News

7shifts restaurant labor scheduling platform secures additional funding

August 31, 2017

7shifts, which provides a platform for scheduling, communication and labor cost control for restaurants, has secured $3.5 million from Tandem Capital and existing investor Relay Ventures, according to a press release. The new investment brings the total funding to $4.5 million, to be used to build out infrastructure for the platform.

The company claims the 7shifts platform reduces the time spent on scheduling by 80 percent and labor costs by up to 3 percent. The savings are achieved by automating employee scheduling, helping them to remotely manage their work hours, and by providing analytics that drive employee engagement and communication.

7shifts replaces last-minute phone calls and shift swaps with a mobile solution, also accessible via desktop, that requires no training.

In addition to helping restaurant managers, 7shifts also gives workers more control and visibility into their scheduling and provides them with a digital record.

With 60 percent of its usage coming from mobile, 7shifts has gone from scheduling 1 million shifts per month six months ago to now scheduling over 2 million shifts per month for more than 150,000 restaurant workers across North America, Europe, the Middle East and Australia.

"The platform also helps managers better connect and coordinate their employees and gives workers a performance indicator for future job prospects," Tandem Capital partner David Wagonfeld, who was part of a group that owned 40+ Jamba Juice locations, said in the press release. "On top of that, any restaurant operator that signs up for the platform is up and running in minutes."

Founded in 2013 in Saskatoon, Canada, 7shifts was conceived out of CEO Jordan Boesch's desire to help his family's Quiznos franchise when he was in high school. Boesch taught himself to code and developed an app that evolved into the 7shifts platform.