Shiftsmart

Shiftsmart

Connects workers with flexible job opportunities

About

Shiftsmart connects workers with flexible job opportunities in the gig economy, primarily serving large brands, government agencies, and nonprofit organizations. Its platform allows businesses to post shift requirements, which workers can browse and select based on their availability. This system is especially useful for industries like retail, hospitality, and customer service that need a flexible workforce. Shiftsmart generates revenue by charging businesses a fee for platform usage, which can be subscription-based or per-shift. The company also offers additional services like workforce management tools and compliance audits. A notable aspect of Shiftsmart is its "Get Shift Done" initiative, which has provided significant volunteer support to nonprofits, helping stabilize wages and assist food-insecure families. The goal of Shiftsmart is to create an efficient and scalable workforce solution that benefits both businesses and workers.

Company Stage

Series B

Employees

1,001-5,000

Industries

Consulting, Social Impact

Total Funding

$114.3M

Headquarters

New York City, New York

Founded

2015


Simplify Jobs

Simplify's Take

What believers are saying

  • Raised $95M in Series B funding, boosting growth and technological advancements.
  • Named Best Innovative Tech Solution in 2022 HR Tech Awards, enhancing credibility.
  • Increased demand for flexible work arrangements drives growth in gig economy platforms.

What critics are saying

  • Faces competition from platforms like Uber Works and Wonolo, expanding their services.
  • Potential regulatory challenges due to scrutiny on worker classification and benefits.
  • Rising operational costs from inflation and demand for higher wages may impact profitability.

What makes Shiftsmart unique

  • Shiftsmart connects part-time workers with shifts across multiple platforms, enhancing flexibility.
  • The platform serves large brands, government agencies, and nonprofits, offering scalable workforce solutions.
  • Shiftsmart's 'Get Shift Done' initiative supports nonprofits, providing over 500,000 hours of work.

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Growth & Insights
Headcount

6 month growth

14%

1 year growth

27%

2 year growth

66%

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