Jacksonville-based Beeline, a vendor management system provider, announced Wednesday it acquired Utmost, a firm that specializes in providing clients with insights into their workforces.
With Utmost, Beeline will enable companies to access talent insights across their workforce of employees and non-employees and will advance its vision of bringing solutions that tailor to the needs of every participant in the extended workforce process under one platform, according to a statement from the company.
“The future of work is powered by technology that unlocks the potential of every worker, regardless of classification,” Beeline CEO Doug Leeby said. “We have a disciplined history of only acquiring companies that are rightful technology leaders that will deliver further value to our customers. The Utmost acquisition is particularly exciting in that it complements and accelerates our strategic roadmap and delivers clever and unique solutions to our customers on day one.”
Founded and created by two former senior Workday product professionals, the Utmost technology allows customers to view, in real time and in aggregate, both employee and non-employee workforces by location and reporting structure.
The acquisition of Utmost will also allow smaller and mid-size companies to better customize the management of their extended workforces as well as allow enterprises and partners to tailor contingent workforce management for internal divisions and new markets, according to the statement.
"Beeline shares our vision of using technology to bring extended workforce management to every level of the organization and value to every stakeholder of the contingent workforce ecosystem,” said Utmost CEO and co-founder Annrai O’Toole. “Beeline’s innovation is not only centered on current workforce challenges but is driving the optimization of tomorrow’s workforce.”
Utmost was founded in 2018 by Annrai O’Toole and Dan Beck, former Workday product professionals, and Paddy Benson, formerly with Groupon. Utmost has offices in San Francisco and Dublin, Ireland. In May 2021, it announced a $21 million series B funding round.
Terms of Beeline's acquisition were not disclosed.
Utmost is the latest acquisition in Beeline’s mission to deliver total workforce optimization to organizations around the world. In 2021, Beeline acquired JoinedUp to help companies capture and manage shift-based, high-volume labor.
