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Shyft Revenue & Funding (2024)

Shyft generated an estimated $5M in annual revenue in 2024. Source: GetLatka estimate

Shyft is a mobile-first workforce management app for engaging hourly workers and driving efficiency on the frontline. Start evolving your workforce management strategy by visiting myshyft.com.

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Shyft Revenue

In 2024, Shyft's revenue reached $5M. The company previously reported $3M in 2020.

Shyft Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$1.3M$2.5M$3.8M$5M$6.3M201520172019202120232024$0$3M$5MSource: GetLatka.com
YearMilestoneSource
2024Shyft Hit $5m revenue in June 2024Estimated
2020Shyft Hit $3m revenue in August 2020Not recorded
2015Launched with $0 revenue

Shyft Valuation, Funding Rounds

Shyft has not publicly disclosed its valuation. The company has raised $8.1M in total funding to date.

Shyft has raised $8.1M in total funding across 3 rounds, most recently a $6.5M Series A round in 2018.

Shyft Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$2M$0.4$4M$0.6$6M$0.8$8M$1$10M2015201620172018Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2018Series A$6.5M--Not recorded
2016Seed$1.5M--Not recorded
2016Convertible Note$100K--Not recorded

Shyft Employees & Team Size

Shyft employs approximately 11 people as of 2026, including 2 sales reps that carry a quota.

Shyft Team GrowthReported headcount over time0815233038201520172019202120232024001111Source: GetLatka.com
YearMilestoneSource
2024Reached 11 employees (October 2024)Not recorded
2020Reached 11 employees (August 2020)Not recorded
2019Reached 32 employees (December 2019)Not recorded
2018Reached 29 employees (December 2018)Not recorded

Frequently Asked Questions about Shyft

What is Shyft's revenue?

As of 2024, Shyft generated an estimated $5M in annual revenue.

Who founded Shyft?

Shyft was founded by Brett Patrontasch.

When was Shyft founded?

Shyft was founded in 2015.

Who is the CEO of Shyft?

The CEO of Shyft is Brett Patrontasch.

How much funding does Shyft have?

Shyft raised $8.1M across 3 rounds.

How many employees does Shyft have?

As of 2024, Shyft had 11 employees.

Where is Shyft headquartered?

Shyft is headquartered in Seattle, Washington, United States.

Compare Shyft to the industry

Shyft operates across multiple industries. Browse revenue, funding, and growth data for Shyft in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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