Shift One
Latest round
- Seed
Last raised
- Feb 2019
Total raised
- $4.9M
Investors
- 4
About Shift One
Shift One Inc.Founded in 2015 in Arlington, US, Shift One Inc. focuses on providing technology solutions tailored for the hospitality industry. The company was co-founded by Ashish Gambhir and Kam Desai, who have significant experience in developing operational efficiencies in service-oriented businesses.Shift One provides a comprehensive suite of solutions designed to address the high turnover rates prevalent in America’s hourly workforce. Its core offerings include a mobile platform that integrates various performance and scheduling data sources, such as Point of Sale (PoS) systems and guest reviews, to enhance employee engagement through gamification and recognition. The platform employs proprietary game mechanics, such as daily missions and leaderboards, to foster a competitive spirit among team members, ultimately aiming to boost critical business metrics, including Per Person Average Sales by 4-15%.Shift One's revenue model is based on subscription services tailored to businesses within the hospitality sector, enabling direct engagement with their hourly employees. Clients typically subscribe to access the Shift One platform, which allows for real-time performance tracking and recognition capabilities. This subscription structure supports B2B transactions, focusing on partnerships with restaurant chains and franchisees that require robust employee engagement solutions. The platform's effectiveness is illustrated through the substantial performance gains reported by users, such as a 20% increase in sales for the "Perfect Margarita" at Applebee's.Shift One Inc. The company is in the process of developing new features for its platform that are expected to be launched in the coming quarters. Additionally, Shift One plans to explore expansion into new geographic regions, specifically targeting markets outside the US by 2020.
Who invested in Shift One
4 investors across 2 rounds
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Questions about Shift One
Who invested in Shift One?
Shift One has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Shift One raised?
Shift One has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Shift One last raise money?
Shift One's most recent round on record is a Seed, in Feb 2019.
What does Shift One do?
Shift One is a software company.
Where is Shift One headquartered?
Shift One is headquartered in Arlington, US.
Which VCs invest in companies like Shift One?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Shift One's stage. Their profiles are linked below.
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