ShiftKey, Technology Company Transforming Future of Work, Closes Capital Raise
DALLAS, January 11, 2023–(Business enterprise WIRE)–ShiftKey, a Dallas-primarily based engineering company transforming the foreseeable future of function by empowering certified professionals to link immediately with healthcare amenities with open up workforce desires, introduced nowadays that it has shut on a funding round sponsored by vast majority investor Lorient Cash, valuing the firm in extra of $2 billion.
Lorient’s expense was accomplished by way of a continuation motor vehicle that was led by the Ares Administration Secondaries funds and Pantheon. Additional investors participating together with Lorient, Ares, and Pantheon consist of Clearlake Money and Wellbeing Velocity Funds.
“ShiftKey is switching the potential of get the job done by empowering accredited pros to have the flexibility and flexibility to select when, exactly where and how they want to function,” reported David Berman, managing husband or wife of Lorient Funds. “We are psyched to realign our trader base about ShiftKey’s extended-expression approach to turn into the preeminent know-how system powering the foreseeable future of certified perform.”
“Nurses keep on to select to do the job on their individual conditions,” stated Tom Ellis, founder and CEO of ShiftKey. “Our eyesight is to empower nurses and other accredited specialists by means of the blend of our core market product or service along with supplemental know-how and equipment this kind of as scheduling, payments, training, and credentialing. We are appreciative for the assistance of our traders who share in this aim.”
ShiftKey’s software package now allows get the job done for hundreds of thousands of licensed pros throughout over 10,000 healthcare amenities nationwide.
Goldman Sachs and Aviditi Advisors acted as advisors and placement agents to Lorient Funds. McDermott Will & Emery and Gibson Dunn were being legal advisors.
ShiftKey is a platform that is disrupting the way healthcare facilities obtain accredited and accredited industry experts to fill available shifts. Leveraging market dynamics and deep industry knowledge, the corporation is enjoying a vital job in mitigating America’s healthcare staffing shortages, enabling direct connections among facilities and healthcare gurus. By offering the option to function as substantially or as minor as they select and putting the power back into the hands of healthcare workers, ShiftKey is bringing much more licensed pros again into the workforce, a remedy that is solving a important crisis in health care. For far more details, visit www.ShiftKey.com.
About Lorient Funds
Lorient Cash is a personal financial investment organization that targets fairness investments in health care expert services and technological innovation firms. Leveraging its working experience as both traders and healthcare operators, Lorient performs with founders and administration teams to drive development, enhance operations, and make improvements to healthcare outcomes. The agency invests in hard cash move positive companies at an inflection level that demands supplemental capital and know-how to get the business as a result of the subsequent period of progress.
Look at resource variation on businesswire.com: https://www.businesswire.com/information/house/20230111005194/en/
Curley Enterprise for ShiftKey