About Shift Collect
Shift Collect is a company based in London (United Kingdom) founded in 2017. It operates as a On-Demand Services. Shift Collect has raised $31.99 million across 6 funding rounds from investors including Fuel Ventures and Salica Investments. The company has 100 employees as of April 30, 2021. Shift Collect has completed 2 acquisitions, including Movinga and Techlogico. Shift Collect offers products and services including Collection Points.
- Headquarter London, United Kingdom
- Employees 100 as on 30 Apr, 2021
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Shift Group Ltd
- Date of Incorporation 12 Feb, 2014
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$31.99 M (USD)
in 6 rounds
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Latest Funding Round
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Investors
Fuel Ventures
& 1 more
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Employee Count
100
as on Apr 30, 2021
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Investments & Acquisitions
Movinga
& 1 more
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Products & Services of Shift Collect
Shift Collect offers a comprehensive portfolio of products and services, including Collection Points. 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.
Convenient points for collecting large items are provided.
Funding Insights of Shift Collect
Shift Collect has successfully raised a total of $31.99M across 6 strategic funding rounds. 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 6
- Last Round Last Round
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First Round
First Round
(09 Oct 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Debt – Conventional - Shift Collect | Valuation |
investors |
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| May, 2021 | Amount | Series A - Shift Collect | Valuation | Fuel Ventures |
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| Jul, 2020 | Amount | Series A - Shift Collect | Valuation |
investors |
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| 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 Shift Collect
Shift Collect has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Fuel Ventures and Salica Investments. 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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Investment services in finance, healthcare, sustainability, and productivity sectors.
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by this venture capital firm.
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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 Shift Collect
Shift Collect has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Movinga and Techlogico. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Relocation services are matched via an online marketplace platform.
|
2015 | ||||
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Trucking transportation and logistics services are provided in the UK.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Shift Collect
| 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 |
Shift Collect Comparisons
Competitors of Shift Collect
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Shift Collect
Frequently Asked Questions about Shift Collect
When was Shift Collect founded?
Shift Collect was founded in 2017.
Where is Shift Collect located?
Shift Collect is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Shift Collect a funded company?
Shift Collect is a funded company, having raised a total of $31.99M across 6 funding rounds to date. The company's 1st funding round was a Series A of $7.68M, raised on Oct 09, 2017.
How many employees does Shift Collect have?
As of Apr 30, 2021, the latest employee count at Shift Collect is 100.
What does Shift Collect do?
Shift Collect is focused on providing convenient collection points for large items. The service operates within the logistics sector, ensuring accessibility for customers needing to pick up oversized goods. Solutions are tailored to simplify the collection process across various locations.
What products or services does Shift Collect offer?
Shift Collect offers Collection Points.
How many acquisitions has Shift Collect made?
Shift Collect has made 2 acquisitions, including Movinga, and Techlogico.
Who are Shift Collect's investors?
Shift Collect has 2 investors. Key investors include Fuel Ventures, and Salica Investments.
What is Shift Collect's valuation?
The valuation of Shift Collect is $140.1M as of May 2021.
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