Shiftsmart announced a $95M Series B Round of venture capital funding for its job board marketplace focused on shift-based work. This brings its total raised to $117.5 million. The deal was led by D1 Capital Partners.
Shiftsmart looks to be another job board marketplace operating in a similar fashion to temporary staffing firms by taking responsibility for securing, scheduling, and paying workers. This comes on the heels of Spain’s jobandtalent’s $500 million Series E. joband talent has a similar operating model.
WorkTech data over the last 6 years shows Job board marketplaces as the leading category for HR tech investment globally and by a large margin. $13.7 billion was invested globally in work tech through Q3 2021 across 299 deals. WorkTech Market Insiders can access insights and analysis of all of the deals in our Q3 report with a free membership.