UnternehmerTUM leads €3m series-B for Shyftplan
UnternehmerTUM Venture Capital Partners has led a €3m series-B funding round for personnel planning and communication software application Shyftplan.
Senovo, Coparion and series-A investor Kizoo Technology Ventures also took part in the financing.
The fresh capital will be used to expand the team with a focus on product development and marketing for the company's international expansion.
Previous funding
In October 2013, IBB Beteiligungsgesellschaft invested €385,000 in Shyftplan (then known as Pijajo).
In November 2014, Kizoo led a €1.45m series-A funding round for the company, alongside IBB. The European Regional Development Fund partly co-financed the commitment from IBB.
Company
Founded in 2012, Shyftplan simplifies scheduling, rotas, distribution and payroll for companies. The free service can be accessed via smartphone, tablet or laptop. The company has 25 employees.
People
Shyftplan – Jan-Martin Josten, John Nitschke (co-founders).
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