GET A PIECE OF SHIFTPOSTS BY FOURQ TECHNOLOGIES, INC.
Real-Time Staffing For Healthcare
ShiftPosts is a real-time digital staffing platform aiming to revolutionize healthcare employment by eliminating the extraordinary expense & an otherwise possible months-long search.
$27,294.97 Raised
REASONS TO INVEST
ShiftPosts aims to revolutionize healthcare staffing with its real-time digital platform. Our platform consolidates numerous tasks into 2-3 seamless actions, making staffing a breeze for medical facilities.
We believe our traction is growing as we tackle the multi-billion-dollar healthcare staffing sector. With significant total revenue and successful investments from key players in healthcare, we believe ShiftPosts is gaining momentum.*
Led by an experienced CEO with a track record of launching successful tech companies and backed by a team with unparalleled connections in the healthcare industry, we believe ShiftPosts is primed for success.
the pitch
Our Gold Standard For Efficient Healthcare Hiring
ShiftPosts is your gateway to seamless healthcare staffing. Our real-time digital platform pre-qualifies HC professionals, eliminating the tiresome 8-9 month wait. With just 2-3 actions, medical facilities can easily fill shifts, banishing short-staffing forever.
Our CEO, a renowned serial entrepreneur, has a track record of successfully launching tech-driven companies, and her expertise has been recognized by major tech giants like Microsoft, SunMicro and Oracle. Backed by a diverse and experienced team, including Dave McLean, who has achieved successful exits for CVS and other industry giants including United Healthcare, and Pat Fry, who is the recently retired CEO of Sutter Health, and one of the industry’s most esteemed CEOs, we believe we are positioned for growth.
The Problem & Our Solution
A Human-Centric Solution For Seamless Efficiency
The healthcare industry faces a daunting challenge with its documentation and compliance requirements, leading technology companies to offer solutions that merely digitize parts of the complex process, ultimately adding to the administrative burden. Consequently, staffing costs are inflated and staff shortages growing, leading to more dependence on outsourcing. Then those agencies mark up wages significantly. Hiring full-time employees can be a lengthy and expensive ordeal, taking up to 9 months and incurring average expenses of $52,350 for candidate processing (Source). The intricacies of staff and shift management involve juggling resources, locations, union participation, and seniority. Current solutions fracture the process, making it expensive and contributing to staff burnout.
ShiftPosts introduces a new perspective. Staffing is fundamentally "human-centric," relying on understanding effective human interactions. We believe our platform revolutionizes this process by automating administrative tasks and empowering schedulers with intuitive actions, streamlining their workload to just a few swipes. We create a seamless workflow that effortlessly integrates with the existing healthcare environment's multiple systems. Offering subscription and transactional contracts, companies can test our platform by posting a shift and approving a hire, benefiting from seamless invoicing and tax management. As they experience the platform's advantages with occasional workers, many transition to Subscription to manage internal and external resources effortlessly.
ShiftPosts breaks free from the norm, taking a human-centric approach to revolutionize healthcare staffing. By taking a holistic approach to the process and reducing over 50 tasks into just 2-3 intuitive actions, we automate administrative burdens, empowering schedulers to make informed decisions effortlessly. Seamlessly integrating with healthcare systems, our platform creates a truly efficient workflow, enabling healthcare professionals to match to shifts with ease. With ShiftPosts, we believe the future of staffing is within reach, offering an optimized, seamless experience for healthcare staffing like never before.
The Market & Our Traction
Empowering the Workforce of Tomorrow
ShiftPosts addresses the ever-evolving gig economy and the shifting mindset of the global workforce. With workers seeking control rather than being controlled, the burden of finding and retaining skilled professionals falls on operators. While job marketplaces have emerged, they fail to effectively solve the problem. ShiftPosts steps in as the much-needed point of mediation, striking a balance between the needs of workers and employers.
Our primary focus lies in the healthcare sector, starting with retail and hospital pharmacy staffing and extending to well-defined medical practices, such as anesthesiologists and the front lines of emergency medical services. With a staggering healthcare staffing sector worth over $30 billion annually for just a few roles, and rising to trillions when considering all credentialed positions, the market holds immense potential for our platform (Source).
As evidence of our potential growth, we’ve achieved a remarkable +126% year-over-year growth rate from 2021 to 2022.
After 2.5 years of pursuit, the largest Rx providers in Canada recognized our platform’s value and demanded a contract, as our platform became the preferred work manager for their best resources. Additionally, ShiftPosts was featured as the top staffing solution in healthcare by HR Tech Magazine, solidifying our position as the #1 staffing resource company across Canada. Furthermore, in just under 3 years, over 70% of all retail pharmacies and hospitals in Canada have registered on our platform, resulting in a 20% wage increase for healthcare professionals and a 70% reduction in skills acquisition costs for providers.
Having previously raised a total of $4.7 million, ShiftPosts’ current investor base comprises seasoned healthcare executives and professionals with successful financial exits in the industry. ShiftPosts’ contract partnerships with industry giants like McKesson, Rexall, and Shoppers Drug Mart reaffirm our proven product-market fit and outstanding opportunity as we enter the U.S. market. With a track record of success, even during the challenging circumstances of the Covid years, we believe ShiftPosts stands ready to revolutionize healthcare staffing on a global scale.
Why Invest
Invest in the Future of Healthcare Staffing
*The above testimonials may not be representative of the opinions or of the experiences of other ShiftPost users and is not a guarantee of future performance or success.
What sets ShiftPosts apart is our vision to empower both healthcare professionals and employers in the gig economy era. We provide a transformative solution that allows professionals to work on their terms, breaking free from rigid schedules and achieving better earning opportunities. Nearly a third of our registered healthcare professionals have already embraced this flexibility, opting for on-demand work as the form of employment that complements their personal needs and lifestyle while earning more than their full-time counterparts.
Following a period of intense demand and overtime due to Covid, healthcare professionals are burnt out and abandoning their profession at a staggering pace. They are seeking a different form of employment, one that adapts to their lifestyle. With ShiftPosts in place they have an on-ramp back to the profession they have a passion for, on a schedule they determine.
For healthcare providers, ShiftPosts identifies both internal and external resources as one pool of talent. It right sets their expectations for staffing and scheduling based on availability NOT a forced structure that typically follows accounting rules and not human capacity. The ShiftPosts platform reveals underutilized resources locally while meeting strict considerations on who can work, reducing the cost of sourcing talent, administration and time to fill a schedule to a few minutes.
As we venture into the U.S. market, we believe we are equipped with a proven product-market fit and a track record of success thus far – even during adverse conditions. With an experienced and diverse leadership team, led by our visionary CEO with a history of successful tech company launches, we are ready to drive ShiftPosts to new heights.
Invest in ShiftPosts today and join us on this exciting journey to build a brighter and more efficient future for healthcare staffing.
ABOUT
HEADQUARTERS
10203 Arcola Lane North
Stillwater, MN 55082
WEBSITE
View Site
ShiftPosts is a real-time digital staffing platform aiming to revolutionize healthcare employment by eliminating the extraordinary expense & an otherwise possible months-long search.
TEAM
Elizabeth Cooper
Chairman of the Board, Chief Executive Officer
Patrick Fry
Board Member
Dave McLean
Co-Founder , Board Member
Previously, Dave was CEO of United Resource Networks at United Health Group, a business that managed organ and tissue transplants for 45 million payer lives, and SVP at American MedCenters, an HMO management company. Dave holds a BS in Pharmacy from Ohio State University and a Ph.D. from the University of Minnesota.
Dave has 40+ years of healthcare experience, including CEO positions at NovoLogix, RxHub, and United Resource Networks. He started as a pharmacist and recently sold Medication Management Systems a precursor to FourQ Technologies Inc. Resulting profits from the sale benefited industry giants including CVS. Dave now serves as CEO of Emerging Therapy Solutions, Inc. and remains an active industry speaker.
Ryan Mace
Director of Business Development
Barteck Jach
Product Ops
Garrett Peterson
Paid Media Analyst (Part-Time)
Garrett has gained experience building strong client relationships through meaningful communication and is committed to staying ahead of industry trends, continuously enhancing my skills and knowledge.
Part Time: 5-7 Hours per week.
Nancy Benjamin
VP of Marketing (Part-Time)
Part Time: 5-6 hours per week.
Aaron Lutz
PPC Strategist (Part-Time)
Part Time: 2-4 hours per week.
Nikita Krebs
Senior Digital Project Manager and Team Lead (Part-Time)
Since April 2013, Nikita has dedicated her career to the dynamic field of digital marketing. Her journey has led me to my current role as a Digital Marketing Project Manager at Avalaunch Media, where she has contributed her strengths since November 2018. She thrives in this fast-paced environment, working closely with our partners to develop and execute digital marketing campaigns that drive measurable results.
Part Time 2-4 hours per week.
Aaron Marks
Digital Marketing Strategist (Part-Time)
At Avalaunch Media he provides digital marketing strategy and guidance to clients all over the country. He is currently the race director for the Avalaunch Gives Back 5k every fall, and is in the process of building a new department at Avalaunch that focuses on Traditional Media Placement.
In addition to his work at Avalaunch, he is also an Adjunct Professor for Intro to Digital Marketing at the Woodbury School of Business at Utah Valley University.
Aaron graduated from Virginia Tech with a degree in Mass Communications and Broadcasting in 2005, and earned his masters degree specializing in Digital Marketing at Rutgers Business School in 2021.
Part Time: 5-8 hours per week
TERMS
ShiftPosts by FourQ Technologies, Inc.
Overview
PRICE PER SHARE
$7.91
DEADLINE
Dec. 28, 2023 at 7:59 AM UTC
VALUATION
$16.77M
FUNDING GOAL
$10k - $618k
Breakdown
MIN INVESTMENT
$355.95
MAX INVESTMENT
$617,976.66
MIN NUMBER OF SHARES OFFERED
1,264
MAX NUMBER OF SHARES OFFERED
78,126
OFFERING TYPE
Equity
ASSET TYPE
Preferred Stock
SHARES OFFERED
Series B Preferred Shares
Maximum Number of Shares Offered subject to adjustment for bonus shares
*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.
Voting Rights of Securities Sold in this Offering.
Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.
Loyalty Bonus | 5% Bonus Shares
As you have previously invested in FourQ Technologies, Inc., you are eligible for additional bonus shares. Note: Loyalty Bonus is awarded via investor email address.
Investment Incentives
Combo/Avid Investor Perk
Early Bronze
Invest $585+ within the first two weeks and receive 10% bonus shares.
Early Silver
Invest $1,000+ within the first two weeks and receive 12% bonus shares.
Early Gold
Invest $2,500+ within the first two weeks and receive 15% bonus shares.
Early Platinum
Invest $5,000+ within the first two weeks and receive 17% bonus shares.
Early Diamond
Invest $10,000+ within the first two weeks and receive 20% bonus shares.
Volume-Based Perks
Tier 1 Perk
Invest $585+ and receive an invitation to Private Investor Group.
Tier 2 Perk
Invest $,1000+ and receive: participation in group QnA with the founders
Tier 3 Perk
Invest $5,000+ and participate in the company’s KPI tracking and analysis webinar + 3% bonus shares
Tier 4 Perk
Invest $10,000+ and listen in on the company Round table with industry leaders + 5% bonus shares
Tier 5 Perk
Invest $25,000+ and participate in company strategy session on market development + 8% bonus shares
Tier 6 Perk
Invest $50,000+ and receive a one-on-one conference call with Founder + 15% bonus shares.
*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus shares from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.
Crowdfunding investments made through a self-directed IRA cannot receive non-bonus share perks due to tax laws. The Internal Revenue Service (IRS) prohibits self-dealing transactions in which the investor receives an immediate, personal financial gain on investments owned by their retirement account. As a result, an investor must refuse those non-bonus share perks because they would be receiving a benefit from their IRA account.
The 10% StartEngine Owners' Bonus
FourQ Technologies, Inc. will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus. This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Series B Preferred Shares at $7.91 per share, you will receive 110 shares of Series B Preferred Stock, meaning you'll own 110 shares for 791. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investors' eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.
Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus in addition to the Loyalty Bonus and aforementioned bonuses.
Irregular Use of Proceeds
The Company will not incur any irregular use of proceeds.
ALL UPDATES
REWARDS
10%
Stack Owner's Bonus & Rewards!
Members get an extra 10% shares in addition to rewards below!
Owner’s Bonus
Owner’s Bonus Members earn 10% bonus shares on top of this and all eligible investments for an entire year. Not a member? Sign up at checkout ($275/year).
$585
Tier 1
Invest $585+ and receive an invitation to Private Investor Group.
$1,000
Tier 2
Invest $1,000+ and receive: participation in group Q&A with the founders
$5,000
Tier 3
Invest $5,000+ and participate in the company’s KPI tracking and analysis webinar + 3% bonus shares.
$10,000
Tier 4
Invest $10,000+ and listen in on the company Round table with industry leaders + 5% bonus shares.
$25,000
Tier 5
Invest $25,000+ and participate in company strategy session on market development + 8% bonus shares
$50,000
Tier 6
Invest $50,000+ and receive a one-on-one conference call with Founder + 15% bonus shares.
JOIN THE DISCUSSION
0/2500
Jeff Park
a month ago
I would appreciate a reply to my question posted 11 days ago. Thanks.
2
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Jeff Park
2 months ago
Hi - It was stated in a previous post that 2023 targeted revenue is 200% of 2022, which would mean $9mm+. Why is the valuation so low at less than 2x revenue? Are stated revenue figures gross (i.e. includes what the healthcare works earn)?
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William Tisdale
2 months ago
Hi, what amount of revenue has been earned for the first 3 quarters of 2023 and what do you expect for the remainder of the year?
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W Kim Colich
2 months ago
Hi, I invested earlier on the SeedInvest platform. I would highly encourage you to consider lowering the bar for your "Minimum Investment" requirement, as this will prohibit MANY small investors from being able to join you in this raise. Your current minimum may be a full 20% of what they can invest per year in CF raises. For many small investors, that is just too many eggs to pile into only one basket. Please reconsider making your minimum more inclusive. Thanks for listening. Blessings
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HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
WHY STARTENGINE?
REWARDS
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SECURE
Your info is your info. We take pride in keeping it that way!
DIVERSE INVESTMENTS
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FAQS
Crowdfunding
With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.
With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000, are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, he/she is limited to investing 10% of the greater of the two amounts.
At the close of an offering, all investors whose funds have “cleared” by this time will be included in the disbursement. At this time, each investor will receive an email from StartEngine with their Countersigned Subscription Agreement, which will serve as their proof of purchase moving forward.
Please keep in mind that a company can conduct a series of “closes” or withdrawals of funds throughout the duration of the campaign. If you are included in that withdrawal period, you will be emailed your countersigned subscription agreement and proof of purchase immediately following that withdrawal.
StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market, or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.
For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.
For Regulation A+, StartEngine allows for a four-hour cancelation period. Once the four-hour window has passed, it is up to each company to set their own cancelation policy. You may find the company’s cancelation policy in the company’s offering circular.
Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.
Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to get sent back to the account associated with the investment.
Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.
Adam Sampson
a month ago
Are you profitable? When do you anticipate being?
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