The round was led by Caffeinated Capital with participation from Brainchild Holdings and Haystack Fund.

The company intends to use the funds to further accelerate its growth.

Launched in 2015 by Andrew Hess and Philip Thomas, Staffjoy took the algorithms that big corporations use to schedule thousands of workers and made them available to small businesses. The company has now launched Staffjoy V2, a low cost solution for small and medium sized businesses to improve and streamline the scheduling process, which features a text bot to reach workers without smartphones or email addresses.

The web app allows managers to schedule their hourly employees by dragging and dropping to assign shifts to employees. When it's all ready to go and managers publish, employees get alerts about their new shifts by text message on any mainstream cell phone.