Frontline worker HR platform Snapshift raises $45M round led by Highland Europe –

France-based Snapshift started out as a staff management web solution for restaurants and raised only €3.9 million from Bpifrance and Femmes Business Angels. It’s now raised $45 million in a Series A growth equity round led by Highland Europe, with participation from existing investors Bpifrance and UL Invest. Following what it calls “huge demand” for its services in 2021, Snapshift now says it has 6,000+ customers, including Subway, Pizza Hut, Spar, Amorino, Biocoop, Fitness Park, Columbus Cafe and Carrefour. Severyns said: “Our mission is to help SMEs understand and optimize all things human resources-related, by simplifying payroll management, staff scheduling and providing guidance on complexities like ever-changing social and employment laws. Snapshift’s product enables our customers to modernize their management systems, and promote trust and transparency, making them ‘great places to work’ for employees.” Jean Tardy-Joubert, partner at Highland Europe, said: “We spoke to countless businesses in the broad hospitality and service industries that are struggling with the exact pain point that Snapshift is solving.