Shiftgig Explained

Shiftgig
Type:Privately held company
Foundation:January 2012
Founder:Eddie Lou, Jeff Pieta, Sean Casey
Location:Chicago, United States
Area Served:National
Key People:Rick Bowman (CEO)[1]
Industry:Professional services
Services:Employment agencies, recruitments

Shiftgig was a platform that connected gig workers with employers through a mobile application to claim one-time and recurring jobs in real time.[2] [3]

History

Shiftgig was conceived by entrepreneurs Eddie Lou, Jeff Pieta and Sean Casey.[4] [5] Launched in Chicago in January 2012, the company has since expanded throughout the United States.[6]

In October 2012, Shiftgig raised $3 million in its Series A round of funding. In November 2014, the platform raised $10 million from Garland Funds (of Huron Consulting Group) and other Chicago-based investors.[7] In In March 2015, the corporation expanded its services to Dallas[7]

On November 24, 2015, Shiftgig Inc. announced it had raised $22 million in Series B venture funding to expand its mobile marketplace, led by Renren Inc.[8]

Date Users Businesses Source
October 2012 100,000 4,000 Chicago Tribune[9]
December 2013 500,000 14,000 Forbes[10]
March 2015 1.3 million 27,000 Dallas Business Journal[11]
In December 2017, the company was chosen as Innovator of the Year at the 2017 Dive Awards by HR Dive.[12]

In April, 2019, Shiftgig's hospitality and national event staffing markets were acquired by LGC Hospitality[13] and Headway Workforce Solutions.[14] Following that transition, the platform primarily operates as a SaaS company. Its worker engagement platforms, Deploy and BookedOut, continue to operate with their staffing partners.

Notes and References

  1. Web site: Shiftgig hires LinkedIn vice president as new CEO . 19 September 2017. Chicago Tribune.
  2. Web site: Reim. Garrett. Shiftgig raises $10M entirely from Chicago investors to build a LinkedIn for service jobs. Built in Chicago. Built in Chicago. 9 April 2015.
  3. News: Pletz. John. Shiftgig's talent pool provides a ready Bullpen for events. 9 April 2015. Crain's chicago Business. Crain Communications Inc..
  4. News: Loizos . Connie . 6 November 2012 . With a Fresh $3 Million, Shiftgig Builds a Blue Collar Jobs Network . peHUB . 14 November 2012.
  5. Web site: Shiftgig: Our Story . 15 November 2012.
  6. Web site: Shiftgig: About Us. 14 November 2012.
  7. News: Pletz. John. Shiftgig raises $10 million from Holdren, Kiphart. 10 April 2015. Crain's Chicago Business. Crain Communication, Inc.. November 14, 2014.
  8. Web site: Shiftgig Raises $22 Million to Match Hourly Workers to Local Jobs. 2015-11-24. 2015-11-24. Lora. Kolodny.
  9. News: Harris. Melissa. Shiftgig raises $3 million in funding. 14 November 2012. Chicago Tribune. 31 October 2012.
  10. News: Robehmed. Natalie. The hottest startups of 2013. 22 May 2014. Forbes. 16 December 2013.
  11. News: Abril. Danielle. Chicago startup's new Dallas office to offer marketplace of work shifts. 10 April 2015. Dallas Business Journal. American City Business Journals.
  12. Web site: Innovator of the Year: Shiftgig. HR Dive. en-US. 2020-03-19.
  13. Web site: LGC Acquires 12 New Markets in Shiftgig Transition. LGC Associates, LLC. www.lgcassociates.com. 18 April 2019 . en. 2020-01-07.
  14. Headway Acquires New York Hospitality and National Event Staffing Business. Headway Workforce Solutions. www.prnewswire.com. en. 2019-09-30.