Tech Company Financing Transactions

Shift Technology Funding Round

Bessemer Venture Partners, Accel Partners and General Catalyst Partners participated in a $60 million Series C venture round for Shift Technology. The round was announced on 3/5/2019.

Transaction Overview

Company Name
Announced On
3/5/2019
Transaction Type
Venture Equity
Amount
$60,000,000
Round
Series C
Investors

Bessemer Venture Partners (Lead Investor) (Charles Birnbaum)

Accel Partners (Brian O'Malley)

General Catalyst Partners (Adam Valkin)

Iris Capital

Proceeds Purpose
This new funding will support continued evolution of Shift's fraud detection solutions and enable the company to accelerate product development focused on automating the entire claims process for carriers and their customers.

Company Information

Company Status
Private & Independent
Industry
InsureTech
Mailing Address
130 rue de Lourmel
Paris, 75015
France
Email Address
Overview
Shift Technology provides insurance companies with an innovative SaaS solution to improve and scale fraud detection. The analyses performed by Shift are fast and thorough, quantitative and qualitative.
Profile
Shift Technology LinkedIn Company Profile
Social Media
Shift Technology Company Twitter Account
Company News
Shift Technology News
Facebook
Shift Technology on Facebook
YouTube
Shift Technology on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jeremy Jawish
  Jeremy Jawish LinkedIn Profile  Jeremy Jawish Twitter Account  Jeremy Jawish News  Jeremy Jawish on Facebook
Chief Technical Officer
David Durrleman
  David Durrleman LinkedIn Profile  David Durrleman Twitter Account  David Durrleman News  David Durrleman on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/5/2019: Tagomi Systems venture capital transaction
Next: 3/6/2019: Zinier venture capital transaction

 

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