Shift (Germany) Overview

  • Year Founded
  • 2018

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 59

Employees

  • Latest Deal Type
  • M&A

Shift (Germany) General Information

Description

Operator of an online platform intended to provide CNC-machined parts and machining services. The company drives subcontracting costs down through a wide network, makes procurement process digital and efficient and offers prompt quoting system so that you don't waste time sending out RFQs, enabling clients to access CNC machines looking to grow their business and utilize assets better. The company is no longer actively tracked by PitchBook.

Contact Information

Website
www.shift.parts
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • Leibniz-Straße 1C
  • 85521 Ottobrunn
  • Germany
Primary Industry
Media and Information Services (B2B)
Other Industries
Industrial Supplies and Parts
Acquirer
Xometry
Corporate Office
  • Leibniz-Straße 1C
  • 85521 Ottobrunn
  • Germany

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Shift (Germany) Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
2. Merger/Acquisition 03-Dec-2019 Completed Generating Revenue
1. Seed Round Completed Startup
To view Shift (Germany)’s complete valuation and funding history, request access »

Shift (Germany) Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Shift (Germany) Former Investors (4)

Investor Name Investor Type Holding Investor Since Participating Rounds
Cherry Ventures Venture Capital Minority
ICLUB Angel Group Minority
Impulse VC Venture Capital Minority
TA Ventures Venture Capital Minority
To view Shift (Germany)’s complete investors history, request access »

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Shift (Germany) FAQs

  • When was Shift (Germany) founded?

    Shift (Germany) was founded in 2018.

  • Where is Shift (Germany) headquartered?

    Shift (Germany) is headquartered in Ottobrunn, Germany.

  • What is the size of Shift (Germany)?

    Shift (Germany) has 59 total employees.

  • What industry is Shift (Germany) in?

    Shift (Germany)’s primary industry is Media and Information Services (B2B).

  • Is Shift (Germany) a private or public company?

    Shift (Germany) is a Private company.

  • What is Shift (Germany)’s current revenue?

    The current revenue for Shift (Germany) is .

  • How much funding has Shift (Germany) raised over time?

    Shift (Germany) has raised $4.55M.

  • Who are Shift (Germany)’s investors?

    Cherry Ventures, ICLUB, Impulse VC, and TA Ventures have invested in Shift (Germany).

  • When was Shift (Germany) acquired?

    Shift (Germany) was acquired on 03-Dec-2019.

  • Who acquired Shift (Germany)?

    Shift (Germany) was acquired by Xometry.

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