SHYFT Analytics

Waltham, United States Founded: 2005 • Age: 21 yrs Acquired By Medidata
Data management and analytics solutions are offered for life sciences.
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About SHYFT Analytics

SHYFT Analytics is a company based in Waltham (United States) founded in 2005 was acquired by Medidata in June 2018.. SHYFT Analytics has raised $61.5 million across 4 funding rounds from investors including Medidata, Health Enterprise Partners and Optum Ventures. The company has 151 employees as of December 31, 2018. SHYFT Analytics operates in a competitive market with competitors including Verily, IQVIA, ACTO, Alation and IMS Health, among others.

  • Headquarter Waltham, United States
  • Employees 151 as on 31 Dec, 2018
  • Sectors
    Technology
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Shyft Analytics
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure
Healthcare → Biotechnology, Genomics & Life Sciences Research
Healthcare → Health Technology & Digital Health
Technology → Cloud, Data & Analytics Infrastructure
Technology → Cloud, Data & Analytics Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $61.5 M (USD)

    in 4 rounds

  • Latest Funding Round
    $7.5 M (USD), Series B

    Mar 29, 2017

  • Investors
    Medidata

    & 4 more

  • Employee Count
    151

    as on Dec 31, 2018

  • Acquired by
    Medidata

    (Jun 12, 2018)

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Funding Insights of SHYFT Analytics

SHYFT Analytics has successfully raised a total of $61.5M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $7.5 million completed in March 2017. 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 Rounds 4
  • Last Round Series B — $7.5M
  • First Round

    (17 Dec 2013)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2017 Amount Series B - SHYFT Analytics Valuation

investors

Aug, 2016 Amount Series B - SHYFT Analytics Valuation

investors

Apr, 2014 Amount Series A - SHYFT Analytics Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in SHYFT Analytics

SHYFT Analytics has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Medidata, Health Enterprise Partners and Optum 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage tech and offline focused VC firm funding companies in the US
Founded Year Domain Location
Investments are directed by McKesson Ventures toward early-stage healthcare startups.
Founded Year Domain Location
Investments are focused on healthcare and information technology sectors.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by SHYFT Analytics

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - SHYFT Analytics

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Shyft Analytics Comparisons

Employees
+
Add Comparison
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Competitors of SHYFT Analytics

SHYFT Analytics 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 Verily, IQVIA, ACTO, Alation and IMS Health, 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
AI-based solutions for health management are provided.
domain founded_year HQ Location
Clinical research and commercialization solutions are provided for healthcare.
domain founded_year HQ Location
AI and SaaS-based educational platform for life sciences is provided.
domain founded_year HQ Location
AI and cloud-based platform for enterprise data cataloging is provided.
domain founded_year HQ Location
SaaS and AI-based market intelligence is provided for healthcare companies.
domain founded_year HQ Location
Cloud-based log management and infrastructure monitoring are offered.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about SHYFT Analytics

When was SHYFT Analytics founded?

SHYFT Analytics was founded in 2005 and raised its 1st funding round 8 years after it was founded.

Where is SHYFT Analytics located?

SHYFT Analytics is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.

Is SHYFT Analytics a funded company?

SHYFT Analytics is a funded company, having raised a total of $61.5M across 4 funding rounds to date. The company's 1st funding round was a Series A of $19M, raised on Dec 17, 2013.

How many employees does SHYFT Analytics have?

As of Dec 31, 2018, the latest employee count at SHYFT Analytics is 151.

What does SHYFT Analytics do?

SHYFT Analytics was founded in 2005 and is headquartered in Waltham, United States. Operations focus on the life sciences sector, where clinical, commercial, and real-world evidence data are integrated through an analytics platform to deliver patient-centric insights. The platform serves pharmaceutical, biotech, and medical device enterprises, with specialized analytic solutions provided for areas including specialty products, market launches, real-world evidence, market access, rare diseases, and sales performance.

Who are the top competitors of SHYFT Analytics?

SHYFT Analytics's top competitors include Verily, IQVIA and ACTO.

Who are SHYFT Analytics's investors?

SHYFT Analytics has 5 investors. Key investors include Medidata, Health Enterprise Partners, Optum Ventures, McKesson Ventures, and Activate Venture Partners.

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