ShiftWizard, Inc.

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ShiftWizard, Inc. - overview

Established

2007

Location

Morrisville, NC, US

Primary Industry

Software

About

ShiftWizard, Inc. is a provider of specialized staff scheduling software tailored for healthcare organizations, enhancing workforce management and operational efficiency through innovative technology solutions. ShiftWizard, Inc. is a software company founded in 2007 and headquartered in Morrisville, US.


The company specializes in staff scheduling solutions for the healthcare sector. The firm was acquired by HealthStream, Inc. in October 2020 for USD 32 mn. The founder, Shane Parker, has history in technology and healthcare ventures.


The company has completed 4 deals, with the most recent one on October 12, 2020, indicating a strategic focus on growth in the healthcare software market. ShiftWizard by HealthStream provides comprehensive staff scheduling software designed specifically for healthcare organizations. Its solutions streamline employee scheduling and enhance communication, addressing inefficiencies in traditional scheduling methods. Key features include customizable scheduling, real-time tracking, analytics, and mass communication tools, serving a diverse client base from enterprise health systems to regional nursing facilities across the United States.


ShiftWizard operates under a subscription-based revenue model, offering access to its healthcare staff scheduling software through annual or monthly subscriptions. This model supports ongoing partnerships with clients, ensuring they receive continuous access to updates and support. The company's main product, ShiftWizard™, drives revenue generation, reflecting its adoption among healthcare providers and contributing to a high customer retention rate. Following the acquisition by HealthStream, Inc.


, ShiftWizard plans to leverage its recent funding of USD 32 mn to expand its product offerings and enhance its market presence. The company is focused on launching innovative new features designed for healthcare staff management, with plans for rollouts in the upcoming year. Future growth also includes targeting new geographic regions within the healthcare market to broaden its client base and enhance operational capabilities.


Current Investors

Clayton Associates, Resolute Ventures

Primary Industry

Software

Sub Industries

Healthcare IT, HR & Workforce Software, Analytics & Performance Software

Website

www.shiftwizard.com

Verticals

Cloud Computing

Company Stage

Acquired

Total Amount Raised

Subscriber access only

ShiftWizard, Inc. - employee data

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