About OnShift
OnShift is a company based in Cleveland (United States) founded in 2008.. OnShift has raised $33.59 million across 6 funding rounds from investors including ShiftKey, Ziegler and W Capital Partners. The company has 191 employees as of December 31, 2022. OnShift offers products and services including Talent Acquisition Software, Workforce Management Software, Payroll and HRIS Software, Engagement and Retention Software, and Reporting and Compliance Software. OnShift operates in a competitive market with competitors including Workday, SuccessFactors, Kronos, Justworks and Sage Group, among others.
- Headquarter Cleveland, United States
- Employees 191 as on 31 Dec, 2022
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Sectors
HealthcareTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Onshift, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$33.59 M (USD)
in 6 rounds
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Latest Funding Round
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Investors
ShiftKey
& 11 more
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Employee Count
191
as on Dec 31, 2022
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Products & Services of OnShift
OnShift offers a comprehensive portfolio of products and services, including Talent Acquisition Software, Workforce Management Software, Payroll and HRIS Software, Engagement and Retention Software, and Reporting and Compliance Software. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
System for applicant tracking and hiring analytics.
Tools for labor management and overtime monitoring.
Solutions for payroll processing and benefits administration.
Platform for staff surveys and performance tracking.
System for overtime tracking and journal reporting.
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Funding Insights of OnShift
OnShift has successfully raised a total of $33.59M across 6 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Last Round
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First Round
First Round
(30 Jan 2012)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Series E - OnShift | Valuation |
investors |
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| Oct, 2018 | Amount | Series D - OnShift | Valuation | Clearlake Capital Group | |
| Apr, 2016 | Amount | Series D - OnShift | Valuation | Health Velocity Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in OnShift
OnShift has secured backing from 12 investors, including institutional and venture fund investors. Prominent investors backing the company include ShiftKey, Ziegler and W Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Lower and mid-market investments are managed through private equity strategies.
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Founded Year | Domain | Location | |
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Healthcare technology sectors are invested in by Health Velocity Capital.
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Founded Year | Domain | Location | |
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US focused early stage VC investments company
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by OnShift
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - OnShift
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Onshift Comparisons
Competitors of OnShift
OnShift operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Workday, SuccessFactors, Kronos, Justworks and Sage Group, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based HR and financial software is delivered to enterprises.
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| domain | founded_year | HQ Location |
Cloud-based human capital management software is delivered globally.
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| domain | founded_year | HQ Location |
HCM software solutions for enterprise workforce management are provided.
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| domain | founded_year | HQ Location |
Benefits administration and payroll management are provided for businesses.
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| domain | founded_year | HQ Location |
Cloud-based accounting and payroll solutions for small and medium businesses
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| domain | founded_year | HQ Location |
Cloud-based payroll and HR solutions are provided for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Onshift
Frequently Asked Questions about OnShift
When was OnShift founded?
OnShift was founded in 2008 and raised its 1st funding round 4 years after it was founded.
Where is OnShift located?
OnShift is headquartered in Cleveland, United States. It is registered at Cleveland, Ohio, United States.
Is OnShift a funded company?
OnShift is a funded company, having raised a total of $33.59M across 6 funding rounds to date. The company's 1st funding round was a Series D of $18.07M, raised on Jan 30, 2012.
How many employees does OnShift have?
As of Dec 31, 2022, the latest employee count at OnShift is 191.
What does OnShift do?
OnShift was founded in 2008 in Cleveland, United States. SaaS-based software for staff scheduling and shift management is offered to the healthcare industry. Overtime and understaffing are predicted and addressed, with reductions in time required for scheduling and open shift management. Full integration is maintained with time-keeping, HR, clinical, and payroll systems, enabling a unified perspective on staffing levels and labor costs across facilities.
Who are the top competitors of OnShift?
OnShift's top competitors include Workday, SuccessFactors and Sage Group.
What products or services does OnShift offer?
OnShift offers Talent Acquisition Software, Workforce Management Software, Payroll and HRIS Software, Engagement and Retention Software, and Reporting and Compliance Software.
Who are OnShift's investors?
OnShift has 12 investors. Key investors include ShiftKey, Ziegler, W Capital Partners, West Capital Advisors, and Draper Triangle.
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