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 5386 active competitors, including 664 funded and 428 that have exited. Its top competitors include companies like Salesforce, HubSpot and Freshworks.
Sectors and market segments that Shift Technology operate in
Shift Technology serves in the High Tech, FinTech, InsurTech, Native AI market segments.The primary business model of Shift Technology are: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/
- 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
32nd among 5386 active competitors
Annual Revenue
$500M - $1B as on Dec 31, 2022
Employee Count
627 as on Jun 30, 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:
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Date 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 | - | - |
View details of Shift Technology's funding rounds and investors
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 627 employees as of Jun 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 Salesforce, HubSpot and Freshworks. 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 | Salesforce 1999, San Francisco (United States), Public | Provider of a platform delivering customer relationship management and cloud solutions | $52M | 87/100 | |
2nd | HubSpot 2005, Cambridge (United States), Public | Provider of a platform offering marketing, sales, and customer service software | $101M | 87/100 | |
3rd | Freshworks 2010, Chennai (India), Public | Provider of IT service management and customer support solutions | $400M | 84/100 | |
4th | Provider of cloud-based business software suite for diverse operational requirements | - | - | 76/100 | |
5th | Sedgwick 1969, Memphis (United States), Acquired | Provider of claims administration, loss adjusting, and benefits management services | $2.63M | 76/100 | |
6th | ComplyAdvantage 2014, London (United Kingdom), Series C | Cloud-based AML solutions | $171M | 75/100 | |
7th | Provider of a platform for identity verification and risk management | $62.7M | 75/100 | ||
8th | Outreach 2014, Seattle (United States), Series G | Provider of an AI revenue workflow platform for sales teams | $489M | 74/100 | |
9th | SugarCRM 2004, Cupertino (United States), Acquired | AI-based open-source CRM software | $152M | 74/100 | |
10th | Jumio 2010, Sunnyvale (United States), Acquired | Provider of AI-powered identity verification solutions | $196M | 73/100 | |
32nd | 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.
Reports related to Shift Technology
Here is the latest report on Shift Technology's sector:
News related to Shift Technology
Media has covered Shift Technology for a total of 12 events in the last 1 year, 6 of them have been about company updates and 3 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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