Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
Shift
company
About
Shift is an online marketplace for buying and selling used cars.
- San Francisco,California,United States
- 501 - 1000
- http://shift.com
Details
- Last Funding Type
- Post-IPO Debt
- Last Funding Money Raised
- $20M
- Industries
- Automotive,E-Commerce,Logistics,Marketplace,Retail Technology
- Founded date
- Jan 1, 2013
- Number Of Employee
- 501 - 1000
- Operating Status
- Active
- Stock Symbol
- nasdaq:SFT
- Legal Name
- Shift Technologies, Inc.
- Also Known As
- Shift Technologies
Shift is an online marketplace for buying and selling used cars. Acting as a personal concierge service, the company details cars, lists them on multiple lists, handles test drives, and finds intent buyers. Charging a Shift Service Fee for registration, car prep services, and sales tax, Shift provides customers with a 150-point concierge report that includes specs, high-resolution photos, vehicle history, and results on their cars before purchase.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
12
$504M
Shift has raised a total of
$504M
in funding over 2 rounds. Their latest funding was raised on
Mar 15, 2022 from a Post-IPO Debt round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Mar 15, 2022 | Post-IPO Debt | $20M | 1 |
SoftBank Group International
|
— | Detail |
| Oct 14, 2020 | Post-IPO Equity | $185M | 3 | — | — | Detail |
| Oct 13, 2020 | IPO | — | — | — | — | Detail |
| Apr 10, 2019 | Series D | $40M | — | — | — | Detail |
| Sep 13, 2018 | Debt Financing | $70M | — | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
5
26
Shift is funded by 26 investors.
SoftBank Group International
and Lithia Motors
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
SoftBank Group International
|
Yes | Post-IPO Debt |
Lithia Motors
|
Yes | Series D |
ArrowMark Partners
|
— | Post-IPO Equity |
Bossanova Investimentos
|
— | Post-IPO Equity |
Fidelity Management and Research Company
|
— | Post-IPO Equity |
BMW i Ventures
|
— | Series D |
DCM Ventures
|
— | Series D |
G2 Venture Partners
|
— | Series D |
Goldman Sachs Investment Partners
|
— | Series D |
Highland Capital Partners
|
— | Series D |
Employee Profiles
Number of Employee Profiles
16
Shift has 16 current employee profiles, including
Board member Adam Nash
Board member
Board observer
Board member
Board member
Board observer
Acquisition
Shift has acquired 3 organizations. Their most recent acquisition was Opsolutely on May 1, 2018. They acquired Opsolutely for 0.
Share
Twitter
LinkedIn
Line
Facebook
Telegram
Email
Page Link
