What is OnShift?
Headquartered in Cleveland, Ohio, OnShift provides a comprehensive suite of web-based scheduling and employee communication tools specifically engineered for long-term healthcare facilities. By automating complex labor scheduling, managing overtime costs, and streamlining call-off processes, the platform serves as a vital operational backbone for providers aiming to optimize human capital management.
The company occupies a unique market position by focusing on the specific, high-stakes requirements of the healthcare sector, where labor stability directly correlates with patient care quality. Its software-as-a-service (SaaS) model allows for scalable deployment, enabling facilities to maintain compliance and operational efficiency in an increasingly complex regulatory environment.
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, JumpStart, Draper Triangle, and Early Stage Partners
Series B (2012): $3M featuring Early Stage Partners and Draper Triangle Ventures
Series C (2014): $7M backed by HLM Venture Partners and West Capital Advisors
Series D (2016): $18M with participation from Fifth Third Capital, HLM Venture Partners, Draper Triangle Ventures, West Capital Advisors, Early Stage Partners, and North Coast Ventures
Key Investors in OnShift
Early Stage Partners
A venture capital firm established in 2001, focused on supporting technology companies in the Midwest by providing capital, advice, and strategic connections.
Draper Triangle
A Pittsburgh-based venture capital firm that focuses on providing early-stage funding to extraordinary entrepreneurs in the Midwest, supporting innovations in software and big data.
HLM Venture Partners
A specialized healthcare investment firm that partners with innovative founders to build enduring companies in healthcare technology and services.
What's next for OnShift?
With a robust history of backing from institutional investors and venture development organizations, OnShift is well-positioned to further penetrate the healthcare technology market. The company's strategic focus remains on enhancing its automated labor management capabilities and expanding its footprint across the United States.
Future growth will likely center on deepening its integration within the broader healthcare ecosystem, leveraging data-driven insights to further reduce labor costs and improve staff retention. As the industry continues to face staffing shortages, OnShift's role in providing intelligent, automated solutions will be critical to the operational resilience of its client base.
