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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.

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.
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Email ID
*****@shift-technology.com
Key Metrics
Founded Year
2014
Location
Paris, France
Stage
Series D
Total Funding
$320M in 6 rounds
Post Money Valuation
$1B as on Nov 02, 2021
Investors
Ranked
Annual Revenue
$500M - $1B as on Dec 31, 2022
Employee Count
627 as on Jun 30, 2026
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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:lockFilter this list
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
-
-
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Shift Technology's founders and board of directors

Founder? Claim Profile
The founders of Shift Technology are Eric Sibony and David Durrleman.
Here are the details of Shift Technology's key team 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:
Employee count trend for Shift Technology
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Salesforce
Salesforce
1999, San Francisco (United States), Public
Provider of a platform delivering customer relationship management and cloud solutions
$52M
87/100
2nd
Logo for HubSpot
HubSpot
2005, Cambridge (United States), Public
Provider of a platform offering marketing, sales, and customer service software
$101M
87/100
3rd
Logo for Freshworks
Freshworks
2010, Chennai (India), Public
Provider of IT service management and customer support solutions
$400M
84/100
4th
Logo for Zoho
Zoho
1996, Chennai (India), Unfunded
Provider of cloud-based business software suite for diverse operational requirements
-
-
76/100
5th
Logo for Sedgwick
Sedgwick
1969, Memphis (United States), Acquired
Provider of claims administration, loss adjusting, and benefits management services
$2.63M
76/100
6th
Logo for ComplyAdvantage
ComplyAdvantage
2014, London (United Kingdom), Series C
Cloud-based AML solutions
$171M
75/100
7th
Logo for Idfy
Idfy
2011, Mumbai (India), Series F
Provider of a platform for identity verification and risk management
$62.7M
75/100
8th
Logo for Outreach
Outreach
2014, Seattle (United States), Series G
Provider of an AI revenue workflow platform for sales teams
$489M
74/100
9th
Logo for SugarCRM
SugarCRM
2004, Cupertino (United States), Acquired
AI-based open-source CRM software
$152M
74/100
10th
Logo for Jumio
Jumio
2010, Sunnyvale (United States), Acquired
Provider of AI-powered identity verification solutions
$196M
73/100
32nd
Logo for Shift Technology
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

lockFilter this list
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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FAQs about Shift Technology

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