Announced
Completed
Synopsis
Advent International led a $220m Series D round in Shift Technology, a SaaS provider of artificial intelligence-driven decision automation and optimization solutions, with participation from Bpifrance, Avenir, Accel, Bessemer Venture Partners, General Catalyst and Iris Capital. "Since its founding in 2014, Shift has made a name for itself in the complex world of insurance. Shift’s advanced suite of SaaS products is helping insurers to reshape manual and often time-consuming claims processes in a safer and more automated way. We are proud to be part of this exciting company’s next wave of growth," Thomas Weisman, Advent Director.
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.