About SnapShyft
SnapShyft is a Consumer company based in Indianapolis (United States) founded in 2016 by Thor Wood. On-demand staffing solutions are offered for multiple industries. It operates in the Consumer and Technology sectors. SnapShyft has raised $295 thousand across 3 funding rounds from investors including Gener8tor and 500 Global. Its chief executive, as recorded, is Thor Wood. Its focus areas include Food and Agriculture Tech, Food Tech, Technology Enablers and Restaurants. Its legal entity is Avail Productivity Systems, Inc., d/b/a SNAPSHYFT. Its competitors include Instawork, Wonolo and Traba; 3 of its 3 listed competitors have raised funding.
Company details
SnapShyft was founded in 2016 and is headquartered in Indianapolis, United States. An on-demand staffing platform is operated to connect workers with businesses in sectors such as restaurants, bars, hotels, catering, events, and food services. Labor solutions are facilitated through features including integrated time clocks, real-time shift monitoring, automated payment handling, and compliance insurance for workers. Operations focus on flexible, short-term staffing needs across these industries.
- Headquarters Indianapolis, United States
- Founders Thor Wood
- SectorsConsumerTechnology
- Website snapshyft.com
- Social LinkedIn X Facebook
- Legal Name Avail Productivity Systems, Inc., D/B/A Snapshyft
- Annual Revenue$360.82 K (USD)1756as on Dec 31, 2019
- Net Profit-$246.12 K (USD)-26as on Dec 31, 2019
- Total Equity Funding$295K (USD)
in 3 rounds
- Latest Funding Round$45K (USD), Seed
Apr 2019
- InvestorsGener8tor
& 1 more
Funding Insights of SnapShyft
SnapShyft has successfully raised a total of $295K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $45 thousand completed in April 2019. 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 $295,000
- Total Rounds 3
- Last Round Seed — $45,000
- First Round $100,000
(Jun 2018)
- Investors Count 2
All 3 funding rounds of SnapShyft with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2019 | $45,000 | Seed | – | – | – |
| Oct 2018 | $150,000 | Seed | – | 500 Global | – |
| Jun 2018 | $100,000 | Seed | – | Gener8tor | – |
2 investors in total: 2 institutional.
Investors in SnapShyft
SnapShyft has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Gener8tor and 500 Global.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital and acceleration are provided to tech startups. | 500.co | Ho Chi Minh City, Vietnam | ||
Startups are accelerated via a 12-week program with funding support. | 2012 | gener8tor.com | Madison, United States |
Investor details for SnapShyft
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of SnapShyft
2 people are tracked at SnapShyft (2 in leadership).
| Name | Role | Group |
|---|---|---|
Thor Wood | Founder & CEO | Leadership |
Stephanie C. | Co-Founder & COO | Leadership |
Complete people profiles for SnapShyft
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of SnapShyft
3 dated milestones of SnapShyft across 3 years, from founding to its latest funding, stage changes and deals.
- Founded SnapShyft is founded.
- Funding First funding round of $100K.
- Funding Latest funding round, Seed, of $45K.
Competitors of SnapShyft
SnapShyft has 3 listed competitors in our database, 3 of them funded. They include Instawork, Wonolo and Traba.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| instawork.com | 2015 | San Francisco, United States | $148.12M | 420 | Cloud-based on-demand staffing platform for multi-industry | |
| wonolo.com | 2013 | San Francisco, United States | $192.93M | 176 | On-demand staffing platform is operated for job matching and shifts. | |
| traba.work | 2021 | Miami, United States | $45.61M | Online platform for contract workforce recruitment |
Detailed competitors of SnapShyft
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Food & Beverage Platforms
3 companies that operate in the same segment as SnapShyft (Food & Beverage Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 | |
Restaurant operations are managed via a cloud-based platform. | 2011 | Boston, Massachusetts, United States | USD 900 M | USD 6.15 B | 8,021 |
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Frequently Asked Questions about SnapShyft
SnapShyft was founded in 2016 and raised its 1st funding round 2 years after it was founded.
SnapShyft is headquartered in Indianapolis, United States. It is registered at Indianapolis, Indiana, United States.
Thor Wood is the CEO of SnapShyft, as recorded in our data. They have also founded this company.
SnapShyft is a funded company, having raised a total of $295K across 3 funding rounds to date. The company's 1st funding round was a Seed of $100K, raised on Jun 2018.
Annual revenue of SnapShyft is $360.82K as on Dec 31, 2019.
SnapShyft was founded in 2016 and is headquartered in Indianapolis, United States. An on-demand staffing platform is operated to connect workers with businesses in sectors such as restaurants, bars, hotels, catering, events, and food services. Labor solutions are facilitated through features including integrated time clocks, real-time shift monitoring, automated payment handling, and compliance insurance for workers. Operations focus on flexible, short-term staffing needs across these industries.
SnapShyft has 2 investors. Key investors include Gener8tor, and 500 Global.
SnapShyft operates through Avail Productivity Systems, Inc., D/B/A Snapshyft.