Shift

About:

On-demand technology platform for consumers and businesses focused on the logistics market

Website: http://shift.online

Top Investors: Fuel Ventures, Salica, Jacob Corlett

Description:

Shift is a British-based technology company with global ambition. Founded in 2017 by Jacob Corlett, Chief Executive Officer, the Company is transforming the delivery and logistics industry through its tech-based platform, creating an on-demand delivery marketplace. Shift offers customers and businesses this lower cost, on-demand delivery service via smart algorithms that filter through the pre-existing routes of registered independent drivers and fleets of vehicles. It quickly locates best-suited drivers in order to facilitate jobs in the most efficient way. The company currently has ~300 employees and operates multiple brands and websites in the United Kingdom, Ireland, Germany, France, Sweden, Switzerland and Austria, establishing a significant network of logistics partners. Shift, through its recently acquired brand Movinga, is recognised as the leading relocation services platform in Europe. With a senior management team including industry veterans from app-based platforms such as Deliveroo, Uber and Gett, the business is rapidly scaling - organically and via targeted M&A - to capitalise on its first mover advantage.

Total Funding Amount:

33.5M GBP

Estimated Revenue Range:

$500M to $1B

Headquarters Location:

London, England, United Kingdom

Founded Date:

2017-02-01

Founders:

Jacob Corlett

Number of Employees:

251-500

Last Funding Date:

2022-11-29

IPO Status:

Private

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