Skello
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Skello raises $47.3 million for its employee scheduling tool
French startup Skello has raised a $47.3 million funding round (€40 million). The company has been working on a software-as-a-service tool that lets you manage the work schedule of your company. What makes it special is that Skello automatically takes into account local labor laws and collective agreements.
Partech is leading today’s funding round. Existing investors XAnge and Aglaé Ventures are also participating. The startup had previously raised a €300,000 seed round and a €6 million Series A round in 2018.
Skello works with companies across many industries, such as retail, hospitality, pharmacies, bakeries, gyms, escape games and more. And many of them were simply using Microsoft Excel to manage their schedule.
By using Skello, you get an online service that works for both managers and employees. On the manager side, you can view who is working and when. You can assign employees to fill some gaps.
For employees, they can also connect to the platform to see their own schedule. Employees can also say when they are unavailable and request time off. And when something unexpected comes up, employees can trade shifts.
“We really want to put employees at the center of the product,” co-founder and CEO Quitterie Mathelin-Moreaux told me. “They have a mobile app and the idea is to make the work schedule as collaborative as possible in order to allocate resources as efficiently as possible and increase team retention.”
At every step of the scheduling process, Skello manages legal requirements. For instance, Skello remembers mandatory weekly rest periods. The platform knows that your employees can’t work across a long time range. And Skello can count overtime hours, holiday hours, Sunday shifts, etc.
When you’re approaching the end of the month, Skello can generate a report with everyone’s timesheet. You can integrate Skello directly with your payroll tool to make this process a bit less tedious as well.
Skello is currently used across 7,000 points of sale. Now, the company wants to expand to more European countries and increase the size of the team from 150 employees to 300 employees by 2022.
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Skello raises $6.9 million for its staff management service
French startup Skello just raised a $6.9 million funding round (€6 million) from Aglaé Ventures, XAnge, Jean-Baptiste Rudelle and existing investors Thomas Landais, Guillaume le Dieu de Ville and Gilles Blanchard.
The startup is helping bar, restaurant and hotel managers keep track of all the shifts and staffing issues. Skello uses a software-as-a-service approach to help you save time on pesky admin tasks.
After setting up your rules, you can easily generate shifts. Waiters, receptionists and other staff members receive their schedule via email and SMS. Employees can also request shift changes, say when they’re unavailable and make sure everything is taken into account.
At the end of the month, Skello can generate detailed reports with bonuses, leaves, etc. Everything is then exported to payroll solutions. And of course, Skello helps you visualize how much you’re spending on staff, if you’re keeping costs under control and more.
There are many companies trying to do the same thing. But in reality many bars and restaurants still rely on Excel. Chances are it works quite well if you’re running a small business. But it doesn’t scale well. 30,000 employees are now using Skello every day. Alain Ducasse, Planet Sushi and AccorHotels’ Ibis are using Skello.
With today’s funding round, the company first wants to expand to new categories, such as retail and healthcare. Skello then plans to expand to other European countries.
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