OnShift Closes $18M Series D Financing

Funding Rounds

Summary

OnShift, a Cleveland, OH-based human capital management software for post-acute care and senior living, closed a $18m Series D financing round.The round was led by Health Velocity Capital with participation from existing institutional investors Draper Triangle Ventures, Early Stage Partners, Fifth Third Capital, HLM Venture Partners, North Coast Venture Fund, and West Capital Advisors.The company intends to use the funds to expand product development and accelerate sales and marketing plans.Led by Mark Woodka, CEO, OnShift provides a cloud-based human capital management software and services for the healthcare industry which include products for hiring, scheduling and workforce analysis.Clients include Senior Living Communities, HCF Management, Altercare, and Friendship Village.

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Amount $18.0M Total raised
Date April 13, 2016 Announcement date
Investors OnShift, Early Stage Partners, West Capital Advisors, LLC, HLM Venture Partners Lead investors
Company http://www.onshift.com Funded company

Classifications

industries
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applications
Web and Content Management

AskAI Classifications

Labels
Workforce Management Software Talent Acquisition Software Payroll Software

Linked Companies

OnShift
$10M to $25M