When was Shift founded?

Shift was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Where is Shift located?

Shift is headquartered in Provo, United States.

How many employees does Shift have?

As of Jul 01, 2024, the latest employee count at Shift is 7.

Is Shift a funded company?

Shift is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Aug 13, 2019.

When was the latest funding round of Shift?

Shift's latest funding was a $***** Seed round on Aug 13, 2019, with participation from 1 investor. Its primary sector is Healthcare IT. In United States, the Healthcare IT sector has seen $898M in funding in 2026 to date.

Where does Shift rank among its competitors?

Shift ranks 70th amongst 236 active competitors, of which 26 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Xifin, which secured an undisclosed amount in Sep, 2025.

Who are the top competitors of Shift?

Shift's top competitors include R1 RCM, Xifin and Janus AI. Among them, Xifin secured the most recent funding round in September, 2025.

Shift - 2026 Company Profile, Team, Funding & Competitors

Shift is a seed company based in Provo (United States), founded in 2018 by Dallin Palmer and Lance Hydrick. It operates as a Software developer for revenue cycle management. Shift has raised $150K in funding from Y Combinator. The company has 236 active competitors, including 26 funded and 44 that have exited. Its top competitors include companies like R1 RCM, Xifin and Janus AI.

Company Details

shift provides software to manage the revenue cycle for automation of workflow which provides time for providers to care for patients. It automates real-time eligibility which calculates patient responsibility and collects payments before the patient gets to the office. It also uses AI technology to prevent manual errors in financial management.

Key Metrics

Founded Year

2018

Location

Provo, United States

Stage

Seed

Total Funding

$150K in 1 round

Latest Funding Round

Seed, Aug 13, 2019, $*****

Investors

Y Combinator & 2 more

Ranked

70^th among 236 active competitors

Employee Count

7 as on Jul 01, 2024

Similar Companies

R1 RCM & 293 more

View Shift's full profile

Shift has raised a total funding of $150K over 1 round. Its latest funding round was a Seed round on Aug 13, 2019 for $*****. 1 investor participated in its latest round. Shift has 3 institutional 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 13, 2019	1802724	Seed	5658605	2815455	5742923	6668841

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View details of Shift's funding rounds and investors

The founders of Shift are Dallin Palmer and Lance Hydrick.

Here are the details of Shift's key team members:

Dallin Palmer: Co-Founder of Shift and founder of 1 other company.
Contact Info: 2 email addresses
Lance Hydrick: Co-Founder of Shift and founder of 1 other company.
Contact Info: 2 email addresses

View details of Shift's Founder profiles and Board Members

Shift's employee count trend

Shift has 7 employees as of Jul 24. Here is Shift's employee count trend over the years:

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Top competitors of Shift include R1 RCM, Xifin and Janus AI. 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	R1 RCM 2003, Chicago (United States), Acquired	Provider of AI-driven solutions for healthcare revenue cycle management and operations	-	Kedaara, Ares Capital Corporation & 1 others	69/100
2nd	Xifin 1997, San Diego (United States), Acquired	Cloud-based billing & revenue cycle management solutions for diagnostic service providers	$6M	Windward Ventures, Avista Healthcare Partners ... & 4 others	67/100
3rd	Janus AI 2020, Chicago (United States), Series B	AI and SaaS-based revenue cycle management tool for healthcare providers	$64M	Enhanced Healthcare Partners, Ensemble Health Partners ... & 3 others	65/100
4th	RepeatMD 2020, Houston (United States), Series A	Provider of suite of patient engagement solutions for healthcare providers	$44.2M	Centana Growth Partners, Full In Partners ... & 3 others	65/100
5th	AKASA 2018, San Francisco (United States), Series B	Provider of revenue cycle automation platform for healthcare	$85M	Andreessen Horowitz, Bond Capital & 5 others	63/100
6th	Thoughtful 2020, Chicago (United States), Series A	AI-powered healthcare administration platform to automate tasks	$20M	TriplePoint Capital, New Mountain Capital ... & 1 others	63/100
7th	Zentist 2015, San Francisco (United States), Series A	Provider of billing solutions for dentists	$14M	Costanoa, 500 Global & 9 others	61/100
8th	iMedX 2002, Atlanta (United States), Acquired	RCM and clinical documentation solutions optimizing healthcare revenue and patient care	$22.3M	RFE Investment Partners, Ventureast & 1 others	61/100
9th	Adonis 2022, Manhattan (United States), Series B	Provider of revenue cycle management services for healthcare industry	$54M	General Catalyst, Point72 Ventures & 10 others	61/100
10th	Infinx 2010, San Francisco (United States), Seed	Provider of platform for revenue cycle management	-	Norwest, KKR	61/100
70th	Shift 2018, Provo (United States), Seed	Software developer for revenue cycle management	$150K	BNSG Capital, SpringTide & 1 others	31/100