Shyft Analytics

SoftwareSeries BWaltham, USshyftanalytics.com

Latest round

Series B

Last raised

Mar 2017

Total raised

$39M

Investors

5

About Shyft Analytics

Shyft Analytics, Inc.Founded in 2010 and headquartered in Waltham, US, Shyft Analytics, Inc. focuses on delivering advanced analytics solutions to businesses. The company has undergone a strategic pivot towards enhancing its data-driven offerings. On June 12, 2018, the company was acquired by Medidata Solutions, Inc. for USD 195 mn, marking a significant transition in its operational direction. The company has completed a total of 5 deals over its history, with its most recent transaction occurring just prior to its acquisition.Shyft Analytics, Inc. offers a suite of digital solutions aimed at improving operational effectiveness through data analytics. Their core products include advanced analytical tools that assist businesses in various sectors, such as healthcare and finance, in making data-driven decisions.Shyft Analytics, Inc. operates on a subscription-based revenue model, allowing clients to access a variety of analytical tools and services on a recurring basis. This approach promotes consistent revenue streams and supports scalable growth as clients increase their service usage., Shyft Analytics, Inc. is expected to focus on expanding its product offerings and entering new markets. Plans include launching enhanced analytics solutions tailored to specific industry needs over the coming year. The resources from the recent acquisition will be utilized to support these initiatives, particularly in leveraging Medidata's extensive network and expertise to penetrate new geographical regions. The company aims to enhance its market presence in Europe and Asia by late 2020, facilitating broader access to its analytics services.

Who invested in Shyft Analytics

5 investors across 4 rounds

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Funding rounds

  1. Series B

    Mar 29, 2017

    Amount

    $7.5M

    Investors

    Locked

  2. Series B

    Aug 30, 2016

    Amount

    $13M

    Investors

    Locked

  3. Series A

    Apr 8, 2014

    Amount

    $4M

    Investors

    Locked

  4. Series A

    Dec 17, 2013

    Amount

    $15M

    Investors

    Locked

Questions about Shyft Analytics

Who invested in Shyft Analytics?

Shyft Analytics has 5 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 Shyft Analytics raised?

Shyft Analytics has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Shyft Analytics last raise money?

Shyft Analytics's most recent round on record is a Series B, in Mar 2017.

What does Shyft Analytics do?

Shyft Analytics is a software company.

Where is Shyft Analytics headquartered?

Shyft Analytics is headquartered in Waltham, US.

Which VCs invest in companies like Shyft Analytics?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Shyft Analytics's stage. Their profiles are linked below.

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