SHIFTit Health

SHIFTit Health

Open  for investment

About this raise

SHIFTit Health, with a valuation of $15 million, is raising funds on Wefunder. The company has developed a SaaS marketplace for staffing healthcare workers. SHIFTit Health uses tech instead of middlemen staffing agencies and already has 19 hospitals and 1,200 facilities under contract. The marketplace makes staffing automated for the facilities and helps healthcare workers achieve flexibility and maintain a healthy work-life balance. Souheil Jawad and Zainab Naqvi founded SHIFTit Health in December 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.2 million. The campaign proceeds will be used for product development, marketing and customer acquisition, operational support, legal and compliance, research and development, and customer support enhancement.

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Investment Overview

Committed this round: $116,350

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
02/21/2025
Close Date
06/21/2025
Min. Goal
$50,000
Max Goal
$1,200,000
Min. Investment

$250

Security Type

SAFE

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Early Bird Val. Cap

$13,500,000

Valuation Cap

$15,000,000

Discount

10%

Company & Team

Company

Year Founded
2021
Industry
Healthcare & Pharmaceuticals
Tech Sector
MarketplaceTech
Location
Beverly Hills, California
Company Website
Visit Website

Team

Employees
6

Financials

as of Fiscal Year 2024
 Revenue
$26,997
 Monthly Burn
$40,665
 Runway
0.2 months
Gross Margin
90%

Summary Profit and Loss Statement

FY 2024 FY 2023

Revenue

$26,997

$0

COGS

$2,575

$0

Tax

$0

$0

 

 

Net Income

$-487,980

$-258,547

Summary Balance Sheet

FY 2024 FY 2023

Cash

$8,147

$3,735

Accounts Receivable

$0

$0

Total Assets

$273,499

$53,687

Short-Term Debt

$0

$0

Long-Term Debt

$550,000

$0

Total Liabilities

$550,000

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
06/21/2025 Wefunder $15,000,000 $116,350 SAFE Active RegCF / RegD 506(c)
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Add to portfolio
SHIFTit Health on Wefunder 2025
Platform: Wefunder
Security Type: SAFE
Valuation: $15,000,000

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