ShiftKey, Technologies Business Reworking Upcoming of Function, Closes Money Raise | Company

DALLAS–(Business enterprise WIRE)–Jan 11, 2023–

ShiftKey, a Dallas-primarily based technology business reworking the potential of do the job by empowering certified professionals to hook up right with health care amenities with open workforce desires, declared now that it has closed on a funding round sponsored by greater part investor Lorient Money, valuing the business in surplus of $2 billion.

Lorient’s investment was finished by a continuation car or truck that was led by the Ares Administration Secondaries cash and Pantheon. Additional buyers taking part along with Lorient, Ares, and Pantheon consist of Clearlake Capital and Overall health Velocity Funds.

“ShiftKey is switching the long run of operate by empowering certified experts to have the flexibility and adaptability to decide on when, in which and how they want to operate,” claimed David Berman, controlling partner of Lorient Funds. “We are energized to realign our trader foundation all-around ShiftKey’s lengthy-time period system to become the preeminent technological know-how platform powering the long run of accredited perform.”

“Nurses proceed to choose to get the job done on their have phrases,” mentioned Tom Ellis, founder and CEO of ShiftKey. “Our vision is to empower nurses and other licensed pros through the blend of our main market item together with more technologies and equipment these as scheduling, payments, education and learning, and credentialing. We are appreciative for the aid of our investors who share in this objective.”

ShiftKey’s application now enables perform for hundreds of 1000’s of licensed experts across in excess of 10,000 health care amenities nationwide.

Goldman Sachs and Aviditi Advisors acted as advisors and placement agents to Lorient Funds. McDermott Will & Emery and Gibson Dunn were being authorized advisors.

About ShiftKey

ShiftKey is a system that is disrupting the way healthcare services locate certified and certified gurus to fill obtainable shifts. Leveraging market dynamics and deep marketplace information, the organization is playing a critical part in mitigating America’s healthcare staffing shortages, enabling immediate connections involving services and health care industry experts. By offering the option to operate as much or as tiny as they opt for and putting the electric power back again into the palms of health care staff, ShiftKey is bringing a lot more certified pros again into the workforce, a remedy that is resolving a important disaster in healthcare. For additional information, take a look at www.ShiftKey.com.

About Lorient Capital

Lorient Capital is a private expenditure business that targets fairness investments in health care products and services and technological innovation businesses. Leveraging its experience as both investors and healthcare operators, Lorient operates with founders and administration teams to drive expansion, optimize operations, and make improvements to health care outcomes. The organization invests in money stream good enterprises at an inflection issue that demands added capital and expertise to just take the business through the up coming phase of progress.

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Speak to: Lorianne Walker

Curley Company for ShiftKey

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

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