Solving the U.S. labor shortage was a big theme amongst DFW tech companies last week. One startup using AI to help understaffed hospitals raised funding, and another digital platform connecting employers with employees launched a new solution. Catch up on the latest. This is the Built In DFW weekly refresh.
Shiftsmart secured $95M. Shiftsmart, a jobs marketplace, announced it secured $95 million in a Series B funding round led by D1 Capital Partners. The investment came after Shiftsmart experienced significant growth during the start of the pandemic when workers were laid off en masse. Now, with a workforce shortage, investors see the Shiftsmart platform as a way to connect employers to skilled talent. Shiftsmart has 50 employees in Dallas but its executives are based in New York. [Built In DFW]
Solutions by Text (SBT) secured $35M. SBT enables finance companies to use text messaging services for marketing needs and to communicate with customers. The fintech company announced it secured a $35 million growth equity investment and also appointed a new CEO, David Baxter. Baxter previously served as senior vice president at ACI Bill, a Nebraska-based software company. [Built In DFW]
DFW Tech Quote of the Week
QliqSoft launched medical chatbots. Another DFW startup aiming to solve the labor shortage is QliqSOFT. Last week, the company launched its Chatbot Marketplace, which offers over 20 chatbots with unique medical applications in clinic, hospital or surgical settings. The AI-powered chatbots are intended to automate administrative tasks and can help with patient intake, provide Covid-19 test results and communicate post-operative follow-ups. [Built In DFW]
Cyber Group purchased a new HQ. Cyber Group announced it purchase a new headquarters in Plano, that will triple its physical office space. Cyber Group offers software integrations for Salesforce. The company’s CEO told Dallas Business Journal that the move and expansion are in part to offer workers hybrid working options and to interact with customers in person. [Dallas Business Journal]