Shift Technologies Overview

  • Founded

  • 2013

Founded
  • Status

  • Public

  • Employees

  • 1,360

Employees
  • Stock Symbol

  • SFT

Stock Symbol
  • Investments

  • 4

  • Share Price

  • $0.28

  • (As of Wednesday Closing)

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
Automotive
Other Industries
Social/Platform Software
Stock Exchange
NAS
Primary Office
  • 290 Division Street
  • Suite 400
  • San Francisco, CA 94103
  • United States
+1 (855) 000-0000

Shift Technologies Timeline

2020202120222023
Financing RoundCaptured Employee CountEstimated Employee Growth

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Shift Technologies Stock Performance

(As of Wednesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$0.28 $0.20 $0.13 - $2.84 $35.7M 170M 2.58M -$2.99

Shift Technologies Financials Summary

In Thousands,
USD 		TTM 30-Sep-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020 FY 2019 31-Dec-2019
EV 269,079 224,025 833,179
Revenue 801,398 636,869 195,718 166,235
EBITDA (198,410) (151,707) (46,964) (73,478)
Net Income (239,520) (166,268) (59,146) (80,483)
Total Assets 189,365 365,740 312,093 82,769
Total Debt 242,910 227,587 13,870 24,750
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
Automotive
San Francisco, CA
1,360 As of 2021
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Singapore, Singapore
0000 As of 0000
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0000000000
Nashville, TN
000 As of 0000
000.00
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Shift Technologies Competitors (16)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Carro Venture Capital-Backed Singapore, Singapore 0000 00000 0000000000 0 00000
00000000 Private Equity-Backed Nashville, TN 000 000.00 0000000 0000 000.00
0000000000 Venture Capital-Backed Healdsburg, CA 0 00.00 000000 - 000 00.00
0000 Venture Capital-Backed Seattle, WA 00 0000 00000 00000 0000
00000000 Corporation Irving, TX 0000 000.00 000000000 - 000.00
You’re viewing 5 of 16 competitors. Get the full list »

Shift Technologies Patents

  • 4

    Total Documents Applications and Grants

  • 000

    Total Patents Families

  • 1

    Granted

  • 000

    Pending

  • 000

    Expiring in next 12 mo

Shift Technologies Recent Patent Activity

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

Shift Technologies Executive Team (21)

Name Title Board Seat Contact Info
Jeff Clementz Chief Executive Officer & Board Member
Oded Shein Chief Financial Officer, Finance & Chief Accounting Officer, Accounting
Sean Foy Chief Operating Officer, Operations
Karan Gupta Chief Technology Officer, Technology
Jason Curtis Chief Accounting Officer
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Shift Technologies Board Members (16)

Name Representing Role Since
Adam Nash Self Board Member 000 0000
Emily Melton Draper Fisher Jurvetson Management Board Member 000 0000
George Arison Self Chairman & Founder 000 0000
Jeff Clementz Shift Technologies Chief Executive Officer & Board Member 000 0000
Kellyn Smith Kenny Shift Technologies Board Member 000 0000
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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
0000000 09-Dec-2022 0000000000 Automotive 0000 0000
0000 00000000 12-May-2022 000000000 0000 Buildings and Property 000000 00
0000 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 Subsidiaries (1)

Company Name Industry Location Founded
0000000 Automotive Midlothian, VA 0000
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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

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