Tech Company Financing Transactions
Shift Technology Funding Round
Shift Technology, based in Paris, scored $10 million from Accel Partners, Elaia Partners and Iris Capital.
Transaction Overview
Company Name
Announced On
5/19/2016
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
Proceeds Purpose
Today's round will be used to expand the technical team, improve the product and build out a sales team. Accel's Sonali de Rycker is joining the board.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
130 rue de Lourmel
Paris, 75015
France
Paris, 75015
France
Phone
Website
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.
Management Team
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