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Shift Technology

shift-technology.com

Founded Year

2014

Stage

Series D - II | Alive

Total Raised

$319.72M

About Shift Technology

Shift Technology delivers AI-native decision automation and optimization solutions built specifically for the global insurance industry. Addressing several critical processes across the insurance policy lifecycle, the Shift Insurance Suite helps insurers achieve faster, more accurate claims and policy resolutions.

Headquarters Location

2-14 rue Gerty Archimede

Paris, 75012,

France

+33 1 86 95 22 82

Shift Technology's Product Videos

ESPs containing Shift Technology

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Healthcare / Healthcare Payers Tech

These companies assist in managing, processing, and validating healthcare claims and associated denials. Most are primarily based on process automation tools. These move as much human attention as possible away from low value and easily evaluable claims so that specialists can focus on more complicated, value-added work.

Shift Technology named as Leader among 8 other companies, including Gradient AI, Waystar, and CLARA Analytics.

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Shift Technology's Products & Differentiators

    Shift Insurance Decisioning Platform

    The Shift Insurance Decision Platform is a unified software architecture designed to improve insurance decisions across the entire claims lifecycle. The platform uses artificial intelligence to enhance claims decisions at multiple touchpoints, including intake, fraud detection, subrogation, and more. This eliminates bottlenecks from the claims lifecycle, yielding faster, fairer, and more accurate decisions.

Expert Collections containing Shift Technology

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Shift Technology is included in 9 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,201 items

A

AI 100

99 items

B

Banking

379 items

Startups providing solutions to banks to automate processes and operations.

I

Insurtech

3,782 items

Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience

A

Artificial Intelligence

9,442 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

F

Fintech 250

499 items

250 of the top fintech companies transforming financial services

Latest Shift Technology News

Percayso Inform Partners with Shift Technology to Deliver Enhanced Solutions for Insurance Providers

Nov 9, 2022

Insurance data intelligence provider, Percayso Inform, and Shift Technology, a provider of AI-driven decision automation […] The post Percayso Inform Partners with Shift Technology to Deliver Enhanced Solutions for Insurance Providers appeared first on Fintech Finance.

Shift Technology Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Shift Technology Rank

Shift Technology Frequently Asked Questions (FAQ)

  • When was Shift Technology founded?

    Shift Technology was founded in 2014.

  • Where is Shift Technology's headquarters?

    Shift Technology's headquarters is located at 2-14 rue Gerty Archimede, Paris.

  • What is Shift Technology's latest funding round?

    Shift Technology's latest funding round is Series D - II.

  • How much did Shift Technology raise?

    Shift Technology raised a total of $319.72M.

  • Who are the investors of Shift Technology?

    Investors of Shift Technology include Guidewire Software, Iris Capital, Accel, General Catalyst, Bessemer Venture Partners and 8 more.

  • Who are Shift Technology's competitors?

    Competitors of Shift Technology include omni:us, QantEv, ForMotiv, Metromile, Friss, Fraud Keeper, Quantexa, Arkose Labs, Sprout.ai, AIDA Technologies and 17 more.

  • What products does Shift Technology offer?

    Shift Technology's products include Shift Insurance Decisioning Platform and 4 more.

  • Who are Shift Technology's customers?

    Customers of Shift Technology include Equite Association, The CLHIA, La Banque Postale and First Central.

Compare Shift Technology to Competitors

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Friss

Friss uses proprietary analytics software to provide solutions in the fields of fraud, risk, and compliance for the insurance industry. The company offers products such as underwriting insights, risk assessment at underwriting, fraud detection at claims, compliance screening, and investigations at SIU. The company was founded in 2006 and is based in Utrecht, Netherlands.

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DataWalk

DataWalk utilizes software technology to enable customers to solve difficult problems that are important to society. Its software platform is optimized for revealing patterns, relationships, and anomalies for large-scale, multi-source intelligence operations, and data analysis. Using a massively scalable big-data engine, combined with user-friendly visual interfaces, DataWalk eliminates the restrictions of data silos, allowing government agencies and commercial enterprises to rapidly unify, access, visualize, analyze, and securely share data. Data is presented not only as cells in a table, but as understandable “objects” - such as people, transactions, or events – which are automatically interconnected in order to provide customers with a holistic view of all their data.

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Skopenow

Skopenow is replacing a manual process conducted by investigators, analysts, and examiners who are spending hours building open source reports using Microsoft Word, Facebook, and Google.

Sprout.ai Logo
Sprout.ai

Sprout.ai provides fraud detection and claims automation for the insurance industry through its platform.

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AppZen

AppZen develops finance AI software built to deliver autonomous processing for finance teams. The AI software uses deep learning, semantic analysis, and computer vision to process intelligence from thousands of data sources, documents, and images so that organizations can better understand financial transactions and make improved business decisions. The company serves clients across multi industries globally. It was founded in 2012 and is based in San Jose, California.

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CRIF

CRIF is specializing in the development and management of credit reporting, business information and decision support systems. The company supports banks and financial institutions, insurance companies, utilities and general businesses in every phase of client relations. The company is an operator on an international level concerning integrated services for business & commercial information and for credit & marketing management.

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