About Shift Parts
Shift Parts is a company based in Meerane (Germany) founded in 2017 was acquired by Xometry in December 2019.. Shift Parts offers products and services including Shift Parts and Lubricants.
- Headquarter Meerane, Germany
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- Legal Name Shift Parts Inc
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Products & Services of Shift Parts
Shift Parts offers a comprehensive portfolio of products and services, including Shift Parts and Lubricants. 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.
Shift parts are supplied for vehicle transmissions and related applications
Lubricants are distributed for machinery and equipment maintenance
Funding Insights of Shift Parts
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Seed - Shift Parts | Valuation |
investors |
| 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 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. 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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Provider of early-stage venture capital funding for European technology companies
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Founded Year | Domain | Location | |
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Platform for on-demand distributed manufacturing and prototyping is provided.
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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 Parts
| 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 - Shift Parts
| 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 Parts Comparisons
Competitors of Shift Parts
| 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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Frequently Asked Questions about Shift Parts
When was Shift Parts founded?
Shift Parts was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Shift Parts located?
Shift Parts is headquartered in Meerane, Germany. It is registered at Meerane, Saxony, Germany.
What does Shift Parts do?
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.
What products or services does Shift Parts offer?
Shift Parts offers Shift Parts and Lubricants.
Who are Shift Parts's investors?
Shift Parts has 2 investors. Key investors include Xometry, and Cherry Ventures.
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