When I Work, a Minnesota-based scheduling and time clock app used by companies like Tesla, Uber, announced an acquisition of Toronto-based Shifthub.
Like When I Work, Shifthub also works in the workforce management and employee scheduling space. The acquisition will help When I Work expand its presence.
āIām personally thrilled to see this acquisition move forward,ā said Jeremy Potvin, founder and CEO of Shifthub. āIām really looking forward to giving our customers the opportunity to continue to succeed as a result of this transition.ā
At the same time, When I Work announced $5 million in additional funding from existing investors Greycroft Partners, Arthur Ventures, and e.ventures. The funding will help the company double the size of its team over the next 12 months and expand its strategy by partnering with more companies like Square.
āWeāve always been committed to creating transformative, simple products that help hourly employees and managers work better together,ā said Chad Halvorson, founder and CEO of When I Work. āThis acquisition and the new round of funding will be instrumental in helping us continue our unprecedented growth, add new members to our team, improve our products, and make work better for hundreds of thousands of businessesāsmall and largeāaround the world.ā