Shift EV Overview
- Year Founded
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2019
- Status
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Private
- Employees
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97
- Latest Deal Type
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Early Stage VC
- Latest Deal Amount
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$6.25M
- Investors
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5
Shift EV General Information
Description
Developer of an electric mobility technology intended to accelerate the transition to fleets in emerging markets. The company's vehicles are manufactured with proprietary electro-fitting technology that can turn any conventional vehicle, enabling users to travel from one place to another on electric-run vehicles and helping the environment to be less polluted and save natural resources.
Contact Information
Website
www.shift-ev.comCorporate Office
- 6th of October City
- Giza Egypt
Corporate Office
- 6th of October City
- Giza Egypt
Shift EV Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Early Stage VC | 14-Aug-2023 | $6.25M | Completed | Generating Revenue | ||
| 2. Early Stage VC (Series A) | 14-Jan-2022 | Completed | Generating Revenue | |||
| 1. Seed Round | 19-Apr-2021 | $2.33M | $2.33M | Completed | Startup |
VC Exit Predictor
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Opportunity Score
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Exit Type
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Shift EV Comparisons
Industry
Financing
Details
Shift EV Competitors (30)
One of Shift EV’s 30 competitors is Elaphe, a Venture Capital-Backed company based in Ljubljana, Slovenia.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Elaphe | Venture Capital-Backed | Ljubljana, Slovenia | ||||
| Etrio | Venture Capital-Backed | Hyderabad, India | ||||
| River Mobility | Venture Capital-Backed | Bengaluru, India | ||||
| Mobius (Automotive) | Formerly VC-backed | Nairobi, Kenya | ||||
| Gayam Motor Works | Private Equity-Backed | Hyderabad, India |
Shift EV Related Research & Analysis
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Shift EV Investors (5)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| King Philanthropies | Impact Investing | Minority | ||
| Algebra Ventures | Venture Capital | Minority | ||
| Oman Technology Fund | Venture Capital | Minority | ||
| Union Square Ventures | Venture Capital | Minority | ||
| Wamda Capital | Venture Capital | Minority |
Shift EV FAQs
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When was Shift EV founded?
Shift EV was founded in 2019.
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Where is Shift EV headquartered?
Shift EV is headquartered in Giza, Egypt.
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What is the size of Shift EV?
Shift EV has 97 total employees.
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What industry is Shift EV in?
Shift EV’s primary industry is Automotive.
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Is Shift EV a private or public company?
Shift EV is a Private company.
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What is Shift EV’s current revenue?
The current revenue for Shift EV is .
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How much funding has Shift EV raised over time?
Shift EV has raised $17.6M.
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Who are Shift EV’s investors?
King Philanthropies, Algebra Ventures, Oman Technology Fund, Union Square Ventures, and Wamda Capital have invested in Shift EV.
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Who are Shift EV’s competitors?
Elaphe, Etrio, River Mobility, Mobius (Automotive), and Gayam Motor Works are some of the 30 competitors of Shift EV.
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