7shifts Secures $80M Series C Funding to Transform Restaurant HR
7shifts, a Canadian tech startup revolutionizing restaurant team management, has secured $80 million in Series C funding. The round was led by SoftBank Vision Fund 2, with participation from Ten Coves Capital and Enlightened Hospitality Investments.
The funding will fuel 7shifts' ambitious growth plans. The company aims to double its team size, allowing it to develop new products that cater to the entire employee lifecycle. This expansion will enable restaurant operators to streamline their HR processes, from hiring to scheduling and beyond.
The Series C round saw SoftBank Vision Fund 2 take the lead, with existing investors Ten Coves Capital and Enlightened Hospitality Investments also contributing. No other specific investors were mentioned in the provided search results.
With $80 million in the bank, 7shifts is set to expand its team and product offerings. The company's goal is to connect all aspects of HR for restaurant teams, making team management more efficient. This latest funding round signals investors' confidence in 7shifts' potential to transform the restaurant industry.
