SAN FRANCISCO (Reuters) – Contractor pay and benefits app maker Utmost said on Tuesday it raised $11.2 million in a funding round led by venture capital firm Greylock Partners, the latest sign of Silicon Valley’s interest in building management tools for the gig economy.
The Utmost platform currently focuses on helping large companies manage contract workers. The app helps facilitate several human resources (HR) services, such as on-boarding, pay and benefits.