Shift Technologies Overview

  • Year Founded
  • 2013

Year Founded

  • Status
  • Public

  • Employees
  • 970

Employees

  • Stock Symbol
  • SFTGQ

Stock Symbol

  • Investments
  • 4

Shift Technologies General Information

Description

Shift Technologies Inc is an end-to-end auto e-commerce platform transforming the used car industry with a technology-driven, hassle-free customer experience. The company makes car purchase and ownership simple - making buying or selling a used car fun, fair, and accessible to everyone. It provides comprehensive, digital solutions throughout the car ownership lifecycle: finding the right car, having a test drive brought to you before buying the car, a seamless digitally-driven purchase transaction including financing and vehicle protection products, an efficient, digital trade-in/sale transaction, and a vision to provide high-value support services during car ownership. It operates in two segments: Retail and Wholesale, of which the majority of its revenue comes from Retail.

Contact Information

Website
www.shift.com
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Internet Retail
Other Industries
Automotive
Stock Exchange
PINX
Corporate Office
  • 290 Division Street
  • Suite 400
  • San Francisco, CA 94103
  • United States
+1 (815) 000-0000

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Shift Technologies Stock Performance

(As of Monday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$1.7K 17M 17.8K -$12.30

Shift Technologies Financials Summary

In Thousands,
USD
TTM 30-Jun-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020
EV 198,338 224,130 224,025 833,179
Revenue 328,807 670,753 636,869 195,718
EBITDA (100,671) (138,483) (151,707) (46,964)
Net Income (136,668) (172,042) (166,268) (59,146)
Total Assets 110,089 248,018 365,740 312,093
Total Debt 200,073 246,304 227,587 13,870
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Shift Technologies Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Shift Technologies Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned

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Shift Technologies Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Shift Technologies Inc is an end-to-end auto e-commerce platform transforming the used car industry with a technology-dr
Internet Retail
San Francisco, CA
970 As of 2022
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Tempe, AZ
00000 As of 0000
00.000
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0000000000
Houston, TX
0000 As of 0000
00.000
00000000000 00.000
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Shift Technologies Competitors (8)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Carvana Formerly VC-backed Tempe, AZ 00000 00.000 000000000 00.000
Vroom Formerly VC-backed Houston, TX 0000 00.000 00000000000 00.000
RumbleOn Corporation Irving, TX 0000 00000 000000000 00000
Carwow Venture Capital-Backed London, United Kingdom 000 00000 00000000000 00000
AutoTrader (Automotive) Formerly PE-Backed Atlanta, GA 0000 00.000 000000&0 00.000
You’re viewing 5 of 8 competitors. Get the full list »

Shift Technologies Patents

Shift Technologies Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20200410454-A1 System and method for managing on-demand test drives Inactive 14-Dec-2015 00000000000
US-20170169398-A1 System and method for managing on-demand test drives Active 14-Dec-2015 00000000000 00
US-10664808-B2 System and method for managing on-demand test drives Active 14-Dec-2015 00000000000 00
US-20170169399-A1 System and method for vehicle pricing Inactive 14-Dec-2015 G06Q10/1097 0

Shift Technologies Executive Team (23)

Name Title Board Seat Contact Info
Karan Gupta Chief Technology Officer, Technology
You’re viewing 1 of 23 executive team members. Get the full list »

Shift Technologies Board Members (18)

Name Representing Role Since
Adam Nash Self Board Member 000 0000
Ayman Moussa Shift Technologies Board Member & Chief Executive Officer 000 0000
James Skinner Self Board Member 000 0000
Kimberly Sheehy Self Board Member 000 0000
You’re viewing 4 of 18 board members. Get the full list »

Shift Technologies Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Shift Technologies Investments & Acquisitions (4)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
CarLotz 09-Dec-2022 0000000000 0000 Automotive 0000 0000
Fair Technologies (Dealer Listing Marketplace Technology) 12-May-2022 000000000 0000 Buildings and Property 000000 00
Fair 14-Mar-2022 0000000000 0000 Automotive 000000 00
Insurance Acquisition 13-Oct-2020 Merger/Acquisition Special Purpose Acquisition Company (SPAC) 0000 0000
To view Shift Technologies’s complete investments and acquisitions history, request access »

Shift Technologies ESG

Risk Overview

Risk Rating

Updated April, 01, 2022

33.75 | High Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.0

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 14,912

Rank

00.00

Percentile

Diversified Financials

Industry

00 of 912

Rank

00.00

Percentile

Asset Management and Custody Services

Subindustry

00 of 418

Rank

00.00

Percentile

To view Shift Technologies’s complete esg history, request access »

Shift Technologies FAQs

  • When was Shift Technologies founded?

    Shift Technologies was founded in 2013.

  • Who is the founder of Shift Technologies?

    Minnie Ingersoll, Joel Washington, and Morgan Knutson are the founders of Shift Technologies.

  • Where is Shift Technologies headquartered?

    Shift Technologies is headquartered in San Francisco, CA.

  • What is the size of Shift Technologies?

    Shift Technologies has 970 total employees.

  • What industry is Shift Technologies in?

    Shift Technologies’s primary industry is Internet Retail.

  • Is Shift Technologies a private or public company?

    Shift Technologies is a Public company.

  • What is Shift Technologies’s stock symbol?

    The ticker symbol for Shift Technologies is SFTGQ.

  • What is the current market cap of Shift Technologies?

    The current market capitalization of Shift Technologies is $1.7K.

  • What is Shift Technologies’s current revenue?

    The trailing twelve month revenue for Shift Technologies is $329M.

  • Who are Shift Technologies’s competitors?

    Carvana, Vroom, RumbleOn, Carwow, and AutoTrader (Automotive) are some of the 8 competitors of Shift Technologies.

  • What is Shift Technologies’s annual earnings per share (EPS)?

    Shift Technologies’s EPS for 12 months was -$12.30.

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