How Much Did OnShift Raise?
Funding & Key Investors

OnShift, a provider of web-based scheduling and employee communication solutions for the long-term healthcare sector, has secured significant enterprise-level funding, with a total capital raised of $30.8M and a recent funding round of $0. This strategic investment underscores the company's established presence and growth trajectory in optimizing labor management for healthcare facilities across the United States.

The company's journey, marked by consistent capital injections, highlights its evolution from early-stage development to a mature enterprise poised for further expansion. The recent financing round signifies continued investor confidence in OnShift's business model and its capacity to address critical operational challenges within the healthcare industry.

What is OnShift?

OnShift
SoftwareHuman Resources SoftwareHealthcare Software

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:

2008

Other Financing Round

$150K

2009

Other Financing Round

$350K

2010

Series A

$2.3M

2012

Series B

$3M

2014

Series C

$7M

2016

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
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Software industry

Engineering SoftwareSoftware
Engineering SoftwareSoftwareBusiness Intelligence (BI) Software
Security SoftwareSoftware
SoftwareStorage & System Management Software

Frequently Asked Questions Regarding OnShift Financial Insights

What are the most recent funding rounds that OnShift has completed, and what were the funding rounds?
OnShift has recently completed 3 funding rounds: Series D on Apr 12, 2016, Series C on Feb 3, 2014, Series B on Feb 2, 2012.
What is the total amount of funding OnShift has raised to date?
OnShift has raised a total of $30.8M in funding to date.
How many funding rounds has OnShift completed?
OnShift has completed 3 funding rounds.
How much funding did OnShift raise in its most recent funding round?
OnShift raised $18M in its most recent funding round.
Who are the lead investors in OnShift's latest funding round?
The lead investor in OnShift's latest funding round was North Coast Angel Fund. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in OnShift's history?
The largest funding round in OnShift's history was $18M.
See more information about OnShift