ShiftWizard
ShiftWizard is a technology company.
Financial History
ShiftWizard has raised $3.0M across 1 funding round.
Frequently Asked Questions
How much funding has ShiftWizard raised?
ShiftWizard has raised $3.0M in total across 1 funding round.
ShiftWizard is a technology company.
ShiftWizard has raised $3.0M across 1 funding round.
ShiftWizard has raised $3.0M in total across 1 funding round.
ShiftWizard has raised $3.0M in total across 1 funding round.
ShiftWizard's investors include Altitude Ventures.
ShiftWizard is a SaaS workforce management platform designed exclusively for healthcare organizations, enabling efficient staff scheduling, real-time productivity tracking, and forecasting to optimize labor costs and patient care.[1][2][3] Developed by nurses, it serves hospitals, health systems, long-term care facilities, and ambulatory practices by solving chronic scheduling challenges like shift swaps, open shift filling, staff burnout, and compliance with complex regulations through mobile-friendly tools and integrations with EHRs, Workday, and time & attendance systems.[1][3][7] Acquired by HealthStream in October 2020 after raising $5.68M, ShiftWizard has demonstrated strong growth as the fastest-growing healthcare scheduling solution, with thousands of users praising its ease of use and real-time visibility.[1][6][7][8]
Founded in 2007 and headquartered in Morrisville, North Carolina, ShiftWizard emerged from the real-world needs of nurses facing inefficient manual scheduling in healthcare settings.[1][3] Created by healthcare professionals—"developed by nurses for healthcare organizations"—it quickly gained traction as a web-based SaaS tool tailored for both direct-patient-care and non-patient personnel, addressing gaps in productivity, forecasting, and communication.[1][2] Key early investors included Resolute Ventures and Altitude Ventures, supporting $5.68M in total funding before its acquisition by HealthStream on October 12, 2020, which integrated it into a broader workforce management ecosystem.[1]
ShiftWizard rides the HR tech wave in healthcare workforce management, capitalizing on post-pandemic labor shortages, rising nurse burnout, and demand for predictive staffing amid aging populations and value-based care shifts.[1][2][7] Its timing aligns with digital transformation in hospitals, where EHR integrations and AI-driven forecasting address $8B+ annual U.S. healthcare labor inefficiencies; as part of HealthStream, it influences the ecosystem by powering scalable solutions for health systems, improving staff retention, and enabling data-driven decisions that enhance patient outcomes.[1][7] In a market projected to grow through 2030, it stands out by focusing solely on healthcare, unlike generalist tools.[1]
ShiftWizard's HealthStream integration positions it for expanded adoption via the hStream marketplace, with Workday certification unlocking enterprise health systems and AI enhancements likely boosting forecasting accuracy.[6][7] Trends like workforce analytics, telehealth staffing, and regulatory pressures on labor costs will propel growth, potentially evolving it into a full-suite platform with deeper AI for demand prediction. As healthcare digitizes, ShiftWizard will amplify its role in balancing staff well-being with operational efficiency, solidifying its edge in a nurse-scheduling market eyeing rapid expansion through 2030.[1][7]
ShiftWizard has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Series A in September 2016.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2016 | $3.0M Series A | Altitude Ventures |