About Shift Parts
Shift Parts is a company based in Meerane (Germany) founded in 2017, and was acquired by Xometry in December 2019. It operates as a CNC machining solutions provider. Shift Parts offers products and services including Shift Parts and Lubricants. Its legal entity is Shift Parts Inc.
Company details
Shift was founded in 2017 in Meerane, Germany, where precision CNC machining and related manufacturing services are delivered to sectors including machine building, robotics, medical, design, furniture, consumer goods, electronics, construction, automotive, and energy. Operations involve CNC milling, CNC turning, laser cutting, plasma cutting, polishing, blasting, powder coating, and heat treatment, supporting diverse industrial needs.
- Headquarters Meerane, Germany
- Stage Acquired
- Email••••••••
- Phone•••• ••••
- Website shift.parts
- Social LinkedIn Facebook
- Acquired by Xometry (Dec 2019)
- Legal Name Shift Parts Inc
Products & Services of Shift Parts
Shift Parts offers a comprehensive portfolio of products and services, including Shift Parts and Lubricants.
Shift parts are supplied for vehicle transmissions and related applications
Lubricants are distributed for machinery and equipment maintenance
Funding Insights of Shift Parts
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Shift Parts with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2018 | – | Seed | – | – |
2 investors in total: 2 institutional.
Investors in Shift Parts
Shift Parts has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Xometry and Cherry Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of early-stage venture capital funding for European technology companies | – | cherry.vc | Berlin, Germany | |
Platform for on-demand distributed manufacturing and prototyping is provided. | 2013 | xometry.com | Gaithersburg, United States |
Investor details for Shift Parts
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Shift Parts
3 dated milestones of Shift Parts across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Shift Parts is founded.
- Funding First funding round.
- Exit Acquired by Xometry.
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Frequently Asked Questions about Shift Parts
Shift Parts was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Shift Parts is headquartered in Meerane, Germany. It is registered at Meerane, Saxony, Germany.
Shift was founded in 2017 in Meerane, Germany, where precision CNC machining and related manufacturing services are delivered to sectors including machine building, robotics, medical, design, furniture, consumer goods, electronics, construction, automotive, and energy. Operations involve CNC milling, CNC turning, laser cutting, plasma cutting, polishing, blasting, powder coating, and heat treatment, supporting diverse industrial needs.
Shift Parts offers Shift Parts and Lubricants.
Shift Parts has 2 investors. Key investors include Xometry, and Cherry Ventures.
Shift Parts operates through Shift Parts Inc.
Yes. Shift Parts was acquired by Xometry in December 2019.