About Shift Now
Shift Now is a company based in Greensboro (United States) founded in 2006 was acquired by XSport Global in October 2018.. Shift Now has raised $950 thousand across 2 funding rounds from investors including XSport Global. Shift Now offers products and services including ShiftNOW App and Workforce Management Platform. Shift Now operates in a competitive market with competitors including Townsquare Media, Tinuiti, AKQA, Prophet and Advantage Solutions, among others.
- Headquarter Greensboro, United States
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Sectors
Business Services
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Phone
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$950 K (USD)
in 2 rounds
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Latest Funding Round
$650 K (USD), Seed
Feb 21, 2024
- Investors
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Employee Count
Employee Count
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Acquired by
XSport Global
(Oct 03, 2018)
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Products & Services of Shift Now
Shift Now offers a comprehensive portfolio of products and services, including ShiftNOW App and Workforce Management Platform. 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.
App for workers to find and apply to flexible hospitality shifts.
Platform for businesses to post shifts and hire vetted workers.
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Funding Insights of Shift Now
Shift Now has successfully raised a total of $950K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $650 thousand completed in February 2024. 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 2
- Last Round Seed — $650,000
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First Round
First Round
(18 Nov 2022)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Seed - Shift Now | Valuation |
investors |
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| Nov, 2022 | Amount | Seed - Shift Now | Valuation |
investors |
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| 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 Shift Now
Shift Now has secured backing from 1 investor. Prominent investors backing the company include XSport Global. 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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Develops sports technologies for fan engagement, training, and media worldwide.
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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 Shift Now
| 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 - Shift Now
| 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 |
Shift Now Comparisons
Competitors of Shift Now
Shift Now 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 Townsquare Media, Tinuiti, AKQA, Prophet and Advantage Solutions, 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 |
Media Company focused on radio broadcasting, live events, marketing solutions
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| domain | founded_year | HQ Location |
Digital marketing services including paid search and e-commerce are provided.
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| domain | founded_year | HQ Location |
Integrated digital marketing campaigns are developed and executed across channels.
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| domain | founded_year | HQ Location |
Brand and marketing consulting solutions provider
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| domain | founded_year | HQ Location |
Consumer packaged goods sales and digital marketing services are provided.
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| domain | founded_year | HQ Location |
Advertising and marketing services are delivered globally by Interpublic.
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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 Shift Now
Frequently Asked Questions about Shift Now
When was Shift Now founded?
Shift Now was founded in 2006 and raised its 1st funding round 16 years after it was founded.
Where is Shift Now located?
Shift Now is headquartered in Greensboro, United States. It is registered at Greensboro, North Carolina, United States.
Is Shift Now a funded company?
Shift Now is a funded company, having raised a total of $950K across 2 funding rounds to date. The company's 1st funding round was a Seed of $300K, raised on Nov 18, 2022.
What does Shift Now do?
Shift Now was founded in 2006 and is based in Greensboro, United States. Operations focus on the marketing sector, where social media marketing, branding strategies, advertising campaigns, and direct marketing solutions are provided to clients. Services are tailored for businesses seeking targeted outreach and visibility enhancement, with activities centered in the North American market. Core functions include campaign development and execution across digital and traditional channels.
Who are the top competitors of Shift Now?
Shift Now's top competitors include S⁴Capital, Townsquare Media and Tinuiti.
What products or services does Shift Now offer?
Shift Now offers ShiftNOW App and Workforce Management Platform.
Who are Shift Now's investors?
Shift Now has 1 investor. Key investors include XSport Global.
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