Shyfter
Shyfter is a technology company.
Financial History
Shyfter has raised $3.6M across 4 funding rounds.
Frequently Asked Questions
How much funding has Shyfter raised?
Shyfter has raised $3.6M in total across 4 funding rounds.
Shyfter is a technology company.
Shyfter has raised $3.6M across 4 funding rounds.
Shyfter has raised $3.6M in total across 4 funding rounds.
Shyfter is a Belgian SaaS company that builds workforce scheduling, time‑tracking and HR compliance tools for frontline and hourly‑work businesses such as restaurants, retail, events and small‑to‑medium enterprises[1][2].
High‑Level Overview
Shyfter offers a cloud‑based scheduling and time‑attendance platform that includes shift scheduling, clock‑in/out (mobile and tablet), leave and overtime management, payroll reporting, document storage and integrations to simplify workforce operations for hourly and frontline teams[1][2][3]. The product targets employers in hospitality, retail, fast food, events and other multi‑location, shift‑driven operations and is positioned to reduce scheduling errors, cut administrative time and improve payroll accuracy[1][2]. Users and review sites report broad feature coverage, an intuitive interface and positive customer satisfaction—Shyfter reported serving 1,000+ clients in 2023 and lists pricing from about €39–70/month depending on features[2][3]. User reviews highlight attendance, leave and overtime management as strengths while occasionally noting UI refresh or sync issues[4].
Origin Story
Shyfter is headquartered in Brussels and is a small, privately held software company (under 25 employees according to business listings)[1]. Public product pages and vendor directories describe the company as a dedicated scheduling/time‑tracking SaaS that emerged to solve manual scheduling pain points for frontline employers[2][3]. (Available public profiles do not publish detailed founder biographies or an explicit founding year; ZoomInfo and software directories provide company overview, headquarter and headcount data but do not list named founders in their freely visible summaries[1][2].)
Core Differentiators
Role in the Broader Tech Landscape
Shyfter sits at the intersection of HR tech, workforce management and payroll automation—segments growing as hourly labor management becomes digitized to control labor costs, ensure regulatory compliance and support distributed/mobile teams[2][3]. Timing favors solutions that replace spreadsheets and paper with real‑time clocking and automated payroll feeds as labor tightness and regulatory scrutiny push employers to tighten attendance, overtime and recordkeeping[3]. For European and SMB markets, localized legal rule support and affordable SaaS pricing are market tailwinds helping adoption[3].
Quick Take & Future Outlook
Shyfter’s near‑term path likely focuses on expanding integrations (payroll/HRIS, POS), deepening multi‑location and compliance capabilities and scaling SMB sales channels to grow client count beyond the 2023 figures cited in vendor materials[2]. Market trends that will shape its trajectory include increased demand for real‑time labor analytics, integration of scheduling with sales/footfall data, and rising expectations around employee self‑service and mobile UX[3][4]. If Shyfter continues to improve reliability and platform integrations while maintaining competitive pricing, it can strengthen its position among European SMBs in hospitality and retail; however, public information on funding, founders and long‑term metrics is limited, so assessing scale and runway requires direct company disclosures beyond the cited vendor profiles[1][2].
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Shyfter has raised $3.6M in total across 4 funding rounds.
Shyfter has raised $3.6M across 4 funding rounds. Most recently, it raised $2.0M Seed in March 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2025 | $2.0M Seed | ||
| Mar 1, 2023 | $650K Seed | ||
| Mar 1, 2021 | $700K Seed | ||
| Feb 1, 2020 | $220K Seed |