Shyft Technologies

SoftwareSeries ASeattle, USmyshyft.com

Latest round

Series A

Last raised

Aug 2019

Total raised

$8M

Investors

3

About Shyft Technologies

Shyft Technologies Inc.Founded in 2015 in Seattle, US, Shyft Technologies Inc. specializes in workforce management solutions.Shyft Technologies, Inc. specializes in employee scheduling and shift marketplace solutions designed to streamline workforce management for various industries. Their core product offerings include a platform that enables employees to post, swap, and fill shifts seamlessly from any device, thus eliminating the reliance on traditional spreadsheets. The system empowers end-users, primarily hourly workers, to manage their schedules autonomously while keeping managers informed. This functionality caters to sectors such as retail, hospitality, healthcare, and supply chain, serving a diverse customer base of over 2 million hourly workers across North America.Shyft Technologies generates revenue primarily through subscription-based models, offering tiered pricing plans for their scheduling services. Clients typically enter into agreements that allow access to the platform's features, which include automated shift planning and team communication tools. The company emphasizes building robust partnerships with various organizations, ensuring that its services cater to the specific needs of each client. The pricing structure is tailored to accommodate different usage levels and organizational sizes, though specific costs for individual services or products are proprietary.Shyft Technologies aims to enhance its product offerings and expand its market presence. They are currently designing new features for their scheduling platform, with plans to launch updates in the upcoming year. The company targets expansion into additional geographic regions within North America, aiming for completion by the end of the next fiscal year.

Who invested in Shyft Technologies

3 investors across 3 rounds

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Funding rounds

  1. Series A

    Aug 26, 2019

    Amount

    Undisclosed

    Investors

    Locked

  2. Series A

    Nov 15, 2018

    Amount

    $6.5M

    Investors

    Locked

  3. Seed

    Jul 13, 2016

    Amount

    $1.5M

    Investors

    Locked

Questions about Shyft Technologies

Who invested in Shyft Technologies?

Shyft Technologies has 3 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Shyft Technologies raised?

Shyft Technologies has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Shyft Technologies last raise money?

Shyft Technologies's most recent round on record is a Series A, in Aug 2019.

What does Shyft Technologies do?

Shyft Technologies is a software company.

Where is Shyft Technologies headquartered?

Shyft Technologies is headquartered in Seattle, US.

Which VCs invest in companies like Shyft Technologies?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Shyft Technologies's stage. Their profiles are linked below.

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