Absencesoft
Company Insights
Absencesoft, a leading provider of absence management software, was established in 2013. The company has its headquarters in Denver, Colorado, and is dedicated to offering cloud-based, user-friendly solutions for businesses to manage various types of absences, including leaves of absence, time off, and disability claims. Absencesoft’s primary goal is to streamline the absence management process while helping organizations stay compliant with federal and state regulations.
The founders of Absencesoft recognized the need for a comprehensive, easy-to-use absence management software in the market. In response, they built a platform that combines the power of automation and customization to cater to the unique needs of each client. With its robust set of features, Absencesoft enables organizations to track, manage, and report employee absences efficiently, saving both time and resources.
Absencesoft’s software is designed to be flexible and adaptable to various industries, including healthcare, retail, education, and more. The platform’s advanced features, such as customizable leave policies, integration with payroll and HR systems, and real-time analytics, empower businesses to make data-driven decisions while ensuring compliance with applicable laws and regulations. Absencesoft’s commitment to providing an exceptional user experience has earned it a strong reputation in the absence management space.
AbsenceSoft Funding Rounds History
In 2017, Absencesoft raised $1.5 million in a Series A funding round led by Lighter Capital. The funding enabled the company to further develop its software and expand its sales and marketing efforts. Following this successful round, Absencesoft continued to grow its client base and strengthen its position as an industry leader.
As part of its growth strategy, Absencesoft made a significant acquisition in 2018, when it acquired LeaveLogic, a Seattle-based provider of parental leave management solutions. The acquisition allowed Absencesoft to expand its product offerings and better serve the needs of its clients. LeaveLogic’s expertise in parental leave management complemented Absencesoft’s existing solutions, further solidifying the company’s position in the market.
In 2020, Absencesoft received another boost when it raised $4 million in a Series B funding round led by Providence Strategic Growth. This round of funding allowed the company to accelerate its growth plans, invest in product innovation, and expand its team. The additional capital also helped Absencesoft to explore strategic partnerships and acquisitions, further enhancing its product portfolio and market reach.
AbsenceSoft Acquisition
Absencesoft’s impressive growth caught the attention of major industry players, and in 2021, the company was acquired by UKG (Ultimate Kronos Group), a leading provider of workforce management and human capital management solutions. The acquisition enabled UKG to strengthen its absence management capabilities and offer a more comprehensive suite of HR solutions to its customers.
Under the UKG umbrella, Absencesoft continues to thrive, offering its advanced absence management solutions to a growing number of clients. The company’s focus on innovation and customer satisfaction has been the driving force behind its success. Absencesoft’s commitment to delivering exceptional service and solutions ensures it remains a go-to provider for organizations looking to streamline their absence management processes and maintain compliance with complex regulations.
In conclusion, Absencesoft has established itself as a premier provider of absence management software since its inception in 2013. With a strong focus on customer satisfaction and innovation, the company has expanded its product offerings through strategic acquisitions and funding rounds. Absencesoft’s acquisition by UKG in 2021 has further solidified its position in the industry, allowing it to continue delivering advanced solutions and exceptional service to its clients.
AbsenceSoft Leadership & Teams
Mark Schiff – Chief Executive Officer
Jimmy Gulick – Chief Financial Officer
Kelly Wells – Chief Customer Officer
Christian Ellis – Chief Technology Officer
Seth Turner – Chief Strategy Officer
Phillip Hodge – Chief Revenue Officer (CRO)
Kathryn Hilton – Chief Marketing Officer
Jennifer Limon – VP, Industry Solutions
Erika Foss – Vice President Of Professional Services
Ashlee Brennan – Vice President Product Compliance
Josh Happoldt – Vice President of Software Engineering
Geoffrey Simpson – VP of Enterprise Sales
Michael Schwartz – VP of Mid-Market Sales
Steffanie Trumino – Vice President Human Resources
Jessie LaCosta – Vice President of Business Development and Enablement
Headquarters: 14143 Denver West Pkwy Ste 350, Golden, Colorado, 80401, USA
Phone: 866-211-5152
Number of employees: 51-200
Website: www.absencesoft.com