Shift Technology Overview
- Year Founded
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2014
- Status
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Private
- Employees
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559
- Latest Deal Type
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Series D
- Latest Deal Amount
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$219M
- Investors
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16
Shift Technology General Information
Description
Developer of a cloud-based data security platform designed to improve the insurance claims process. The company's platform uses an AI-based fraud detection tool, which analyses hundreds of millions of claims to identify potential fraud, enabling fraud handlers to scale their capacity and add efficiency to claims processing easily.
Contact Information
Website
www.shift-technology.comCorporate Office
- 14 rue Gerty Archimède
- 2-14 rue Gerty Archimède
- 75012 Paris
- France
Corporate Office
- 14 rue Gerty Archimède
- 2-14 rue Gerty Archimède
- 75012 Paris
- France
Shift Technology Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Later Stage VC (Series D) | 06-May-2021 | $219M | Completed | Generating Revenue | ||
| 6. Later Stage VC (Series C) | 04-Mar-2019 | Completed | Generating Revenue | |||
| 5. Accelerator/Incubator | 29-Mar-2018 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series B) | 23-Oct-2017 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 19-May-2016 | Completed | Generating Revenue | |||
| 2. Seed Round | 04-Dec-2014 | $1.74M | $1.74M | Completed | Generating Revenue | |
| 1. Accelerator/Incubator | Completed | Startup |
Shift Technology Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| ABSA P4 | ||||||||
| ABSA P3 | ||||||||
| Actions P2 | ||||||||
| Actions P | 6,463,880 | $0.012002 | $1.58 | $1.58 | 1x | $1.58 | 16.03% | |
| Actions P | 3,500,000 | $0.012002 | $0.48 | $0.48 | 1x | $0.48 | 8.68% |
Shift Technology Comparisons
Industry
Financing
Details
Shift Technology Competitors (19)
One of Shift Technology’s 19 competitors is Forter, a Venture Capital-Backed company based in Tel Aviv, Israel.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Forter | Venture Capital-Backed | Tel Aviv, Israel | ||||
| FRISS | Venture Capital-Backed | Utrecht, Netherlands | ||||
| Signifyd | Venture Capital-Backed | San Jose, CA | ||||
| Salviol Global Analytics | Venture Capital-Backed | Reading, United Kingdom | ||||
| Socure | Venture Capital-Backed | Incline Village, NV |
Shift Technology Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Shift Technology Investors (16)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Advent International | PE/Buyout | Minority | ||
| Avenir Growth Capital | Growth/Expansion | Minority | ||
| Bpifrance | Sovereign Wealth Fund | Minority | ||
| Guidewire Software | Corporation | Minority | ||
| HDS Capital | Venture Capital | Minority |
Shift Technology FAQs
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When was Shift Technology founded?
Shift Technology was founded in 2014.
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Where is Shift Technology headquartered?
Shift Technology is headquartered in Paris, France.
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What is the size of Shift Technology?
Shift Technology has 559 total employees.
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What industry is Shift Technology in?
Shift Technology’s primary industry is Financial Software.
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Is Shift Technology a private or public company?
Shift Technology is a Private company.
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What is the current valuation of Shift Technology?
The current valuation of Shift Technology is .
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What is Shift Technology’s current revenue?
The current revenue for Shift Technology is .
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How much funding has Shift Technology raised over time?
Shift Technology has raised $316M.
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Who are Shift Technology’s investors?
Advent International, Avenir Growth Capital, Bpifrance, Guidewire Software, and HDS Capital are 5 of 16 investors who have invested in Shift Technology.
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Who are Shift Technology’s competitors?
Forter, FRISS, Signifyd, Salviol Global Analytics, and Socure are some of the 19 competitors of Shift Technology.
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