Shiftsmart Raises $95M in Series B Financing
Gunderson Dettmer represented client Shiftsmart, a labor-management platform, in its $95 million Series B financing led by D1 Capital. Shiftsmart provides companies with workforce management software that tracks everything from onboarding to scheduling to shift dispatch. The new capital will be used to scale the company’s verticals and increase company talent.
In the announcement of the transaction, CEO of Shiftsmart Aakash Kumar said, “It’s an exciting time for the business, and the global labor shortage has made it critical. Our main focus is how to scale up operations to be able to absorb demand and create more unique experiences for workers as we learn more about their behaviors.”
The Gunderson deal team was led by Nevin Fox and included Christopher Warren and Elizabeth Gavin.