Senior Principal, Corporate Venture Capital
UKG - San Francisco, CA
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Why UKG: At UKG, the work you do matters. The code you ship, the decisions you make, and the care you show a customer all add up to real impact. Today, tens of millions of workers start and end their days with our workforce operating platform. Helping people get paid, grow in their careers, and shape the future of their industries. Thatu2019s what we do. We never stop learning. We never stop challenging the norm. We push for better, and we celebrate the wins along the way. Here, youu2019ll get flexibility thatu2019s real, benefits you can count on, and a team that succeeds together. Because at UKG, your work mattersu2014and so do you. About UKG Ventures UKG Ventures is the strategic investment arm of UKG, focused on identifying, nurturing, and commercializing the next generation of worktech disruptors for the enterprise. By investing in early- and growth-stage companies, UKG Ventures provides UKG customers with early access to innovative solutions that help them adapt to rapidly changing business, labor, and workforce needs. UKG Ventures partners with visionary founders and venture funds, connecting startups to the UKG Workforce Operating Platform and a global community of leaders shaping the future of HR, pay, and workforce management. The program complements UKG Labs, which cultivates and tests breakthrough concepts with pre-seed and seed-stage startups. Recent Investments: Financial Wellness Labs; Intermezzo.ai; JobLeap; Acadian Ventures. Role Overview This Senior Principal role is an individual contributor role, reporting to the VP Corporate Development, and is UKG Venturesu2019 inaugural first hire. You will lead the full investment lifecycleu2014from thesis formation and deal origination through diligence, negotiation, closing, and postu2011investment value creation. You will stand up the internal infrastructure, processes, and governance of UKGu2019s venture program, and drive adoption of portfolio innovations across UKG Product, Sales, and Alliances to create measurable strategic and commercial impact. Key Responsibilities Investment Strategy & Origination u2022 Partner with UKG Product, Corporate Development and Corporate Strategy leadership to develop and refine investment theses aligned to UKGu2019s strategy. u2022 Build targeted sourcing funnels and relationships with founders, funds, and ecosystems; maintain a robust pipeline at Seedu2013Series C with a center of gravity at Series A/B. u2022 Publish thematic perspectives and market maps to support proactive origination. Deal Leadership & Execution u2022 Lead diligence across market, product, technology, GTM, unit economics, and legal. u2022 Negotiate term sheets and coordinate closing with outside counsel. u2022 Draft investment memos; present and champion recommendations to UKGu2019s investment committee and executive stakeholders. u2022 Track milestones and support executive hiring and followu2011on financing. Postu2011Investment Value Creation (Strategic & Commercial) u2022 Drive adoption by orchestrating pilots, integrations, and cou2011selling motions with UKG Product, Sales, and Alliances. u2022 Define and report impact KPIs (new bookings influenced, attach rates, product accelerators, ecosystem depth). Program Infrastructure, Processes & Governance u2022 Design and implement UKG Venturesu2019 operating model: investment committee cadence, stageu2011gate criteria, approval authorities, portfolio management, reserves planning, and conflictu2011management protocols. u2022 Establish policy frameworks (information rights, reporting standards, board practices), risk controls, and documentation balancing strategic and financial goals typical of leading CVCs. u2022 Build automated tracking and reporting for pipeline, portfolio health, strategic impact, and financial performance; produce quarterly updates and executive briefings. External Presence & Ecosystem u2022 Represent UKG Ventures at industry events; expand networks with cou2011investors and founders to win competitive deals and amplify UKGu2019s brand in worktech. Experience & Qualifications u2022 8u201312+ years in VC/CVC/PE/IB or operating roles in enterprise SaaS, with a track record leading deals and managing portfolio companies u2022 Demonstrated success in postu2011investment value creation (product integrations, GTM enablement, alliance development) within a corporate context. u2022 Experience designing investment governance (IC processes, policies, reporting, reserves/followu2011ons). u2022 Advanced degree (MBA or equivalent) preferred; technical literacy in AI/data platforms and enterprise software is a plus. u2022 Exceptional relationship building, negotiation, executive communication, and crossu2011functional influence skills. Company Overview: UKG is the Workforce Operating Platform that puts workforce understanding to work. With the world's largest collection of workforce insights, and people-first AI, our ability to reveal unseen ways to build trust, amplify productivity, and empower talent, is unmatched. It's this expertise that equips our customers with the intelligence to solve any challenge in any industry u2014 because great organizations know their workforce is their competitive edge. Learn more at . Equal Opportunity Employer UKG is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, disability, religion, sex, age, national origin, veteran status, genetic information, and other legally protected categories. View The EEO Know Your Rights poster ( UKG participates in E-Verify. View the E-Verify posters here (. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. Disability Accommodation in the Application and Interview Process For individuals with disabilities that need additional assistance at any point in the application and interview process, please email . The pay range for this position is $163,900 to $235,550, however, base pay offered may vary depending on skills, experience, job-related knowledge and location. This position is also eligible for a short-term incentive and a long-term incentive as part of total compensation. Information about UKGu2019s comprehensive benefits can be reviewed on our careers site at is the policy of Ultimate Software to promote and assure equal employment opportunity for all current and prospective Peeps without regard to race, color, religion, sex, age, disability, marital status, familial status, sexual orientation, pregnancy, genetic information, gender identity, gender expression, national origin, ancestry, citizenship status, veteran status, and any other legally protected status entitled to protection under federal, state, or local anti-discrimination laws. This policy governs all matters related to recruitment, advertising, and initial selection of employment. It shall also apply to all other aspects of employment, including, but not limited to, compensation, promotion, demotion, transfer, lay-offs, terminations, leave of absence, and training opportunities.
Created: 2026-01-09