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Funding announcements: ShiftKey; RefAssured

January 13, 2023

ShiftKey announced a funding round of $300 million, according to reports. RefAssured announced a pre-seed funding round from Bullhorn Ventures.

ShiftKey

Dallas-based ShiftKey announced that it has closed on a funding round sponsored by majority investor Lorient Capital, a private investment firm, and said it is now valued at more than $2 billion. Separately, Crunchbase News reported the round was for $300 million.

ShiftKey’s platform allows healthcare facilities to bring in and schedule on-call staff such as nurses. It attempts to eliminate the need for hospitals to use healthcare staffing firms by providing access to ShiftKey’s own software for credentialing, managing schedules and posting open orders.

Lorient’s investment was completed through a continuation fund that was led by the Ares Management Secondaries funds and Pantheon. Additional investors participating along with Lorient, Ares, and Pantheon include Clearlake Capital and Health Velocity Capital.

RefAssured

RefAssured announced it secured pre-seed funding led by Bullhorn Ventures and several other staffing industry entrepreneurs. The value of the pre-seed funding was not announced.

San Francisco-based RefAssured’s product automates reference checking for staffing firms.

The seed funding round will go toward product development, deepening automation capabilities, to advance integration with partners and to expand its customer base.