ShiftKey, Technological know-how Enterprise Reworking Long run of Get the job done, Closes Capital Raise | Organization

DALLAS–(Enterprise WIRE)–Jan 11, 2023–

ShiftKey, a Dallas-primarily based technologies firm reworking the future of work by empowering certified industry experts to connect right with healthcare services with open up workforce demands, introduced right now that it has closed on a funding round sponsored by the greater part investor Lorient Funds, valuing the organization in excess of $2 billion.

Lorient’s expenditure was concluded via a continuation automobile that was led by the Ares Management Secondaries money and Pantheon. Additional traders participating along with Lorient, Ares, and Pantheon include things like Clearlake Funds and Health and fitness Velocity Capital.

“ShiftKey is switching the potential of function by empowering certified experts to have the flexibility and overall flexibility to pick when, in which and how they want to work,” explained David Berman, controlling associate of Lorient Capital. “We are fired up to realign our trader base close to ShiftKey’s prolonged-expression strategy to develop into the preeminent technological know-how system powering the future of accredited work.”

“Nurses go on to pick to operate on their have terms,” reported Tom Ellis, founder and CEO of ShiftKey. “Our eyesight is to empower nurses and other accredited gurus by the combination of our main market merchandise along with additional engineering and equipment these as scheduling, payments, education and learning, and credentialing. We are appreciative for the guidance of our buyers who share in this goal.”

ShiftKey’s software package now permits function for hundreds of thousands of certified pros throughout above 10,000 health care facilities nationwide.

Goldman Sachs and Aviditi Advisors acted as advisors and placement brokers to Lorient Money. McDermott Will & Emery and Gibson Dunn ended up authorized advisors.

About ShiftKey

ShiftKey is a system that is disrupting the way health care services uncover licensed and certified industry experts to fill obtainable shifts. Leveraging marketplace dynamics and deep industry awareness, the firm is enjoying a crucial purpose in mitigating America’s healthcare staffing shortages, enabling direct connections in between services and healthcare professionals. By featuring the chance to do the job as much or as little as they decide on and putting the energy back into the hands of healthcare employees, ShiftKey is bringing more certified experts again into the workforce, a remedy that is solving a key crisis in healthcare. For far more data, visit www.ShiftKey.com.

About Lorient Capital

Lorient Funds is a non-public investment decision organization that targets fairness investments in health care companies and know-how firms. Leveraging its experience as both of those investors and health care operators, Lorient will work with founders and administration groups to drive growth, enhance operations, and make improvements to healthcare results. The business invests in money circulation beneficial businesses at an inflection issue that calls for more funds and expertise to get the organization by the future phase of development.

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Get in touch with: Lorianne Walker

Curley Business for ShiftKey

[email protected]

410.688.1330

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PUB: 01/11/2023 10:30 AM/DISC: 01/11/2023 10:32 AM

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