Snapshift raised $45 million in a Series A growth equity round led by Highland Europe.
Snapshift, a Paris, France-based software startup developing a management employee tool fo the hospitality business, announced a hefty series A closed at $45 million.
The money was raised from investors led by Highland Europe, and joined by existing investors Bpifrance and UL Invest.
Snapshift, founded in 2016 by CEO Olivier Severyns, started as an employee platform used by restaurant owners for employees management. The company now positions its tool as a fully fledged HR platform, aiming to be useful for for managing deskless workforce - or companies that need to manage blue-collar or front-line workers. Customers include a list of 6,000+ customers including Subway, Pizza Hut, Spar, Amorino, Biocoop, Fitness Park, Columbus Cafe and Carrefour.
Snapshift previously raised some $4 million in two rounds, one in 2017 and the other in 2019.