Overview

Skello provides a software platform for workforce management that helps businesses manage employee scheduling, time tracking, payroll calculations, and human resources tasks. The platform is particularly useful for industries with complex scheduling needs, such as restaurants, retail, and healthcare. It allows managers and employees to easily communicate and coordinate schedules, which is especially beneficial for shift-based work and part-time employees. Skello operates on a subscription model, ensuring a consistent revenue stream while allowing for ongoing improvements to the service. With a high customer satisfaction rating of 4.5 out of 5 based on over 2,000 reviews, Skello stands out for its user-friendly and collaborative approach to workforce management.

Simplify's Take

What believers are saying

• Integration with AI-driven analytics enhances scheduling accuracy and efficiency.
• Demand for flexible scheduling solutions is rising with remote and hybrid work models.
• Mobile-first applications in workforce management increase user engagement and accessibility.

What critics are saying

• Emerging platforms with similar features at lower costs increase competition.
• Rapid technological advancements require continuous platform updates, straining resources.
• Stricter data privacy regulations necessitate increased investment in compliance measures.

What makes Skello unique

• Skello offers real-time management indicators like payroll and productivity.
• The platform is user-friendly, facilitating seamless communication and coordination.
• Skello's high customer satisfaction is reflected in its 4.5/5 rating from 2,000 reviews.

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Funding

Total Funding

$51M

Meets

Industry Average

Funded Over

3 Rounds

$44,000,000

Series B

Sep 2021

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.

Series B Funding Comparison

Above Average

Industry standards

Ind Avg. $35M

$4M

$30M

$44M

$45M

$65M

$100M

View all funding stages