May 27, 2021 at 12:19 PM
HOBOKEN, NJ - 7shifts, an innovative labor management platform for restaurants, has announced that it raised $21.5 million in Series B funding led by Enlightened Hospitality Investments (EHI), the growth equity fund affiliated with Union Square Hospitality Group (USHG).
Founded by restaurateur and industry visionary Danny Meyer in 1985, USHG operates some of New York City’s most beloved restaurants including Gramercy Tavern and Union Square Cafe. EHI was formed in 2016 to make strategic investments in best-in-class companies that have excellent management teams and corporate cultures. EHI’s investment follows a very successful implementation of 7shifts across USHG’s portfolio of cafes, bars and restaurants and will add EHI to 7shifts’ Board of Directors. The round also includes participation from existing investors Ten Coves Capital, Relay Ventures, and Conexus Venture Capital.
7shifts, a Saskatoon, Canada-based labor management platform for restaurants, raised $21.5m in Series B funding.
The round was led by Enlightened Hospitality Investments (EHI), the growth equity fund affiliated with Union Square Hospitality Group (USHG), with participation from existing investors Ten Coves Capital, Relay Ventures, and Conexus Venture Capital.
The company intends to use the funds to continue scaling its team and expand its product offering, including deepening its capabilities in the core areas of scheduling and employee communication, accelerating technology integrations to provide a more holistic view of one’s business, and rolling out the next generation of tools purpose-built for restaurateurs and their teams.
Suited Hospitality, A New Consulting Firm for A New Age, Debuts A Powerhouse Team
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NAPA, Calif., May 25, 2021 /PRNewswire/ Suited Hospitality announces its founding by an elite team of four partners, a who s who of the industry, each with their own specialized expertise, as well as decades of experience working hand-in-hand with the most revered restaurants in the world.
A bespoke agency, Suited Hospitality is designed to suit every need in the industry at the highest of levels. Its founders are:
Suited Hospitality founders Kristine Keefer, David Sisler, Mitch Lienhard and Martha Cromar. With top-notch expertise in public relations, culinary and beverage program development, service training, business investment and operations, and social media marketing, they offer a unique, one-stop agency for any and all hospitality requirements.