Shift Technology Overview
- Year Founded
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2013
- Status
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Private
- Employees
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587
- Latest Deal Type
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Accelerator/Inc
- Investors
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18
Shift Technology General Information
Description
Developer of an artificial intelligence(AI)-powered underwriting platform designed to support claims handling, fraud detection, and compliance decision-making. The company's platform offers generative, agentic, and predictive AI capabilities for risk analysis, fraud investigation, payment review, and liability assessment, enabling insurers and insurance operations teams to improve accuracy, reduce financial leakage, and increase operational efficiency.
Contact Information
Website
www.shift-technology.comCorporate Office
- 2 rue Gerty Archimède 2-14
- 75012 Paris
- France
Corporate Office
- 2 rue Gerty Archimède 2-14
- 75012 Paris
- France
Shift Technology Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Accelerator/Incubator | 01-May-2024 | Completed | Generating Revenue | |||
| 7. Later Stage VC (Series D) | 06-May-2021 | 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% |
VC Exit Predictor
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Opportunity Score
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Exit Type
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Shift Technology Comparisons
Industry
Financing
Details
Shift Technology Competitors (11)
One of Shift Technology’s 11 competitors is Sprout.ai, a Venture Capital-Backed company based in London, United Kingdom.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Sprout.ai | Venture Capital-Backed | London, United Kingdom | ||||
| FRISS | Venture Capital-Backed | Utrecht, Netherlands | ||||
| omni:us | Formerly VC-backed | Berlin, Germany | ||||
| Nasdaq Verafin | Formerly PE-Backed | Saint John's, Canada | ||||
| Socure | Venture Capital-Backed | Incline Village, NV |
Shift Technology Related Research & Analysis
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Shift Technology Investors (18)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| La French Tech | Accelerator/Incubator | |||
| Advent International | PE/Buyout | Minority | ||
| Avenir Growth Capital | Growth/Expansion | Minority | ||
| Bpifrance | Sovereign Wealth Fund | Minority | ||
| Guidewire Software | Corporation | Minority |
Shift Technology FAQs
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When was Shift Technology founded?
Shift Technology was founded in 2013.
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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 587 total employees.
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What industry is Shift Technology in?
Shift Technology’s primary industry is Other Insurance.
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Is Shift Technology a private or public company?
Shift Technology is a Private company.
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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?
La French Tech, Advent International, Avenir Growth Capital, Bpifrance, and Guidewire Software are 5 of 18 investors who have invested in Shift Technology.
-
Who are Shift Technology’s competitors?
Sprout.ai, FRISS, omni:us, Nasdaq Verafin, and Socure are some of the 11 competitors of Shift Technology.
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