Firm News

NCV expands the 'Next Coast' reach as former Ultimate Software CEO Adam Rogers joins our Entrepreneurs Council

Next Coast Ventures
August 27, 2020
December 22, 2021

We are thrilled to be partnering with successful entrepreneur Adam Rogers as he joins our Entrepreneurs Council. Since day one, NCV has been ‘built by entrepreneurs for entrepreneurs’ and the Entrepreneurs Council is a direct result of that mission. Our Entrepreneurs Council is made up of carefully chosen experts, with a wide array of entrepreneurial backgrounds and industry verticals, all sharing one thing in common: they are all thought leaders and pillars of the entrepreneurial community. As a member of the Council, Adam will provide invaluable experience to our portfolio companies and will help us expand our footprint in ‘Next Coast’ markets.

Adam is the former CTO and CEO of the leading global provider of cloud-based human capital management (HCM), Ultimate Software (Nasdaq: ULTI). Rogers joined Ultimate in 1997 as its first intern but quickly became an integral part of growing the company. As CTO, Adam and his team created the first enterprise SaaS solution, UltiPro, an award-winning HCM product with exciting new advancements like AI, Machine Learning, predictive and prescriptive analytics, Natural Language Processing, and mobile technologies. As CEO, he helped Ultimate Software scale to over $1.4B in revenue and guided an $11B take-private deal by Hellman & Friedman as well as a $22B merger one year later. In his last year as CEO, Ultimate Software was ranked #2 on Fortune’s 100 Best Companies to Work For.

From our Managing Director and co-Founder Mike Smerklo

“Having the opportunity to leverage Adam’s deep technical, product development, engineering management and go-to-market experience at scale will be extremely useful to our entrepreneurs. Adam is another example of an incredible caliber of resource that we are able to offer to our portfolio company leadership.”

From our Managing Director and co-Founder Tom Ball

“Adam has successfully scaled a massive business in Florida. His career experience and having graduated from the University of Florida, give Adam deep connections in the technology community in the state and other Next Coast markets. Adam strengthens our ability to source great entrepreneurs outside the traditional technology markets, and we are very excited to work with him to identify and invest in great entrepreneurs in Next Coast markets.”

The Entrepreneurs Council is augmented by our Entrepreneurs Fund, which consists of approximately 150 entrepreneurs and executives who are invested in building companies in Next Coast markets. Together, the NCV Entrepreneurs Council and Entrepreneurs Fund provide a tremendous network of advisors and resources for our entrepreneurs.

Welcome to the team, Adam!

Next Coast Ventures

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