Shyfter, a Brussels, Belgium-based HRTech scale-up specializing in SaaS workforce management solutions, has raised €1.5 million in funding.
Investors
The round was led by early investor Mike Vandenhooft, alongside new investor welovefounders.
Mike Vandenhooft is a Belgian entrepreneur, angel investor, and co-founder of Newpharma.
Shyfter Use of Funds
The company will use the funds to accelerate its international growth in France, Spain, and the Netherlands.
About Shyfter
Founded in 2019 by Lionel Hermans and Vincent Baille, Shyfter is a cloud-based HR and workforce management platform designed to streamline employee scheduling, time tracking, and payroll processes. Its SaaS platform allows companies to plan team schedules with just a few clicks, manage time tracking (punching, overtime, leave), and automate many HR and payroll tasks through advanced integrations. The platform serves nearly 1,800 clients, ranging from SMEs to large enterprises like Burger King and KFC.
Funding Details
Company: SHYFTER SA
Raised: €1.5M
Round: Unknown
Funding Date: May 2025
Lead Investor: Mike Vandenhooft
Additional Investors: welovefounders
Company Website: https://shyfter.co/
Software Category: HRTech / Workforce Management SaaS
Source: https://www.eu-startups.com/2025/05/brussels-based-hrtech-scale-up-shyfter-raises-e1-5-million-to-step-on-the-accelerator-and-expand-into-key-markets/