
Upshift
Leading W2 staffing platform that connects businesses with W2 employees in real-time for both short-term shifts and Upshift to Hire positions.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
investor | €0.0 | round | |
investor | €0.0 | round | |
investor investor investor investor | €0.0 | round | |
* | N/A | $2.0m Valuation: $18.5m | Early VC |
Total Funding | 000k |
USD | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | 186 % | 15 % | 10 % | 124 % |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Upshift is an innovative on-demand staffing platform that connects businesses with pre-screened W2 workers for hourly staffing needs. Operating primarily through a mobile app, Upshift serves a diverse range of industries including food service, events, manufacturing, and printing. The platform is designed to streamline the hiring process, offering businesses a more efficient and cost-effective alternative to traditional staffing agencies. Upshift's rigorous screening process ensures that only 15% of applicants make it through, guaranteeing high-quality staff for its clients. The business model is based on a transparent pricing structure, allowing companies to save up to 50% on traditional agency fees. Upshift generates revenue through service fees charged to businesses for each successful staffing placement. The app also features private talent pools, enabling companies to rehire their preferred workers with ease. With a 96% success rate in fulfilling staffing requests, Upshift has positioned itself as a reliable and efficient solution for businesses looking to meet their hourly staffing needs.
Keywords: on-demand staffing, mobile app, hourly workers, W2 workers, cost-effective, pre-screened, transparent pricing, private talent pools, high success rate, diverse industries.