficient for carriers, brokers, organizations, and employees.
Included.ai, an HR intelligence platform, enhances decision-making for HR leaders by identifying critical hotspots, including attrition rates, employee engagement, and diversity, equity, and inclusion (DEI) metrics, and providing actionable insights through integrations with corporate people systems, Muse, Salt Labs, Ditch, SecureSave, Your Money Line, and Questis that leverage generative AI and certified financial coaches to provide personalized, scalable, and secure financial guidance, so consumers can take control of their finances.
About UKG
At UKG, our purpose is people. We are on a mission to inspire every organization to become a great place to work through HCM technology built for all. More than 80,000 organizations across all sizes, industries, and geographies trust UKG HR, payroll, workforce management, and culture cloud solutions to drive great workplace experiences and make better, more confident people and business decisions. With the world’s largest collection of people data, work data, and culture data combined with rich experience using artificial intelligence in the service of people, we connect culture insights with business outcomes to show what’s possible when organizations invest in their people.
