Shift Technology
Delivers the only AI-native decision automation and optimization solutions built specifically for the global insurance industry.
- B2B
- saas
- commission
- security
- fintech
- data protection
- identity & access
- regtech
- insurance
- artificial intelligence
- big data
- deep tech
- machine learning
- computer vision
- dt and ls
- core ai
- radar de l'innovation
- analytics
- ai applications
- tech for business
- verified unicorns and $1b exits
- observatoire deeptech
- fraud management
- pandc insurance
- digital: ai and quantum computer
- participations bpifrance
- insurtech claim
- insurtech underwriting
- techscale200
- frenchtech120
- missionfrenchtech
- cybersecurity related
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor investor investor investor | €0.0 | round | |
$220m Valuation: $1.0b 44.2x EV/Revenue | Series D | ||
| Total Funding | 000k | ||
| EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 27 % | 41 % | 1165 % | 46 % | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
Related Content
Shift Technology is a company that specializes in providing AI-driven SaaS solutions designed to help insurance companies detect fraud and automate claims processing. Operating in the insurance technology market, Shift Technology serves a wide range of insurance providers, from large multinational firms to smaller regional players. The company's core business model revolves around offering subscription-based software solutions that leverage artificial intelligence to analyze vast amounts of data, identify fraudulent activities, and streamline claims processing. By automating these processes, Shift Technology enables insurers to make more accurate decisions, reduce operational costs, and improve customer satisfaction. The company generates revenue primarily through subscription fees for its software services, as well as through additional consulting and support services.
Keywords: AI, SaaS, insurance, fraud detection, claims automation, data analysis, efficiency, decision-making, subscription-based, technology.