Highland Europe has invested $45m in Snapshift, the HR platform for managing the deskless workforce.
Highland Europe led the round with participation from existing investors Bpifrance and UL Invest.
International law firm advised Highland Europe with a team led by its French head of corporate Catherine Olive and including counsel Florent Gurlie and associate Cyrille d’Amécourt.
Snapshift is beginning a major push into new markets and plans to hire 150 people in 2022, tripling its size, to become the leading People Operating System for the deskless workforce in Europe.
Following huge demand for its services in 2021, Snapshift now supports more than 6,000 customers including Subway, Pizza Hut, Spar, Amorino, Biocoop, Fitness Park, Columbus Cafe and Carrefour to better manage their deskless workforces with 100,000 employees using the app.
The Series A round will enable Snapshift to expand to all SMEs in the restaurant, hotel and retail sectors in Europe, with Spain as its first international target market.
Osborne Clarke has also recently advised Highland Europe on a number of investments across Europe. These include SoSafe in Germany, Podimo in Sweden and ME+EM in the UK.
Osborne Clarke’s Corporate team is a go-to practice for companies in the Tech, Media and Comms sector. Its clients range from global businesses to fast-growth start-ups and market challengers. The team advises at every stage of company development across all corporate issues, from equity and debt fundraisings to M&A, IPOs and JVs.
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