About Chift
Chift is a company based in Brussels (Belgium) founded in 2021 by Gauthier Henroz, Matthieu Hertoghe, and Henry Hertoghe.. Chift has raised $2.46 million across 1 funding round from investors including Entourage, SHAPERS and Seeder Fund. Chift offers products and services including Unified APIs, Ecommerce Sync, and POS Sync. Chift operates in a competitive market with competitors including Paragon, OpenLegacy, NayaOne, Pipedream and Teal, among others.
- Headquarter Brussels, Belgium
- Founders Gauthier Henroz, Matthieu Hertoghe, Henry Hertoghe
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Chift
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.46 M (USD)
in 1 rounds
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Latest Funding Round
$2.46 M (USD), Seed
Jun 24, 2024
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Investors
Entourage
& 2 more
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Employee Count
Employee Count
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Products & Services of Chift
Chift offers a comprehensive portfolio of products and services, including Unified APIs, Ecommerce Sync, and POS Sync. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables one integration for multiple financial tools like accounting and payments
Automates pushing sales data to accounting software for seamless operations
Syncs point-of-sale data to eliminate manual exports and imports
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Funding Insights of Chift
Chift has successfully raised a total of $2.46M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.46 million completed in June 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $2.5M
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First Round
First Round
(24 Jun 2024)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Seed - Chift | Valuation | Entourage |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Chift
Chift has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Entourage, SHAPERS and Seeder Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage SaaS and fintech startups are funded by Entourage.
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Founded Year | Domain | Location | |
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Venture debt is provided to tech start-ups based in Belgium.
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No specific activity is described for this company.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Chift
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Chift
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Chift Comparisons
Competitors of Chift
Chift operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Paragon, OpenLegacy, NayaOne, Pipedream and Teal, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
API integration solutions are facilitated via a workflow platform.
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| domain | founded_year | HQ Location |
Legacy systems are modernized via open-source API integration platforms.
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| domain | founded_year | HQ Location |
Provider of tools for streamlining POCs, third party tech evaluations and synthetic data access
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| domain | founded_year | HQ Location |
Cloud-based API integration platform for event-driven workflows is offered.
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| domain | founded_year | HQ Location |
Teal is focused on building accounting solutions for SMB software companies.
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| domain | founded_year | HQ Location |
API integration platform
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Chift
Frequently Asked Questions about Chift
When was Chift founded?
Chift was founded in 2021 and raised its 1st funding round 3 years after it was founded.
Where is Chift located?
Chift is headquartered in Brussels, Belgium. It is registered at Brussels, Brussels-capital Region, Belgium.
Who is the current CEO of Chift?
Gauthier Henroz is the current CEO of Chift. They have also founded this company.
Is Chift a funded company?
Chift is a funded company, having raised a total of $2.46M across 1 funding round to date. The company's 1st funding round was a Seed of $2.46M, raised on Jun 24, 2024.
What does Chift do?
Chift was founded in 2021 in Brussels, Belgium, within the software integration sector. An API-based platform is operated to enable multiple connections between softwares and tools. Services are extended to accounting, invoicing, CRM management, POS management, and related areas. Users are supported in developing custom tools for accounting processes. The domain chift.eu is maintained for operations.
Who are the top competitors of Chift?
What products or services does Chift offer?
Chift offers Unified APIs, Ecommerce Sync, and POS Sync.
Who are Chift's investors?
Chift has 3 investors. Key investors include Entourage, SHAPERS, and Seeder Fund.
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