Shyft Technologies

Shyft Technologies

Tech company developing mobile apps for coworkers and teams.

HQ location
Seattle, United States
Website
Launch date
Enterprise value
$6—9m
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Shyft Technologies, founded in 2015 by Brett Patrontasch, Daniel Chen, Kyle Liu, and Chris Pitchford, provides a mobile-first workforce management platform designed for industries with hourly workers, such as retail, hospitality, and healthcare. The company is headquartered in Seattle, Washington, and was a participant in the 2016 Seattle TechStars class.

The core of Shyft's offering is a mobile application that empowers employees to manage their work schedules. Key features include the ability for workers to swap shifts with colleagues through a 'Shift Marketplace,' message team members directly or in group channels, and view their schedules on their mobile devices. This functionality aims to reduce absenteeism and improve employee retention by offering flexibility. For managers, the platform provides tools to automate schedule creation, approve or deny shift swaps, manage daily rosters, and broadcast open shifts to their teams. The company serves major clients, including Gap Inc., which uses the platform for its brands like Old Navy and Banana Republic.

Shyft operates on a subscription-based business model, with a paid web dashboard for managers that offers enhanced enterprise features. The company has secured significant funding to support its growth, including a $6.5 million Series A round in November 2018, led by Ignition Partners and Madrona Venture Group, bringing its total funding at the time to $8 million. This capital was aimed at furthering product development and innovation.

Keywords: workforce management, employee scheduling, shift swapping, mobile workforce, retail technology, hourly workers, schedule automation, team communication, labor optimization, shift marketplace, retail operations, hospitality technology, healthcare scheduling, employee engagement, staff management, workforce flexibility, mobile scheduling app, enterprise software, SaaS, human capital management

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