7Shifts

7Shifts in its US$21.5 million Series B financing round

Client

7Shifts

Value

US$21.5 million

Service

Emerging and High Growth Companies

Date Closed

May 2021

Industry

Technology

Lead Office

Toronto

 

On May 25, 2021, 7Shifts completed its US$21.5 million Series B financing round led by Enlightened Hospitality Investments and including Ten Coves Capital, Relay Ventures and Conexus Venture Capital. The proceeds will be used to scale the company’s restaurant labour management platform to meet the needs of restaurants as they emerge from the COVID-19 pandemic. 7Shifts will also use the funding to grow its team and invest in product development.

7Shifts is a Saskatoon-based software firm specializing in employee scheduling and management for clients in the restaurant industry.

Osler, Hoskin & Harcourt LLP advised 7Shifts with a team consisting of Chad Bayne, Justin Dharamdial, Sahil Chopra and Theresa Donkor (Emerging and High Growth Companies).