What is OnShift?
Founded in 2007 and headquartered in Cleveland, Ohio, OnShift specializes in delivering web-based solutions designed to streamline employee scheduling and communication for long-term healthcare facilities. Its comprehensive platform addresses key operational needs, including automated scheduling, effective labor cost management, overtime prevention, automated call-off filling, and enhanced employee communication. By providing these critical tools, OnShift empowers healthcare providers to improve efficiency, reduce operational overhead, and ensure consistent staffing levels, thereby enhancing the quality of care delivered.
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 JumpStart, North Coast Angel Fund, Early Stage Partners, and Draper Triangle
Series B (2012): $3M featuring Early Stage Partners and Draper Triangle Ventures
Series C (2014): $7M backed by West Capital Advisors and HLM Venture Partners
Series D (2016): $18M with participation from North Coast Angel Fund, Early Stage Partners, West Capital Advisors, Draper Triangle Ventures, Fifth Third Capital, and HLM Venture Partners
Key Investors in OnShift
JumpStart
JumpStart Inc. is a venture development organization providing capital, services and connections to help entrepreneurs grow, researchers commercialize and corporations innovate. Their mission is to unlock the full potential of entrepreneurship to transform entire communities.
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.
Early Stage Partners
Early Stage Partners is a venture capital firm established in 2001, focused on supporting technology companies in the Midwest. The firm provides capital, advice, and connections to promising early-stage companies, aiming to foster success for entrepreneurs and investors alike.
What's next for OnShift?
With its substantial enterprise-level funding and a history of strategic capital raises, OnShift is well-positioned for accelerated growth and innovation. The company is likely to focus on expanding its market reach within the long-term healthcare sector, potentially exploring new service offerings or enhancing its existing platform with advanced analytics and AI-driven features. Continued investment in technology development and strategic partnerships will be crucial for maintaining its competitive edge and addressing the evolving demands of healthcare workforce management. The company's trajectory suggests a focus on scaling its operations and solidifying its leadership position in the market.
See full OnShift company page