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Shift Technologies

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Used car marketplace makes it simple to find a car, have a test drive delivered to you, and finance and purchase a car on the spot

San Francisco, United StatesFounded 2013Transportation
Revenue $671M Latest reported FY

About Shift Technologies

Shift Technologies, Inc. is a forward-thinking company that has revolutionized the way people buy and sell used cars. Operating primarily in the online automotive market, Shift serves a diverse range of clients, including individuals looking to purchase a reliable used vehicle and those wanting to sell their cars without the hassle of traditional dealerships.

Shift's business model is centered around providing a seamless, transparent, and efficient car buying and selling experience. Customers can browse thousands of high-quality, verified used cars on Shift's website, all of which have undergone a rigorous 150-point inspection by certified mechanics. Each vehicle comes with a complete history report, ensuring buyers have all the information they need to make an informed decision.

The buying process is designed to be straightforward and stress-free. Customers can shop for cars online based on their preferences, arrange for a test drive from the comfort of their home, and complete the purchase within about an hour. Shift offers competitive financing options, including prequalification and a car loan calculator, to help buyers find the best financial solution for their needs. Additionally, the company provides protection plans for added peace of mind.

Shift also caters to sellers by offering a convenient and fair way to sell their cars. The company promises no-haggle pricing, ensuring that sellers receive a competitive offer without the need for stressful negotiations. Once an offer is accepted, Shift handles the entire process, including vehicle pickup and payment.

Shift makes money through the sale of used cars and the financing options it provides. By streamlining the buying and selling process and eliminating the need for physical dealerships, Shift can offer competitive prices and a superior customer experience.

In summary, Shift Technologies, Inc. is transforming the used car market with its innovative online platform, providing a hassle-free, transparent, and efficient way for customers to buy and sell used cars.

Source: Dealroom company data

At a glance

Status
Listed
Founded
2013
Headquarters
San Francisco, United States
Listing
IPO 2019
Sector
Transportation

Investors

21 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed7 investors entered at this stage

Series A7 investors entered at this stage

Series B and later7 investors entered at this stage

  • BMW i Ventures
  • G2 Venture Partners
  • Alliance Ventures
  • Lithia Motors
  • Bossa Invest
  • Fidelity Investments
  • ArrowMark Partners
Team profiled 62 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇺🇸 United States90.7%
🇬🇪 Georgia1.3%
🇪🇬 Egypt1.3%
🇳🇵 Nepal1.3%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Shift Technologies on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See Shift Technologies on the full Dealroom platform

Live deal flow, founder pedigree, hiring signals, revenue trajectory, and the full cap table.