Shift Technology - About the company
Shift Technology is a series D company based in Paris (France), founded in 2014 by Eric Sibony and David Durrleman. It operates as a Provider of AI solutions for insurance underwriting, claims, and risk. Shift Technology has raised $320M in funding from investors like Accel, Bessemer Venture Partners and Advent International, with a current valuation of $1B. The company has 2929 active competitors, including 562 funded and 379 that have exited. Its top competitors include companies like Sedgwick, Jumio and ComplyAdvantage.
Sectors and market segments that Shift Technology operate in
Shift Technology serves in the FinTech, High Tech, InsurTech, Native AI market segments.The primary business model of Shift Technology are:- FinTech > Banking Tech > ***** **** > ***** ******
- High Tech > Image Recognition > ***** **** > ***** ******
- FinTech > Insurance IT > ***** **** > ***** ******
- InsurTech > Insurance IT > ***** **** > ***** ******
- FinTech > RegTech > ***** **** > ***** ******
- Native AI > Artificial Intelligence > ***** **** > ***** ******
Company Details
Provider of AI solutions for insurance underwriting, claims, and risk. The company offers tools for fraud detection, payment integrity, subrogation, and claims intake. It also provides solutions for compliance risk, and claims document analysis. The AI platform aims to improve accuracy and efficiency for insurers.
- Website
- www.shift-technology.com/
- Social
- Email ID
- *****@shift-technology.com
Key Metrics
Founded Year
2014
Location
Paris, France
Stage
Series D
Total Funding
$320M in 6 rounds
Latest Funding Round
Post Money Valuation
$1B as on Nov 02, 2021
Ranked
25th among 2929 active competitors
Annual Revenue
$500M - $1B as on Dec 31, 2022
Employee Count
618 as on May 31, 2026
Legal entities associated with Shift Technology
Shift Technology is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SHIFT TECHNOLOGIES, INC. CIN: 1762322 , United States, Active | Mar 12, 2018 | $500M - $1B (As on Dec 31, 2022) | 442 (As on Dec 31, 2022) | - |
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Shift Technology's funding and investors
Shift Technology has raised a total funding of $320M over 6 rounds. Its first funding round was on Dec 03, 2014. Its latest funding round was a Series D round on Nov 02, 2021 for an undisclosed amount. 1 investor participated in its latest round. Shift Technology has 17 institutional investors.
Here is the list of recent funding rounds of Shift Technology:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 02, 2021 | Undisclosed | Series D | $1B | - | - | |
May 06, 2021 | $220M | Series D | $1B | 2.1x | ||
Mar 04, 2019 | $60M | Series C | - | - |
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Shift Technology's founders and board of directors
Founder? Claim ProfileThe founders of Shift Technology are Eric Sibony and David Durrleman.
Here are the details of Shift Technology's key team members:
- Eric Sibony: Co-Founder & CSO of Shift Technology. They are also an angel investor in 1 startup.
- David Durrleman: Co-Founder & CTO of Shift Technology. Contact Info: 1 email address
- Jeremy Jawish: CEO of Shift Technology. Contact Info: 1 email address and 1 phone number
View details of Shift Technology's Founder profiles and Board Members
Shift Technology's employee count trend
Shift Technology has 618 employees as of May 26. Here is Shift Technology's employee count trend over the years:
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Shift Technology's Competitors and alternates
Top competitors of Shift Technology include Sedgwick, Jumio and ComplyAdvantage. Here is the list of Top 10 competitors of Shift Technology, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Sedgwick 1969, Memphis (United States), Acquired | Provider of claims administration, loss adjusting, and benefits management services | $2.63M | 78/100 | |
2nd |  Jumio 2010, Sunnyvale (United States), Acquired | Provider of AI-powered identity verification solutions | $196M | 77/100 | |
3rd |  ComplyAdvantage 2014, London (United Kingdom), Series C | Cloud-based AML solutions | $167M | 77/100 | |
4th | Provider of a platform for identity verification and risk management | $62.7M | 75/100 | ||
5th |  Riskified 2013, New York City (United States), Public | AI-based payment fraud prevention solutions for e-commerce solution | $232M | 73/100 | |
6th | Quantexa 2016, London (United Kingdom), Series F | AI powered data and decision intelligence solutions | $546M | 72/100 | |
7th | Provider of secure identity management and authentication solutions provider | $47.7M | 72/100 | ||
8th | AI based identity verification and e-Signing solution provider | $13.8M | 71/100 | ||
9th |  Yoti 2014, London (United Kingdom), Series B | Provider of digital identity verification, age verification, and authentication solutions | $210M | 71/100 | |
10th | Signifyd 2011, Palo Alto (United States), Series E | Provider of fraud prevention and payment validation for online retailers | $394M | 70/100 | |
25th | Shift Technology 2014, Paris (France), Series D | Provider of AI solutions for insurance underwriting, claims, and risk | $320M | 67/100 |
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Shift Technology's Investments and acquisitions
Shift Technology has made no investments or acquisitions yet.
News related to Shift Technology
Filter this listMedia has covered Shift Technology for a total of 15 events in the last 1 year, 6 of them have been about company updates and 4 about partnerships.
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Agentic AI: The Future of Insurance is Being Written TodayNews Assurances pro•Jun 09, 2026•Shift Technology
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Covea Chooses Shift Technology as Strategic Partner for Fraud and Risk ManagementPR Newswire•Mar 31, 2026•Covea, Shift Technology
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Predictiv AI Announces Closing of Acquisition of Shift and HouseStackAccess Newswire•Dec 16, 2025•Predictiv AI, Shift Technology, HouseStack
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Insurance Council, EXL and Shift collaborate to build fraud detection platformPR Newswire•Nov 20, 2025•Insurancecouncil, EXL, Shift Technology
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Sønr Names Shift Technology to its Beyond Boundaries Scale50MarTech Series•Nov 03, 2025•Shift Technology
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