What is OnShift?
Founded in 2007 and headquartered in Cleveland, Ohio, OnShift specializes in delivering automated scheduling, labor cost management, overtime prevention, and employee communication tools tailored for long-term healthcare facilities across the United States. The company's platform addresses critical operational challenges faced by healthcare providers, aiming to improve efficiency and staff engagement. OnShift's solutions are designed to streamline workforce management, a key concern for facilities striving to optimize operations and patient care.
How much funding has OnShift raised?
OnShift has raised a total of $30.8M across 6 funding rounds:
Other Financing Round
$150K
Other Financing Round
$350K
Series A
$2.3M
Series B
$3M
Series C
$7M
Series D
$18M
Other Financing Round (2008): $150K with participation from Flashstarts
Other Financing Round (2009): $350K led by JumpStart
Series A (2010): $2.3M supported by North Coast Angel Fund, Draper Triangle, JumpStart, and Early Stage Partners
Series B (2012): $3M featuring Draper Triangle Ventures and Early Stage Partners
Series C (2014): $7M backed by West Capital Advisors and HLM Venture Partners
Series D (2016): $18M with participation from HLM Venture Partners, Draper Triangle Ventures, Early Stage Partners, Fifth Third Capital, West Capital Advisors, and North Coast Angel Fund
Key Investors in OnShift
North Coast Angel Fund
North Coast Ventures is an investment firm that focuses on early-stage entrepreneurs, particularly in the SaaS sector. They provide access to intellectual capital through a member network and facilitate connections with corporate decision makers.
Draper Triangle
Draper Triangle I Venture Capital is a Pittsburgh-based venture capital firm that focuses on providing early-stage funding to extraordinary entrepreneurs in the Midwest. With over 20 years of experience, the firm has raised and deployed $205 million across three funds.
JumpStart
JumpStart Inc. is a venture development organization providing capital, services and connections to help entrepreneurs grow, researchers commercialize and corporations innovate. Our mission is to unlock the full potential of entrepreneurship to transform entire communities.
What's next for OnShift?
With the recent influx of capital, OnShift is strategically positioned to further develop its technology and expand its market reach. The company's focus on the healthcare sector, particularly long-term care, aligns with growing industry needs for efficient workforce management solutions. Future initiatives are likely to involve enhancing platform capabilities, exploring new service integrations, and potentially expanding into adjacent healthcare markets. This sustained investment underscores OnShift's commitment to innovation and its ambition to solidify its leadership in healthcare workforce technology.
See full OnShift company page
