7shifts, a Saskatoon and Toronto, Canada-based labor management platform for restaurants, raised an additional $6m in growth equity funding.
The round was led by existing investor Napier Park Financial Partners, with participation from returning investor Relay Ventures and new investor Conexus Credit Union.
The company intends to use the funds to accelerate adoption of its proprietary labor management software and expand North American restaurant footprint.
Founded in in 2014 and led by CEO Jordan Boesch, 7shifts provides labor management software to improve the operations of restaurants of all sizes – from independent to national brands – by simplifying team scheduling, labor budgeting, communication, and compliance.
This latest funding comes 9 months after the company completed its Series A in January 2019, bringing the total capital raised to $17.4m in the year to-date.
Today, 7shifts schedules over 7 million shifts per month.
FinSMEs
01/10/2019