7shifts, a Saskatoon, Canada-based labor management platform for restaurants, raised $21.5m in Series B funding.
The round was led by Enlightened Hospitality Investments (EHI), the growth equity fund affiliated with Union Square Hospitality Group (USHG), with participation from existing investors Ten Coves Capital, Relay Ventures, and Conexus Venture Capital.
The company intends to use the funds to continue scaling its team and expand its product offering, including deepening its capabilities in the core areas of scheduling and employee communication, accelerating technology integrations to provide a more holistic view of one’s business, and rolling out the next generation of tools purpose-built for restaurateurs and their teams.
Founded in 2014 and led by Jordan Boesch, CEO, 7shifts provides a labor management platform used by over 500,000 restaurant pros across North America, Europe, the Middle East and Australia. 7shifts’ network now comprises more than 500,000 restaurant professionals across 18,000 locations around the world.
The company also has offices in Toronto and New Jersey.
FinSMEs
27/05/2021