Shift Raises $140 Million Series D

Shift Technologies

2500 Market St.San Francisco, CA 94114-2512
855-744-3873
http://driveshift.com/cars/los-angeles

Key contact

Name Title
George Arison Co-Founder and CEO
SAN FRANCISCO, CA, Shift announced its Series D of over $140 million led by Lithia.
Shift announced its Series D of over $140 million led by Lithia (NYSE), one of the nation's leading auto retailers.

Shift Technologies is a San Francisco-based company re-thinking the experience of car ownership. The company has created a new peer-to-peer marketplace that takes the hassle and guesswork out of buying or selling a car. From getting the car ready for sale to managing inquiries and handling test drives, Shift saves sellers time while helping them to secure the best price for their car. Buyers have access to Shift's fleet of knowledgeable Car Enthusiasts who deliver on-demand test drives and white glove service without pushy sales tactics. Plus, Shift's 150-point inspection and seven-day money back guarantee helps a buyer purchase with confidence.

Funding Events

Date Amount Type Investors Lead investor
01/09/2015 $50,000,000 Series B DFJ, Goldman Sachs, Highland Capital Partners
20/07/2017 $38,000,000 Series C BMW i Ventures, DCM, DFJ, G2VP, Goldman Sachs Investment Partners, Highland Capital Management BMW i Ventures
14/09/2018 $140,000,000 Series D Lithia Lithia