# Shiftsmart

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

- Industry: Software
- Headquarters: Dallas, US
- Website: www.shiftsmart.com
- Total disclosed funding: $108M
- Latest round: Series B (Nov 12, 2021)
- Investors on record: 9

## About

Founded in 2015 by Aakash Kumar and based in Texas, US, Shiftsmart, Inc. operates as a provider of a labor-management platform that connects the workforce to companies through the internet. In November 2021. Shiftsmart, Inc. raised USD 95 million in series B funding led by new investor D1 Capital Partners, with participation from other new investors Imaginary Ventures, OakRidge Management Group, and S12F. Returning investor Spieker Partners.

Shiftsmart develops a platform that pairs core workforce management software with a network of workers, creating a labor marketplace that matches hourly workers with open shifts across a variety of industry verticals and roles. The platform allows workers to control their own schedules; screen, train, and prepare workers for the onboarding process; and organizes the reporting and analytics and performance management functions.

Shiftsmart, Inc. plans to use the funding scaling its verticals, which include audits and contracts, retail and global logistics, and launching new verticals like healthcare.

## Funding rounds

- Series B, Nov 12, 2021, $92M — Imaginary Ventures, D1 Capital Partners, S12F, OakRidge Management Group, Spieker Partners
- Series A, Jan 31, 2020, $3.6M — Softbank Capital, WeWork Companies Inc., Perot Jain, Hall Group, Spieker Partners
- Series A, Nov 14, 2019, $6.8M — Softbank Capital, WeWork Companies Inc., Perot Jain, Hall Group, Spieker Partners
- Series A, Aug 29, 2019, $6M — Softbank Capital, WeWork Companies Inc., Perot Jain, Hall Group, Spieker Partners

## Investors

- Softbank Capital (https://capitalatlas.ai/funds/softbank-capital) — Series A
- WeWork Companies Inc. — Series A
- Perot Jain (https://capitalatlas.ai/funds/perot-jain) — Series A
- Hall Group — Series A
- Spieker Partners (https://capitalatlas.ai/funds/spieker-partners) — Series A, Series B
- Imaginary Ventures (https://capitalatlas.ai/funds/imaginary-ventures) — Series B
- D1 Capital Partners (https://capitalatlas.ai/funds/d1-capital-partners) — Series B
- S12F (https://capitalatlas.ai/funds/s12f) — Series B
- OakRidge Management Group (https://capitalatlas.ai/funds/oakridge-management-group) — Series B