Utmost raises $21 million to expand its Workday-centric extended workforce system/VMS

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Utmost, an extended workforce system and VMS provider with native integration to Workday,announced a $21 millionSeries B round of funding. The round was led by Mosaic Ventures with participation by existing investors, Greylock Partners and Workday Ventures, and by new investors, Acadian Ventures and Alumni Ventures Group. The new funds “will accelerate product innovation and expand Utmost’s presence across North America and Europe,” the announcement said.

According to the announcement, the Utmost Extended Workforce System “through its native integration to Workday and a talent-centric approach to the extended workforce, delivers comprehensive visibility into all categories of workers beyond what traditional legacy vendor management systems (VMS) can offer.”

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Utmost CEO, Annrai O’Toole said in the press release, “We are starting to replace 20-year-old vendor management systems with a cloud-native, worker-friendly, enterprise-ready extended workforce system to enable our customers to manage their total workforce. This funding is an important milestone on our journey to make even more customers successful.”

“Utmost is rapidly increasing customer adoption among Fortune 1000 customers such as Ecolab, NortonLifeLock, and Colonial Life,” the company reported. And its international team has grown to over 50 employees and nearly 20 extended workers since 2018.

最大的解决方案根据工作日集成提供了一系列独特的功能。例如,业务用户可以利用集成的工作日HCM和最大组织结构,使他们能够在企业组织图表中查看员工和非员工工作人员。

引用了人力资源,全球人才队伍劳动力解决方案,在ecolab(工作日和最大客户)中的人力资源,杰森格罗茨副总裁︰“与工作日融合至关重要,对我们的经理和工人创造有凝聚力的经验。我们现在可以充分了解和控制更多地理位置,以最大的地理位置,以一种无缝连接的工作日。“

萨拉郭,格雷克洛克的普通合伙人报价如此:“首席执行官,克罗斯和氟氯烃领导人面临前所未有的挑战,因为他们设计了在今天不确定的商业环境中竞争的新员工战略。”她补充说,企业“看到他们的遗产供应商管理系统可以提供的差距和他们所需的敏捷扩展员工管理解决方案之间的差距。”

花了很重要最重要的是自2019年以来。我们一直在分析VMS解决方案的演变和对解决企业提供更多功能的解决方案的演变,以更广泛地来源和管理所有外部工人和服务,并解决新的员工用例。阅读更多关于Out Perspective,阅读“VM的五种场景2025:方案3 - 扩展员工崛起。“

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