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About Shiftsmart
Industries
Consulting
Social Impact
Company Size
1,001-5,000
Company Stage
Series B
Total Funding
$114.3M
Headquarters
New York City, New York
Founded
2015
Overview
Shiftsmart connects workers with flexible job opportunities in the gig economy, serving large brands, government agencies, and nonprofits. Its platform allows businesses to post shifts that workers can pick up based on their availability, making it suitable for industries like retail and hospitality. Shiftsmart generates revenue by charging businesses for platform usage and offers additional services like workforce management tools. The company's goal is to create a more efficient labor market while supporting nonprofits through initiatives like "Get Shift Done."
Simplify's Take
What believers are saying
- Shiftsmart raised $95M in Series B funding, boosting its growth potential.
- The rise of remote work technology expands Shiftsmart's reach and job diversity.
- Increased demand for flexible work arrangements drives growth in gig economy platforms like Shiftsmart.
What critics are saying
- Increased competition from platforms like Uber Works and Wonolo threatens Shiftsmart's market share.
- Potential regulatory challenges could increase operational costs for Shiftsmart.
- Economic downturns may reduce business spending on temporary labor, affecting Shiftsmart's revenue.
What makes Shiftsmart unique
- Shiftsmart connects part-time workers with open shifts across multiple platforms.
- The platform offers flexible job opportunities for large brands, government agencies, and nonprofits.
- Shiftsmart's digital platform acts as a marketplace for shifts, enhancing workforce management.
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Funding
Total Funding
$114.3M
Above
Industry Average
Funded Over
3 Rounds
Industry standards
Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
Parental Leave
Unlimited Paid Time Off
Flexible Work Hours
Pre-tax Commuter Benefits
Growth & Insights and Company News
6 month growth
↑ 3%1 year growth
↑ 1%2 year growth
↑ 2%Shiftsmart Secures $95M Series B Round Back to HomeNEW YORK, NY, Shiftsmart, the leading labor management platform serving the modern workforce, announced today that it raised $95 million in a Series B round of financing. D1 Capital Partners led the round with participation from Imaginary Ventures, Spieker Partners, and S12F, alongside several industry executives and institutions. Shiftsmart is an online marketplace built on pioneering technology that connects today's dynamic workforce with companies facing increasingly complex staffing requirements. By empowering workers with more hours, better pay, and greater opportunity, Shiftsmart creates a mutually beneficial labor ecosystem for individuals and organizations alike. (c)2011-2020 by Massinvestor, Inc. For contact info, please check out our about page.
Shiftsmart has been named the Best Innovative Tech Solution in the Core Workforce/HR category in the 2022 HR Tech Awards.
Shiftsmart has raised $95 million in Series B funding led by D1 Capital Partners, with participation from Imaginary Ventures, Spieker Partners and S12F, among other investors.
Shiftsmart Secures $95M Series B Round Back to HomeNEW YORK, NY, Shiftsmart, the leading labor management platform serving the modern workforce, announced today that it raised $95 million in a Series B round of financing. D1 Capital Partners led the round with participation from Imaginary Ventures, Spieker Partners, and S12F, alongside several industry executives and institutions. Shiftsmart is an online marketplace built on pioneering technology that connects today's dynamic workforce with companies facing increasingly complex staffing requirements. By empowering workers with more hours, better pay, and greater opportunity, Shiftsmart creates a mutually beneficial labor ecosystem for individuals and organizations alike. (c)2011-2020 by Massinvestor, Inc. For contact info, please check out our about page.
Shiftsmart, a Dallas-based tech startup that connects shift workers with employers, has raised $95 million in a new funding round.
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About Shiftsmart
Industries
Consulting
Social Impact
Company Size
1,001-5,000
Company Stage
Series B
Total Funding
$114.3M
Headquarters
New York City, New York
Founded
2015
Shiftsmart is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today