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Shift logo — The browser for power users. It’s all of your apps, account...

Shift

The browser for power users. It’s all of your apps, accounts, and workflows in one beautiful desktop workstation.

Founded 2016 Canada San Francisco, Canada 52 employees Post-IPO Debt Total: $504.00M E-Commerce, Logistics +3

General Information

Company Name Shift
Founded Year 2016
Location Canada San Francisco, Canada
Founders / Decision Makers
Team member
Employees 52
Industries E-Commerce, Logistics, Marketplaces +2
Funding Stage Post-IPO Debt
Social

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How does Shift compare?

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About Shift

Shift is a renowned end-to-end auto ecommerce platform founded in 2013, headquartered in the United States, and publicly traded on NASDAQ under the ticker symbol SFT. The company's mission is to revolutionize the used car industry by offering a seamless, technology-driven customer experience. With the slogan "On a mission to make buying and selling used cars fun, fair, and accessible to everyone," Shift aims to simplify the car ownership journey, making it enjoyable, fair, and inclusive for all. Shift's comprehensive digital solutions encompass every aspect of the car ownership lifecycle, from finding the right car to a digitally-driven purchase transaction, including financing and vehicle protection products. The company also excels in facilitating efficient digital trade-in/sale transactions and providing ongoing support during the car ownership period, ensuring a high-value experience for customers. The latest investment in Shift came in the form of a $20.00M Post-IPO Debt investment on 15 March 2022, with SoftBank Capital participating as the investor. The influx of funding provides a strong indication of investor confidence in Shift's innovative approach to transforming the traditional car buying and selling experience. As Shift continues to disrupt the industry and expand its reach, it presents a compelling opportunity for venture capital firms seeking to invest in the e-commerce and logistics sectors. #Ifyouknowyoushift

Business keywords: auto ecommerce platform, used car industry, technology-driven, hassle-free customer experience, digital solutions, car ownership, seamless transaction, vehicle protection products, digital trade-in, support services, innovative car buying, digital car selling, fair pricing, transparent process, customer-centric approach

Funding Rounds & Investors (11)

View All
Funding Stage Amount Investors Lead Investors Date
Post IPO Debt $20.00M 1
SoftBank Capital
SoftBank Capital
15 Mar 2022
Post IPO Equity $185.00M 3
ArrowMark Partners Fidelity
ArrowMark Partners, Fidelity +1
14 Oct 2020
Series D $40.00M -
10 Apr 2019
Debt Financing $70.00M -
13 Sep 2018
Series D $71.00M 9
BMW i Ventures DFJ Growth Doll Capital Management
BMW i Ventures, DFJ Growth +7
13 Sep 2018
Series C Undisclosed 1
Alliance Innovation Lab Shanghai
Alliance Innovation Lab Shanghai
18 May 2018
Series C $38.00M 7
BMW i Ventures Doll Capital Management Highland Capital Partners
BMW i Ventures, Doll Capital Management +5
19 Jul 2017
Series B $50.00M 6
Doll Capital Management Highland Capital Partners Fenway Summer Ventures
Doll Capital Management, Highland Capital Partners +4
01 Sep 2015
Series A $24.00M 10
DN Capital Doll Capital Management Great Oaks
DN Capital, Doll Capital Management +8
18 Nov 2014
Seed Round Undisclosed 9
Great Oaks Fenway Summer Ventures Hard Yaka
Great Oaks, Fenway Summer Ventures +7
05 May 2014

View All 11 Funding Rounds

Shift Alternatives & Competitors

View All Alternatives
Shift vs
Spinny
Spinny India

Buy and sell your car the Spinny way. From first search to front door – we’ll help you go further, f...

Venture round
4773 employees
E-Commerce, Trading Platform
Compare Shift vs Spinny
Shift vs
CarZar.co.za
CarZar.co.za South Africa

An online car buying service, enabling consumers to sell their used vehicle with ease.

Venture round
2 employees
E-Commerce, Automotive
Compare Shift vs CarZar.co.za
Shift vs
Deliver My Ride
Deliver My Ride

Experience a seamless, anonymous car-buying process from your device, with home or office delivery a...

Seed
E-Commerce, Internet
Also compare with: Shift vs Gowago Gowago View all alternatives

FAQ About Shift

The browser for power users. It’s all of your apps, accounts, and workflows in one beautiful desktop workstation.
Shift was founded in 2016.
Shift is headquartered in San Francisco, Canada.
Shift operates in E-Commerce, Logistics, Marketplaces, Retail and Automotive. Its work centres on auto ecommerce platform, used car industry, technology-driven and hassle-free customer experience.
Shift has approximately 52 employees.
Shift has completed 11 funding rounds, raising a total of $504.00M. The latest funding stage is Post-IPO Debt.
Top alternatives and competitors to Shift include Spinny, CarZar.co.za, Deliver My Ride, Truckbazi, Carzami. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Shift and Spinny are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Shift, https://www.bouncewatch.com/company/shift-1, updated 28 November 2024. When citing, please name BounceWatch and link this page.

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