# Shift Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shift-labs

- Industry: Medical Devices & Equipment
- Headquarters: Seattle, US
- Website: www.shiftlabs.com
- Latest round: Seed (Mar 16, 2015)
- Investors on record: 1

## About

Shift Labs specializes in innovative healthcare technology, primarily focusing on the DripAssist platform, which provides accurate monitoring of gravity IV infusions to enhance patient care and safety in various environments.Shift Labs was founded in 2012 in Seattle, US. The company is known for developing the DripAssist platform, which revolutionizes infusion therapy monitoring. The founders, Beth Kolko and Pam Rader, have backgrounds in creating impactful technology solutions. In March 2015, Shift Labs raised seed financing from Y Combinator, which has supported their growth strategy.Shift Labs primarily offers the DripAssist platform, an FDA-cleared infusion rate monitor for accurate monitoring of gravity IV infusions. This technology enhances patient comfort and care quality by allowing healthcare providers to monitor infusion data in real-time across various settings, including home care, veterinary care, and acute care environments mainly in North America and Europe.Shift Labs generates revenue through direct sales of its DripAssist infusion rate monitors to healthcare providers, hospitals, and outpatient services. The company operates on a B2B transaction structure, forming partnerships with health systems to include DripAssist in their workflows. The revenue model consists of one-time purchase agreements and potential maintenance contracts, ensuring ongoing support for clients.Looking ahead, Shift Labs is focused on launching new products within the next year to enhance the capabilities of the DripAssist platform. The company aims to expand its operations into European markets by 2024. The recent seed financing raised in March 2015 will be utilized to support product development and market entry initiatives.

## Funding rounds

- Seed, Mar 16, 2015 — Y Combinator

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed