When was Shift founded?

Shift was founded in 2014 and raised its 1st funding round 6 years after it was founded.

Where is Shift located?

Shift is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.

How many employees does Shift have?

As of Dec 31, 2025, the latest employee count at Shift is 300.

Is Shift a funded company?

Shift is a funded company, having raised a total of $49.1M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Mar 2020.

When was the latest funding round of Shift?

Shift's latest funding was a $***** Series D round on Aug 26, 2024, with participation from 1 investor.

Where does Shift rank among its competitors?

Shift ranks 4th amongst 79 active competitors, of which 2 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was TradeBridge, which secured $93.9M in Apr, 2025.

Who are the top competitors of Shift?

Shift's top competitors include OnDeck, Taulia and Prospa. Among them, TradeBridge secured the most recent funding round in April, 2025.

Shift - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of an online platform for business loans. It offers multiple business loan products including term loans, equipment financing, auto financing, and without finance. It is a provider of credit and payment solutions offering platform that assist businesses in trading, paying, and accessing funds. The services include online banking, equipment payment options, trade credit platforms, and business overdrafts to assists with cash flow management and asset finance solution. It serves multiple industries including hospitality, food services, and franchise.

Website: www.shift.com.au/
Social
Email ID: *****@shift.com.au
Phone Number: +61 **********
Registered Address: Sydney, New South Wales, Australia

Key Metrics

Founded Year

2014

Location

Sydney, Australia

Stage

Series D

Total Funding

$49.1M in 3 rounds

Latest Funding Round

Series D, Aug 26, 2024, $*****

Investors

Peak XV Partners & 4 more

Ranked

4^th among 79 active competitors

Employee Count

300 as on Dec 31, 2025

Similar Companies

Fundbox & 775 more

View Shift's full profile

Shift is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SHIFT FINANCIAL PTY LTD CIN: 149390625 , Australia, Active	Feb 18, 2011	-	300 (As on Dec 31, 2025)	-

Shift has raised a total funding of $49.1M over 3 rounds. Its first funding round was on Mar 2020. Its latest funding round was a Series D round on Aug 26, 2024 for $*****. 1 investor participated in its latest round. Shift has 2 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Shift:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 26, 2024	8206087	Series D	7990952	6686579	9680354	6409795
Feb 15, 2023	8445270	Series C	2737774	7133383	9006242	6889013
Mar 2020	2155106	Series A	1818860	7033930	Alto Partners	John Prendiville & 2 more

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View details of Shift's funding rounds and investors

Shift's employee count trend

Shift has 300 employees as of Dec 25. The total employee count is the same as what it was in Dec 24. Here is Shift's employee count trend over the years:

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Top competitors of Shift include OnDeck, Taulia and Prospa. Here is the list of Top 10 competitors of Shift, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	OnDeck 2007, New York City (United States), Acquired	Online platform for business loans	$197M	Sapphire Ventures, IVP & 21 others	74/100
2nd	Taulia 2009, San Francisco (United States), Acquired	AI-based electronic invoicing and supply chain management solution for businesses	$220M	Trinity Ventures, Zouk Capital & 25 others	73/100
3rd	Prospa 2011, Sydney (Australia), Public	Online platform for business loans	$122M	AustralianSuper, AirTree & 9 others	62/100
4th	Shift 2014, Sydney (Australia), Series D	Provider of an online platform for business loans	$49.1M	Peak XV Partners, Alto Partners & 3 others	48/100
5th	TradeBridge 2013, London (United Kingdom), Funding Raised	Provider of financing solutions to e-commerce businesses	-	Credit Suisse, Castlelake	47/100
6th	Pepper Money 2000, Sydney (Australia), Public	Online platform offering diversified loans	-	-	45/100
7th	RedZed 2006, Melbourne (Australia), Unfunded	Provider of residential and commercial loans	-	-	43/100
8th	Money3 2006, Bundoora (Australia), Public	Personal Loan Provider	-	CVC	43/100
9th	Banjo 2014, Melbourne (Australia), Funding Raised	Online business loans	-	Bravo Futura Capital, Aura Group	40/100
10th	Rapid Loans 2003, Gold Coast (Australia), Funding Raised	Online platform for consumer and business loans	-	Partners For Growth, Dinimus Capital	36/100