Shift Technology Secures $220 Million In A Series D Investment Round Led By Advent International
Amount Raised
$220 Million
Round Type
Series D
ParisInformation TechnologyFinancial ServicesSoftwarePrivacy And SecurityDescription
Shift Technology, a SaaS provider of artificial intelligence (AI)-driven decision automation and optimization solutions for the global insurance industry, today announced the company closed a Series D investment round of $220 million. The round was led by Advent International, through Advent Tech, with participation from Avenir and others. Previous Series C participants Accel, Bessemer Venture Partners, General Catalyst, and Iris Capital also joined the round. The latest funding round brings total investment in Shift to $320 million and a market valuation of more than $1 billion
Quick answer
Shift Technology raised $220 Million in a Series D round, dated May 6, 2021. Shift Technology is based in Paris, Ile-de-France, France.
- How much did Shift Technology raise?
- Shift Technology raised $220 Million in a Series D round on May 6, 2021.
- What does Shift Technology do?
- Shift Technology delivers the only AI-native decision automation and optimization solutions built specifically for the global insurance industry.
- Where is Shift Technology based and how big is it?
- Shift Technology is based in Paris, Ile-de-France, France.
Source: Fundz verified event record.
Who else raised in Financial Services and Privacy And Security around the same time
Companies in the same sectors as Shift Technology that raised within 45 days of this round, from Fundz verified event records.
- Jeeves raised $26M on June 17, 2021.
- Salt Security, Inc. raised $68M on June 16, 2021.
- Dna Payments raised $108M (Funding Round) on June 14, 2021.
- Pagos Solutions, Inc. raised an undisclosed amount on June 14, 2021.
- Welcome Tech raised $3M on June 11, 2021.
- Welcome Tech raised $33M on June 11, 2021.
Who to call at Shift Technology, and when
A new round usually means Shift Technology is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Shift Technology raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Shift Technology, from your own LinkedIn network
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Shift Technology raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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