7shifts, a Canadian team management platform for restaurants, raised $80 million in Series C funding round led by SoftBank Vision Fund 2, with participation from existing investors Ten Coves Capital and Enlightened Hospitality Investments.
The company will use the funding to double the size of its team and continue to build products for the employee lifecycle, which will enable restaurant operators to connect all aspects of their HR processes − from hiring, onboarding, training, scheduling, and paying, to retaining.
Company: 7shifts Inc.
Raised: $80.0M
Round: Series C
Funding Month: February 2022
Lead Investors: SoftBank Vision Fund 2
Additional Investors: Ten Coves Capital and Enlightened Hospitality Investments
Company Website: https://www.7shifts.com/
Software Category: Employee Scheduling Software
About the Company: Founded in Saskatoon, Canada, in 2014, with offices in Toronto and New Jersey. Led by Jordan Boesch, CEO, 7shifts is an end-to-end technology platform built for restaurants to simplify team management. From scheduling to team communication, task management, and tip pooling, 7shifts’ platform drives operational efficiency and team engagement, making it simple to receive schedules, trade shifts, and manage tasks. It is used by more than 650,000 restaurant pros across 27,000 locations around the world.
Source: https://www.finsmes.com/2022/02/7shifts-raises-80m-in-series-c-funding.html https://www.7shifts.com/blog/7shift-series-c-funding-announcement/?content_source=site-banner