7shifts Stock
| Valuation | n/a |
| Valuation Date | Feb 10, 2022 |
| Implied Valuation | n/a |
| Last Price | $10.00 |
| 52-Week High | $24.99 |
| 52-Week Low | $10.00 |
| YTD Return | +0.00% |
| 1-Year Return | -50.00% |
| 3-Year Return | n/a |
| Total Funding | $122M1 |
| Latest Round Amount | $80M2 |
| Latest Round | Series C |
| Funding Rounds | 6 |
| IPO Status | Unknown |
| Expected IPO Date | n/a |
| Revenue | n/a |
| Revenue Type | n/a |
| P/S Ratio | n/a |
About 7shifts
7shifts is a Canadian team management and payroll platform built specifically for restaurants. The software combines employee scheduling, time clocking, team communication, tip management and labor compliance tools in one app. Its payroll product runs restaurant payroll using the scheduling, time clock and tip data already in the system, and an On-Demand Pay feature powered by fintech partner Clair lets workers access earned wages and tips right after a shift. More than 55,000 restaurants use 7shifts to manage over 1.5 million workers. The company makes money by charging restaurants subscription fees per location, with paid tiers that add tools like payroll and task management. Founder and CEO Jordan Boesch started the company in Saskatchewan in 2014 after building scheduling software for his father's Quiznos restaurants.
Invest in 7shifts
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News
7shifts Releases Annual Report on What Restaurant Employees Want, Revealing Key Shifts in Retention Drivers
7shifts published its 2026 What Restaurant Employees Want report based on a survey of more than 1,000 US restaurant workers. The study found understaffing is the top stressor and that team relationshi...
7shifts Launches New Tip Payout Solution Through On-Demand Pay Product With Clair
7shifts launched On-Demand Pay for Tips, powered by fintech partner Clair, letting restaurant employees access a portion of their earned tips shortly after a shift instead of waiting for the pay cycle...
7shifts Accelerates Growth and Industry Leadership with Major Customer Expansions, Product Innovation, and Workplace Recognition
7shifts announced new enterprise partnerships including IHOP and HCI Hospitality, product releases such as Multi-EIN Payroll and Clair earned wage access, and recognition on Deloitte's Technology Fast...
7shifts Launches Digital Prep List: Research Report on The State of Restaurant Tech 2025
7shifts released its Digital Prep List, a benchmarking report on restaurant technology adoption drawing on feedback from more than 500 restaurant professionals.
Meet 7shifts' new look: A message from our CEO
7shifts unveiled a new logo and brand identity as it entered its second decade, with CEO Jordan Boesch highlighting a renewed focus on tip management and payroll products.
7shifts Releases Restaurant Workforce Report, Revealing Complete Picture of Industry Trends
7shifts released its annual Restaurant Workforce Report for 2025, based on a survey of more than 900 restaurant managers covering industry growth, hiring challenges and technology adoption.
7shifts cuts 19 percent of staff in new layoffs to start 2024
7shifts laid off 68 employees, about 19 percent of its workforce, in January 2024, its second round of cuts in four months as the company refocused on scalable and efficient parts of its business.
SoftBank leads $80-million funding of 7shifts, buying into booming Saskatoon tech scene
SoftBank Vision Fund 2 led an US$80 million Series C financing of 7shifts, with participation from Ten Coves Capital and Enlightened Hospitality Investments, after the company grew to 27,000 restauran...
7shifts Announces $21.5 Million Series B Funding
7shifts raised US$21.5 million in Series B funding led by Danny Meyer's Enlightened Hospitality Investments, the investment arm of Union Square Hospitality Group.
7shifts Raises Additional $6 Million Funding to Accelerate Company Growth
7shifts raised an additional US$6 million in growth equity funding led by Napier Park Financial Partners, with participation from Relay Ventures and new investor Conexus Credit Union.
7shifts closes $10 million series A round to bring automation, compliance to restaurant management
7shifts raised US$10 million in Series A funding led by Napier Park Financial Partners, with participation from Teamworthy Ventures, Relay Ventures and former Snagajob CEO Peter Harrison.