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 access, 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 over 500,000 hours of work to nonprofits, helping stabilize wages and support food-insecure families. The goal of Shiftsmart is to create a more efficient and flexible labor market while empowering workers to have control over their schedules.

Simplify's Take

What believers are saying

• Securing $95M in Series B funding indicates strong investor confidence and provides substantial capital for growth and innovation.
• Recognition in prestigious awards such as the Deloitte Technology Fast 500 and HR Tech Awards highlights Shiftsmart's industry leadership and innovative capabilities.
• The platform's ability to empower workers with better pay and more hours fosters a positive work environment, potentially leading to higher worker retention and satisfaction.

What critics are saying

• The gig economy is highly competitive, with numerous platforms vying for market share, which could impact Shiftsmart's growth.
• Reliance on large brands and government agencies may expose the company to economic fluctuations and changes in public policy.

What makes Shiftsmart unique

• Shiftsmart's platform uniquely focuses on providing flexible job opportunities, catering specifically to industries requiring scalable workforces like retail and hospitality.
• The company's dual revenue model, offering both subscription-based and per-shift fees, provides flexibility for businesses of varying sizes and needs.
• Shiftsmart's significant social contributions through initiatives like 'Get Shift Done' set it apart by combining business success with social impact.

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