Restaurant scheduling platform 7shifts nabs $13.4 mln Series A

7shifts, a Saskatoon-based restaurant employee scheduling solution, has raised about $13.4 million (US$10 million) in a Series A financing. Napier Park Financial Partners, the private equity group of U.S. investor Napier Park Global Capital, led the round. It was joined by Teamworthy Ventures, existing backer Relay Ventures and former Snag CEO Peter Harrison. The funds raised will be used to accelerate the company's growth and enhance its product suite. Founded in 2014, 7shifts provides software to help restaurant operators and employees manage scheduling, team communication and shift feedback. The technology is used by more than 250,000 industry professionals worldwide.