7shifts - About the company
7shifts is a series C company based in Regina (Canada), founded in 2011. It operates as a Restaurant management platform for scheduling, payroll, and team engagement. 7shifts has raised $128M in funding from investors like Napier Park Global Capital, Tandem Capital and SoftBank Vision Fund, with a current valuation of $*****. The company has 559 active competitors, including 46 funded and 50 that have exited. Its top competitors include companies like Harri, Shiftboard and Planday.
Company Details
Restaurant management platform for scheduling, payroll, and team engagement. It is a SaaS platform designed to streamline restaurant operations, focusing on scheduling, time clocking, tip management, and payroll. The platform offers tools for team engagement, task management, and communication, aiming to reduce turnover and improve employee satisfaction. It provides features for labor compliance, document storage, and performance management. The platform caters to various restaurant types, including quick service, full service, cafes, bars, pizzerias, and franchises. It offers resources like templates, guides, and a podcast to help restaurants run efficiently. The platform provides integrations, labor cost calculators, and ROI calculators. It is a cloud-based solution that helps restaurants manage their teams, optimize labor costs, and improve overall performance.
- Website
- www.7shifts.com/
- Registered Address
- 3330 College Avenue, Regina
Key Metrics
Founded Year
2011
Location
Regina, Canada
Stage
Series C
Total Funding
$128M in 9 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jan 13, 2025
Investors
Ranked
3rd among 559 active competitors
Employee Count
315 as on May 31, 2026
Legal entities associated with 7shifts
7shifts is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
7shifts Employee Scheduling Software Inc. CIN: 871339-1 , Canada, Active | Dec 02, 2013 | - | - | - |
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7shifts's funding and investors
7shifts has raised a total funding of $128M over 9 rounds. Its first funding round was on 2015. Its latest funding round was a Series C round on Dec 01, 2024 for $*****. 3 investors participated in its latest round. 7shifts has 13 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of 7shifts:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 01, 2024 | 4715495 | Series C | 6323930 | 3974485 | 7486926 | 6376006 |
Feb 10, 2022 | 5257361 | Series C | 4797349 | 7269792 | 7031922 | |
May 25, 2021 | 7714975 | Series B | 4295281 | 3468493 |
View details of 7shifts's funding rounds and investors
7shifts' founders and board of directors
Founder? Claim Profile7shifts' employee count trend
7shifts has 315 employees as of May 26. Here is 7shifts's employee count trend over the years:
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7shifts's Competitors and alternates
Top competitors of 7shifts include Harri, Shiftboard and Planday. Here is the list of Top 10 competitors of 7shifts, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Harri 2012, New York City (United States), Series B | Provider of workforce management platform for the hospitality service industries | $76M | 76/100 | |
2nd | Shiftboard 2002, Seattle (United States), Acquired | Cloud-based workforce shift scheduling software | $17.4M | 68/100 | |
3rd | Restaurant management platform for scheduling, payroll, and team engagement | $128M | 67/100 | ||
4th | Workforce Scheduling & HR solution provider | $73.1M | 63/100 | ||
5th | Jolt 2012, Lehi (United States), Series B | Provider of operations management software for restaurants and other businesses | $28.8M | 63/100 | |
6th | OnShift 2008, Cleveland (United States), Series E | SaaS based staff scheduling and shift management software for the healthcare industry | $33.6M | 63/100 | |
7th | Skedulo 2013, United Kingdom, Series C | Field workforce management software | $255M | 59/100 | |
8th | Humanity 2013, San Francisco (United States), Acquired | Cloud-based workforce management platform | $12.2M | 56/100 | |
9th | SaaS-based shift-planning and payroll application | $13.8M | 56/100 | ||
10th | RotaGeek 2009, London (United Kingdom), Series B | Cloud-based employee scheduling software solutions | $17.2M | 54/100 |
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7shifts's Investments and acquisitions
7shifts has made no investments or acquisitions yet.
News related to 7shifts
Media has covered 7shifts for a total of 2 events in the last 1 year, 2 of them have been about company updates.
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Bites and 7shifts Announce Strategic Partnership to Revolutionize Restaurant Employee TrainingBusinessnewsthisweek•Nov 08, 2023•Bites, 7shifts
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Ten Coves Capital Announces The Promotions Of Steven Lula To Partner And Kyle Kruse To Vice PresidentWebDisclosure•Feb 09, 2023•Ten Coves Capital, 7shifts, Canopy, Corpay and 13 others
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