About Shiftmove
Shiftmove is a company based in Berlin (Germany) founded in 2023 was acquired by Battery Ventures in October 2024. It operates as a SaaS, and B2B. Shiftmove has completed 3 acquisitions, including OCEAN, Optimum Automotive and Orange Business. Shiftmove offers products and services including Fleet Fahrtenbuch, Fleet Geo, Avrios, and Vimcar Fahrtenbuch. Shiftmove operates in a competitive market with competitors including Fleetmatics, Azuga, Everest Fleet, Fleetx and Avrios, among others.
- Headquarter Berlin, Germany
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
OCEAN
& 2 more
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Acquired by
Battery Ventures
(Oct 15, 2024)
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Products & Services of Shiftmove
Shiftmove offers a comprehensive portfolio of products and services, including Fleet Fahrtenbuch, Fleet Geo, Avrios, and Vimcar Fahrtenbuch. 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.
Automates mileage tracking for company fleets and ensures compliance.
Provides real-time vehicle location and route optimization for efficiency.
Centralizes fleet administration and performance insights for businesses.
Offers automated trip logging for self-employed and fleet users.
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Funding Insights of Shiftmove
| 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 Shiftmove
Shiftmove has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Battery 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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Investments in technology companies are conducted globally by Battery Ventures.
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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 Shiftmove
Shiftmove has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include OCEAN, Optimum Automotive and Orange Business. 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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SaaS platform for fleet management and mobility solutions is provided.
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2015 | ||||
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Provider of networking, IT security, cloud solution, consulting, and digital transformation services
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2004 | ||||
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Fleet management and vehicle telematics solutions
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2003 |
| 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.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Shiftmove
| 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 |
Shiftmove Comparisons
Competitors of Shiftmove
Shiftmove 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 Fleetmatics, Azuga, Everest Fleet, Fleetx and Avrios, 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 |
Fleet management solutions are provided for tracking and optimization needs.
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| domain | founded_year | HQ Location |
GPS vehicle tracking and fuel management solution
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| domain | founded_year | HQ Location |
Platform offering fleet management services for taxis, goods, and drivers
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| domain | founded_year | HQ Location |
AI, IoT, and analytics are utilized for fleet management.
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| domain | founded_year | HQ Location |
Fleet management software is provided for vehicle and driver oversight.
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| domain | founded_year | HQ Location |
AI-powered fleet safety solutions via camera systems are provided.
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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 Shiftmove
Frequently Asked Questions about Shiftmove
When was Shiftmove founded?
Shiftmove was founded in 2023.
Where is Shiftmove located?
Shiftmove is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
What does Shiftmove do?
Shiftmove is a technology company that delivers software solutions for fleet management, including digital logbooks, GPS tracking, and cost optimization. It automates processes like vehicle monitoring and regulatory compliance for businesses in Europe. The platform helps fleet managers reduce costs and improve efficiency through real-time data and analytics, serving corporate clients and prosumer customers.
Who are the top competitors of Shiftmove?
What products or services does Shiftmove offer?
Shiftmove offers Fleet Fahrtenbuch, Fleet Geo, Avrios, and Vimcar Fahrtenbuch.
How many acquisitions has Shiftmove made?
Shiftmove has made 3 acquisitions, including OCEAN, Optimum Automotive, and Orange Business.
Who are Shiftmove's investors?
Shiftmove has 1 investor. Key investors include Battery Ventures.
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