Shift Technology

AI-powered insurance decision automation and optimization

General Information
Company Name
Shift Technology
Founded Year
2013
Location (Offices)
France +9
Founders / Decision Makers
Number of Employees
553
Industries
AI, Information Technology, Insurance +2
Funding Stage
Series D
Social Media

Shift Technology - Company Profile

Shift Technology is a France-based startup, founded in 2013, specializing in AI-powered insurance decision automation and optimization. The company's solutions cater to the global insurance industry, leveraging AI, Information Technology, Insurance, Insurtech, and Machine Learning. With a recent $220.00M Series D investment on 02 November 2021, Shift Technology has garnered support from notable investors including Bessemer Venture Partners, Accel, Advent International, General Catalyst, Alma Mundi Ventures, and Guidewire Software.

Shift Technology's offerings enable insurers to automate and optimize decisions throughout the insurance process, from underwriting to claims, resulting in enhanced customer experiences, improved operational efficiency, and reduced costs. The company's slogan, "Decisions Made Better," encapsulates its vision for the future of insurance, emphasizing the impact of its AI-driven solutions on the industry and its customers.

For further information about Shift Technology and its AI decisioning solutions, interested parties can visit the company's website at www.shift-technology.com. With its innovative approach and substantial investment support, Shift Technology is poised to make a significant impact on the insurance industry.

Taxonomy: AI decisioning solutions, insurance industry, underwriting automation, claims automation, operational efficiency, customer experience optimization, insurance technology, big data analytics, machine learning applications, insurance policy lifecycle, claims resolution, global market leadership, Frost & Sullivan award

Funding Rounds & Investors of Shift Technology (10)

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Funding Stage Amount No. Investors Investors Date
Series D $220.00M 6 02 Nov 2021
Series D $220.00M 7 06 May 2021
Series C $60.00M 4 04 Mar 2019
Series B $28.00M 4 23 Oct 2017
Series A $10.00M 4 18 May 2016

View All 10 Funding Rounds

Latest News of Shift Technology

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