
Shiftee
Employee Scheduling & Timeclock Software.
Date | Investors | Amount | Round |
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- | investor | €0.0 | round |
investor | €0.0 | round | |
N/A | €0.0 | round | |
investor | €0.0 Valuation: €0.0 | round | |
* | $280m Valuation: $280m | Buyout | |
Total Funding | 000k |
Shiftee operates as a comprehensive workforce management software provider, originating from Seoul, South Korea. Founded in 2016 by Seung Won Shin and David Hong, the company developed a platform to address various human resources needs. Seung Won Shin, who serves as the CEO, was recognized in Forbes' "30 Under 30 Asia" list in 2022. His entrepreneurial journey began during his university years, and after one unsuccessful startup attempt, he successfully established Shiftee.
The firm's business model is centered on a Software-as-a-Service (SaaS) subscription, offering a free trial to potential clients. Shiftee provides a suite of tools that manage employee scheduling, time and attendance, leave, and payroll processing. Its platform is designed for a diverse client base, ranging from small to medium-sized businesses to large enterprises across various sectors, including retail, hospitality, manufacturing, construction, and technology. Notable clients include major South Korean companies like SK Networks, Lotte Shopping, Kakao, and Coupang. The company primarily generates revenue through monthly or quote-based subscriptions per user.
Shiftee's service, officially launched in 2017, has evolved from an attendance management tool into an integrated HR solution. The platform features automated and real-time scheduling, GPS and WiFi-based time clocks for attendance tracking, and streamlined request-approval workflows for leave and overtime. It also includes analytics dashboards for workforce performance insights and ensures compliance with labor laws. The system offers an employee self-service portal, mobile accessibility, and integrations with other business tools like Google Calendar and Slack. In March 2025, Shiftee was acquired by Skylake Equity Partners, a private equity firm, for $280 million, transitioning to an independent management structure with its founder, Shin Seung-won, continuing as CEO and holding a 25% equity stake.
Keywords: workforce management, HR software, SaaS, employee scheduling, time and attendance, leave management, payroll software, human resources technology, B2B software, compliance management, flexible work solutions, employee self-service, real-time analytics, mobile workforce, HR automation, staff planning, labor management, Seoul startup, Seung Won Shin, David Hong