France Based Shift Technology Raises $220M And Enters The Unicorn Club

Share This Post

Shift Technology, the French AI based insurtech startup, raised $220 million in a series D funding round from Advent International, Avenir Growth Capital, Accel, Bessemer Venture Partners, General Catalyst, Iris Capital and Bpifrance, at a valuaiton of over $1billion. This makes Shift the latest french fintech startup to enter the unicorn club.

Founded in 2013 by David Durrleman, Eric Sibony and Jeremy Jawish, Paris based Shift is a provider of AI-driven decision automation and optimization technology for the global insurance industry. The startup, which also operates in the UK and the US, will expand its team of data scientists, particularly in France.

Subscribe To Our Newsletter

Get updates and learn from the best

More To Explore

Discover Fintech Startups & Investors.

drop us a line to explore synergies

This website uses cookies to ensure you get the best experience on our website.