ShiftKey, Technology Company Transforming Future of Work, Closes Capital Raise
Summary
DALLAS--(BUSINESS WIRE)--ShiftKey, a Dallas-based technology company transforming the future of work by empowering licensed professionals to connect directly with healthcare facilities with open workforce needs, announced today that it has closed on a funding round sponsored by majority investor Lorient Capital, valuing the company in excess of $2 billion.Lorients investment was completed through a continuation vehicle that was led by the Ares Management Secondaries funds and Pantheon. Additional investors participating along with Lorient, Ares, and Pantheon include Clearlake Capital and Health Velocity Capital.ShiftKey is changing the future of work by empowering licensed professionals to have the freedom and flexibility to choose when, where and how they want to work, said David Berman, managing partner of Lorient Capital. We are excited to realign our investor base around ShiftKeys long-term strategy to become the preeminent technology platform powering the future of licensed work.Nurses continue to choose to work on their own terms, said Tom Ellis, founder and CEO of ShiftKey. Our vision is to empower nurses and other licensed professionals through the combination of our core marketplace product along with additional technology and tools such as scheduling, payments, education, and credentialing. McDermott Will & Emery and Gibson Dunn were legal advisors.ShiftKey is a platform that is disrupting the way healthcare facilities find licensed and certified professionals to fill available shifts.