Shift Technology
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Overview
Shift Technology delivers AI-native decision automation and optimization solutions built specifically for the global insurance industry. Addressing several critical processes across the insurance policy lifecycle, Shift helps insurers achieve faster, more accurate claims and policy resolutions. Shift has analyzed billions of insurance transactions to date and was presented Frost & Sullivan’s 2020 Global Claims Solutions for Insurance Market Leadership Award.
About
Industries
Information Technology, Artificial Intelligence (AI), Machine Learning, InsurTech, Insurance
Founded
2013
Employees
501-1000
Headquarters locations
Europe
Social
N/A
Profile Resume
Shift Technology headquartered in Europe, operates in the Information Technology, Artificial Intelligence (AI), Machine Learning, InsurTech, Insurance sector. The company focuses on Information Technology and has secured $108.0B in funding across 200 round(s). With a team of 501-1000 employees, Shift Technology is actively contributing to advancements in Information Technology. Their latest funding round, Seed Round - Shift Technology, raised $1.8M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
Funding rounds
10
Investors
3
Lead Investors
0
Total Funding Amount
$540.0M
Details
9
Shift Technology has raised a total of $540.0M in funding over 9 rounds.
| Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
|---|---|---|---|---|
| 2021 | Late Stage Venture | 220.0M | ||
| 2017 | Early Stage Venture | 28.0M | ||
| 2016 | Early Stage Venture | 10.0M | ||
| 2014 | Seed | 1.8M |
Investors
Shift Technology is funded by 53 investors.
| Investor Name | Lead Investor | Funding Round | Partners |
|---|---|---|---|
| HDS Capital | - | FUNDING ROUND - HDS Capital | 10.0M |
| Sonali De Rycker | - | FUNDING ROUND - Sonali De Rycker | 1.8M |
| Shift Technology | - | FUNDING ROUND - Shift Technology | 1.8M |
| Accel | - | FUNDING ROUND - Accel | 1.8M |
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