Tech Company Financing Transactions
ShiftOne Funding Round
ShiftOne, based in Arlington, received $2.6 million from The Entrepreneurs Fund, Bowery Capital and NRD Capital Management.
Transaction Overview
Company Name
Announced On
2/27/2019
Transaction Type
Venture Equity
Amount
$2,600,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to further expand its product and sales teams, with the goal of implementing new features and bringing the platform to new enterprise brands.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
3140 Washington Blvd. 209
Arlington, VA 22201
USA
Arlington, VA 22201
USA
Phone
Undisclosed
Website
Email Address
Overview
Shift One is a mobile app that reduces turnover, drives incremental revenue, and makes work a better place for hourly employees and managers. It uses real-time, individual performance data -- usually from a point-of-sale system or guest review collector -- to power competitions, encourage communication and recognition, and monitor operational health factors like attrition risk.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kam Desai
President
Ashish Gambhir
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We do our best to record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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