Kizoo leads Shyftplan series-A round

European Regional Development Fund partly co-financed the commitment from IBB. The fresh funding will be used to make new hires and to further develop the platform.

The company will undergo a name change as part of the deal and will integrate its Pijajo and Shyftplan products. IBB invested €385,000 in the company last October.

According to Shyftplan, the digital data processing market is worth €1bn in Germany alone.

Kizoo backs internet and mobile services companies with seed and venture capital investments.

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 10 employees.

People
Jan-Martin Josten and John Nitschke are co-founders of Pijajo. Matthias Hornberger led the deal for Kizoo.

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