Snapshift is a Parisian startup that has just lately made the scoop in trade circles with its $45 million spherical of investor backing. The corporate focuses on offering internet answers for the team of workers control of eating places. When you’re now not but acquainted with this corporate, listed below are twenty issues you almost certainly didn’t find out about Snapshift to carry you present.
1. Snapshift caters to a selected trade
Snapshift is a generation corporate that serves shoppers within the eating place trade. The startup supplies tool for the control of team of workers in eating place settings. The tool platform supplies eating place homeowners with gear for growing on-line contracts, proofs, endorsements, schedules, timesheets, and go away requests. It strikes all team of workers control duties to 1 handy position on-line, to make the process more uncomplicated for homeowners and bosses. It streamlines administrative duties, leaving homeowners extra time to concentrate on the wishes in their consumers, in keeping with Crunchbase.
2. Snapshift has been round for some time
Snapshift isn’t a brand spanking new corporate. It introduced its operations in 2016. As of 2022, Snapshift may have been in trade for 6 years. It’s a data generation corporate that gives tool answers for eating places. The headquarters is in Paris, France. Because of this many readers in The united states have now not but heard of the trade.
3. Snapshift’s website online makes use of a posh array of applied sciences
Snapshift has a website online should you’re eager about testing its services and products. The website online actively makes use of forty-three applied sciences to energy its website online. Those applied sciences are dispensed throughout thirty-three generation services and products to reach a clean and seamless revel in for guests. A few of these generation services and products come with Google Analytics, HTML 5, Viewport Meta, iPhone Cellular Suitable, SSL via Default, jQuery, and dozens extra.
4. Snapshift has an excellent selection of downloads
The tool answers that Snapshift gives its services and products to shoppers in a downloadable shape from its website online. The analytics experiences for the corporate display that within the final thirty days, 4,747 downloads of the systems had been finished. This represents a decline within the selection of per month downloads of four.41 p.c. The preferred app downloads are Snapshift and SnapPad, accessed via Google Play and iTunes Attach.
5. Snapshift’s website online is attracting excessive volumes of site visitors
The analytics file for the Snapshift website online displays that the selection of per month visits has grown during the last thirty days via 44.82 p.c. This can be a vital building up. The overall selection of per month visits was once 184,575. Snapshift’s website online is ranked as quantity 211,819, via internet quantity of the thousands and thousands of web sites registered at the around the world internet. While you take a look at the full selection of visits and examine it with the selection of downloads, it seems that that the conversion price from consult with to obtain may use some development.
6. Snapshift is the preferred in France
100% of the internet site visitors to the Snapshift website online is from folks dwelling within the nation of France. This tells us that the corporate is concerned about promoting its services and products to French customers. It additionally tells us that there’s abundant room for the trade to develop and make bigger additional into the Eu marketplace and past. We see no proof of penetration into different markets all over the arena. The house-based technique is recurrently utilized by firms getting their startups firmly established and on forged monetary footing prior to creating a transfer into global markets. Up to now, Snapshift has performed a just right process of securing its posturing within the trade inside the French marketplace.
7. Snapshift is a challenge capital-backed undertaking
Snapshift has participated in 3 rounds a chance capital fundraising. The newest spherical of Collection A investment closed on February 3, 2022. The overall quantity raised is $49.3 million. The primary spherical of VC fundraising happened on Might 15, 2017, with a Seed Spherical with two buyers. The second one spherical was once hung on November 19, 2019, elevating 3.5 million Euros. The 3rd spherical introduced in an extra $45 million with 3 buyers. The most recent spherical of fundraising displays a vital building up within the investment buyers had been prepared to position into the corporate, which means that we’re going to peer some large adjustments occur quickly.
8. Investor self belief in Snapshift is excessive
Snapshift has effectively attracted the pastime and make stronger of 5 main challenge capital buyers with two of them taking the lead. The newest firms to enroll in within the fundraising efforts are Bpifrance and Highland Europe, the latter a lead investor led via Jean Tardy-Houbert. They’re joined via UL Make investments, Femmes Trade Angels, and Paris Trade Angels. The 2 latter companies invested in Snapshift’s Seed Spherical of investment.
9. Snapshift is a privately held undertaking
Snapshift has maintained personal keeping standing since its inception in 2016. The landlord of the corporate has opted to stay the corporate privately held and has now not but filed for an preliminary public providing to take the trade to the general public enviornment. Because of this you received’t in finding inventory stocks of Snapshift to be had on any of the general public inventory exchanges. It’s only funded via angel buyers and personal challenge capital firms. Our analysis has now not published any plans for Snapshift to head public someday, no less than now not but.
10. Snapshift seeks to beef up verbal exchange within the eating place trade
Techcrunch experiences that the Snapshift platform has its position in an trade this is suffering to care for staffing. The sector goes via an generation known as “Nice Resignation” as a result of the mass selection of people who find themselves adjusting to a brand new international order attributable to the hot pandemic. Corporations are suffering to draw, rent, and retain employees, in particular within the eating place trade. The tech answers lend a hand eating place homeowners to offer higher communications about scheduling paintings assignments in a web-based atmosphere for more uncomplicated get entry to. The tool makes it more uncomplicated for managers and employees to get entry to essential paperwork and publish them electronically, to chop down on the effort and time required for those processes.
11. Snapshift is following trendy developments
Snapshift is helping its shoppers to evolve to the brand new trendy applied sciences to be in contact with its group of workers. It’s streamlining and modernizing the eating place trade, making a deskless group of workers that isn’t weighed down with following elusive paper trails. It indicators a metamorphosis for the blue-collar group of workers in a brand new trendy manner of doing issues this is extra environment friendly and not more bulky.
12. Snapshift’s numbers soared with the pandemic
The pandemic has damaged many companies, however we’ve observed a upward push in tech firms that provide significant services and products all the way through a time of monetary battle. Snapshift has observed an upsurge within the call for for its services and products for the 2021 trade 12 months. Reviews display that the corporate has secured greater than 6,000 consumers. Lots of them are high-profile companies comparable to Carrefour, Biocoop, Health Park, Columbus Cafe, Pizza Hut, Amorino, Spar, and hundreds of others.
13. Snapshift is gearing up for enlargement
The hot inflow of investor investment gifts Snapshift with the monetary leverage to develop and make bigger its operations. The trade plans to make bigger its tool to all retail sectors in Europe, within the eating place and resort industries. The strategic plan objectives Spain as the primary nation it plans to go into. If Snapshift follows via with its plans, the answers will quickly be introduced all over the entire of Europe.
14. Snapshift was once born out of a private want
The author of Snapshift is the landlord of the corporate. Olivier Severyns is a cafe entrepreneur who skilled difficulties managing his team of workers rotas. he created Snapshift to raised organize his eating place endeavors. Its effectiveness impressed him to create a startup to provide the applied sciences and services and products to different companies, and that is how Snapshift was once created. Seversyns discovered that he had a marketable product that will lend a hand numerous others to resolve an identical issues he skilled within the eating place trade.
15. Snapshift is on a undertaking
The undertaking of Snapshift is to lend a hand SMEs to optimize all purposes which can be associated with human sources purposes. its answers transcend team of workers scheduling to incorporate payroll control and the complicated processes concerned with workers and the corporate. The function is to optimize every procedure to streamline and modernize them and supply steering for eaterie team of workers and workers to create a clean and seamless trade. Implementation of the machine will expectantly create an atmosphere to retain extra eating place team of workers for longer. There’s a excessive attainable for lowering the excessive turnover charges. The possibility of saving money and time in coaching related to new workers is a byproduct of the brand new machine that creates some other receive advantages.
16. Snapshift plans to double its group of workers
Snapshift has a present group of workers of just a little over seventy employees at its Paris, France headquarters. The function of the management is to greater than double that quantity to 1 hundred and fifty team of workers via the top of 2022.
17. Snapshift has some stiff pageant
Snapshift isn’t the one corporate that gives scheduling and control answers. Its largest pageant is Excel. Many of the shoppers it these days serves are shifting from Excel to Snapshift to modernize their virtual scheduling answer and transfer clear of merchandise now not in response to a web-based platform. Different competition of Snapshift are Planday, an organization out of Denmark, which simply raised greater than $73 million from its buyers, and Skello, some other French corporate that just lately raised greater than $54 million for its expansion and enlargement. The Device As A Carrier trade is alive and neatly. From all appearances, there may be room for extra, and Snapshift is getting into at the motion. Those are the 4 suppliers who move face to face to draw the eye and self belief of businesses wanting the control gear they provide.
18. Snapshift is hiring
In keeping with its LinkedIn web page, Snapshift is starting to satisfy its dedication to expansion and increasing its group of workers. The corporate has indexed twenty-nine new process openings at the website. Up to now, the entire new jobs are for brand new team of workers individuals to paintings on-site on the Paris, France headquarters. It seems that that Snapshift is construction its infrastructure at its house headquarters prior to it expands into global territories. Their technique contains including new engineers, builders, and tech positions. They’re additionally including product managers, advertising and marketing operations managers, a head of brand name and content material, and a lot of different process openings that display they’re increasing their government and control groups with high-ranking positions. The roles center of attention on operations, advertising and marketing, and product building. The corporate is getting into a thrilling new building segment and enlargement because it prepares to take Snapshift across the world.
19. Snapshift guarantees higher freedom for shoppers
Snapshift gives attainable new shoppers a easy promise. This is to loose extra in their time to concentrate on the issues that subject. It’s a super but easy promoting technique that captures the eye of overworked and wired eating place homeowners and bosses. It entices them to seem nearer on the tool answers that cut back the time spent on administrative duties. The corporate gives a demo model of the tool for the ones to take a look at it out without charge. If it’s a just right have compatibility, they provide subscription plans to get began.
20. Snapshift is a corporation to stay your eye on
Snapshift isn’t the one tool corporate that provides scheduling and trade control tool answers, however it’s distinctive. Even though it’s these days most effective open to non-public buyers, that can alternate within the months and future years. Snapshift is a corporation this is at the transfer and rising. They’ve now not but introduced any plans to transport out of doors the Eu marketplace with their tool answers. The transfer into different nations indicates a possibility to modify the way in which companies within the eating place and resort sector perform. It gives a glimmer of hope for the ones hoping to draw and retain a extra devoted group of workers.