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.
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 |
Top 100 Next Unicorns 2024 by Viva Technology