Shift Technology
Latest round
- Series D
Last raised
- Nov 2021
Total raised
- $427M
Investors
- 9
About Shift Technology
Founded in 2014 and based in Paris, France, Shift Technology SAS is a software as a service platform provider for the insurance and e-commerce industries. The company was founded by David Durrleman, Eric Sibony and its CEO, Jeremy Jawish. As of 2021, Shift Technology has offices in Boston, Tokyo, London, Madrid, Zurich, Singapore, Toronto, Sao Paulo and Hong Kong. Shift Technology’s software as a service solution contains artificial intelligence native fraud detection and claims automation that helps insurers to find fraudsters, streamline claim workflows, and accelerate claim resolutions. In January 2021, the company launched the shift insurance suite in addition to its fraud detection and claims automation software. The shift insurance suite allows insurers to apply AI-based decision automation and optimization technology to a wider array of critical processes across the policy lifecycle such as underwriting, subrogation, and compliance. The shift insurance suite is comprised of claims fraud detection, automation and optimization of claims decisions, underwriting fraud detection, identification of subrogation opportunities and financial crime detection.8 million per year. The company plans to expand its services into the health, property and casualty insurance market, and its presence in key geographies.
Who invested in Shift Technology
9 investors across 4 rounds
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Questions about Shift Technology
Who invested in Shift Technology?
Shift Technology has 9 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Shift Technology raised?
Shift Technology has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Shift Technology last raise money?
Shift Technology's most recent round on record is a Series D, in Nov 2021.
What does Shift Technology do?
Founded in 2014 and based in Paris, France, Shift Technology SAS is a software as a service platform provider for the insurance and e-commerce industries.
Where is Shift Technology headquartered?
Shift Technology is headquartered in Paris, France.
Which VCs invest in companies like Shift Technology?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Marktlink Capital back software companies at Shift Technology's stage. Their profiles are linked below.
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