U
Utmost
The first Extended Workforce System, offers solutions for the enterprise and its extended workforce - from temporary workers to consultants, vendors, freelancers, contractors and more - to seamlessly…
About Utmost
Established in 2018, Utmost developed a comprehensive software platform categorized as an Extended Workforce System, designed to modernize how enterprises manage their non-employee talent. The company was founded by a trio of seasoned technology executives: Annrai O’Toole, Dan Beck, and Paddy Benson. Their collective experience, particularly O’Toole and Beck's background as senior product professionals at Workday and Benson's tenure at Groupon, shaped the company's direction. O’Toole is a well-regarded figure in the Irish tech scene, having previously co-founded IONA Technologies and Cape Clear, the latter being acquired by Workday in 2008. This deep expertise in enterprise software and human capital management was pivotal in securing early investor confidence. The company attracted significant venture capital from firms like Greylock Partners, Mosaic Ventures, and Workday Ventures, raising $11.2 million in a Series A round in 2019 and a further $21 million in a Series B round in 2021. In October 2022, Utmost was acquired by Beeline, a prominent technology provider in the global extended workforce management sector.
Utmost operates in the human resources technology market, specifically targeting medium to large enterprises that rely on a significant contingent workforce. The business provides a SaaS platform that allows clients to manage the entire lifecycle of their external workers, including contractors, freelancers, consultants, and vendors. This model addresses a market shift where over 43% of the workforce is now considered "extended," a significant increase from previous decades. The platform offers a single, unified system for sourcing, onboarding, managing, and paying all types of non-employee talent. Revenue is generated through subscription fees for accessing and utilizing the platform's features.
The core offering is a cloud-based Extended Workforce System that acts as a more dynamic alternative to traditional Vendor Management Systems (VMS). A key feature is "Utmost Front Door," which provides a centralized and straightforward portal for hiring managers to request workers, regardless of the sourcing channel. The platform gives companies a consolidated, real-time view of their entire workforce—both internal employees and external talent—by location and reporting structure, without the compliance risks of co-mingling data in core HR systems like Workday or other ERPs. This total talent visibility enables better strategic workforce planning. For workers, the software is designed to give them more control over their own data and a transparent view of their work history. A major technical advantage is "Utmost Connect," a feature offering over 1,000 pre-built connectors to facilitate seamless integration with other third-party and enterprise applications.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Oct 2022 | $0 | — | BEELINE | ↗ |
| SERIES B✓Equity / VC | May 2021 | $21M | $84M | Workday Ventures · Acadian Ventures · Mosaic Ventures · Greylock Partners | — |
Growth signals
Latest recorded traffic for Utmost is 27K monthly website visits, up 3.8% over the last three months. Utmost's team declined 1.9% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A5 investors entered at this stage
Greylock Partners
Workday Ventures
Mosaic Ventures
Acadian Ventures
Alumni Ventures
Other known investors2 additional known investors
BEELINE
Toby Coppel
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Utmost on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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