# Papershift

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/papershift

- Industry: Software
- Headquarters: Karlsruhe, Germany
- Website: www.papershift.com
- Latest round: Series A (Jan 5, 2021)
- Investors on record: 1

## About

Papershift GmbH specializes in workforce management solutions, offering online tools for shift scheduling, time tracking, and payroll processing. Their platform enhances operational efficiency for businesses across various industries.Papershift GmbH provides innovative workforce management technology focusing on shift scheduling and time tracking. Founded in Karlsruhe, Germany, in 2015, the company is led by CEO Michael Emaschow, who has previously contributed to other initiatives in the tech space. Papershift successfully secured Series A funding in January 2021 from eCAPITAL to support its growth initiatives, marking a significant step in its operational journey. The company has conducted 1 deal since its inception.Papershift offers a comprehensive suite of online tools for workforce management, including an online shift planner, time tracking capabilities, vacation management, and payroll processing. These tools are designed to support businesses in creating and managing employee schedules efficiently, tracking working hours through various methods, and handling employee absences seamlessly. The platform is tailored to meet the needs of a diverse clientele, including sectors such as hospitality, retail, healthcare, and logistics, enabling organizations to optimize their personnel management processes from any location.Papershift operates on a subscription-based revenue model, offering clients various tiers of service through monthly or annual subscription plans. Customers can select the tools most pertinent to their operations, such as shift planning and time tracking. Collaborations with businesses facilitate customized solutions for different industries, bolstering customer satisfaction and retention. The pricing model accommodates a range of businesses, promoting widespread adoption across sectors like gastronomy and healthcare.Papershift plans to leverage its recent Series A funding, raised in January 2021, to enhance its product offerings and expand into new markets. The company is actively developing new features and tools aimed at streamlining workforce management processes, with planned releases anticipated in the upcoming quarters. Additionally, Papershift aims to penetrate markets outside of Germany, targeting broader European regions for expansion to increase its user base and reach a wider audience.

## Funding rounds

- Series A, Jan 5, 2021 — eCAPITAL

## Investors

- eCAPITAL (https://capitalatlas.ai/funds/ecapital) — Series A