Utmost Announces Strategic Investment from Workday Ventures

Utmost Joins the Workday Software Partner Program.

San Francisco, Calif., Oct. 8, 2019Utmost, the first Extended Workforce System, today announced a strategic investment from Workday Ventures. In addition, Utmost announced it has joined the Workday Software Partner Program and is building its application natively on the Workday Cloud Platform.

Utmost, whose co-founders include Workday alumni, Annrai O’Toole and Dan Beck, as well as Paddy Benson, formerly with Groupon, is committed to recognizing the full continuum of talent – including temporary workers, consultants, contractors, and freelancers – so organizations can fully realize the potential of their workforce. With Utmost, organizations can engage their extended workforce, ensure compliance with corporate policies, improve the manager and worker experience through intuitive workflows, and better manage extended workforce spend.

“We are thrilled to have received a strategic investment from Workday Ventures and to have joined the Workday Software Partner Program,” said Annrai O’Toole, CEO and Co-Founder, Utmost. “By integrating with Workday, we will help create a native experience that will support companies engaging their extended workforce directly from Workday.”

“Like Workday, Utmost is focused on delivering innovative solutions designed to help customers manage their changing workforce composition,” said Leighanne Levensaler, senior vice president, corporate strategy, Workday, and managing director and co-head, Workday Ventures. “With Utmost as a Workday Software Partner, we will help equip enterprises with better visibility into the dynamics and cost of their extended workforce.”

About Utmost

Utmost is a software company that built the first Extended Workforce System which helps enterprises engage their contingent workers, freelancers, contractors, temps, outsourced resources, and consultants. With Utmost, enterprises gain full visibility into their extended workforce which enables data-driven decisions across HR, Procurement, Finance, IT and lines of business.The software enhances the productivity of extended workers, hiring managers, HR partners and staffing firms all while ensuring compliance. For the extended workforce, Utmost offers better transparency, improved experience, and direct solutions for them to more effectively participate in the new world of work.

Utmost was founded in 2018 by former Workday executives, Annrai O’Toole and Dan Beck and former Groupon CTO EMEA Paddy Benson and is backed by Greylock Partners and Workday Ventures.

About Workday Ventures

Workday Ventures is the strategic investment arm of Workday, Inc., focused on accelerating the growth of emerging enterprise software companies that enhance the Workday customer experience and are complementary to Workday products and services. The $250 million fund was launched in February 2018 with investments in companies focused on areas such as machine learning, employee enablement, data and analytics, and robotic process automation.

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