7shifts Raises $80 Million

7shifts has raised $80 million in Series C funding led by SoftBank Vision Fund 2. 

7shifts is an end-to-end technology platform built exclusively for restaurants to simplify team management, particularly critical as restaurants adapt to labor challenges and face pressure on profitability and compliance. From scheduling to team communication, task management and tip pooling, 7shifts’ platform drives operational efficiency and team engagement, making it simple to receive schedules, trade shifts and manage tasks. It is trusted by more than 650,000 restaurant pros across 27,000 locations around the world.

Over the past two years, restaurants have dealt with countless challenges, and now more than ever need technology to streamline operations, empower workers and improve team retention, says 7shifts. 

Restaurant Tech Investments Heat Up

7shifts' latest investment follows others in restaurant technology. Recent headlines include: Paradox, a conversational recruiting platform, announced a $200M Series C investment.  Union, a hospitality engagement platform, raised $22M in December. Plus,. Plate IQ raised $160M.

The 7shifts investment comes on the heels of a significant year of growth for 7shifts in 2021, adding more than 10,000 locations and over 400,000 workers to its platform. 7shifts will use the latest round of funding to double the size of its team and continue to build products for the employee lifecycle, which will help restaurant operators connect all aspects of their HR processes − from hiring, onboarding, training, scheduling, and paying, to retaining.

Additionally, 7shifts has more than doubled its partner integrations and will further expand its APIs to close technology gaps for restaurant operators.

7shifts’ recent growth includes the addition of well-known multi-unit brands, including FUSIAN, Salt & Straw, Hook & Reel, Mezeh Mediterranean Grill, and Flagship Restaurant Group, reflecting the growing reach of its team management platform.