About The Shift Network
The Shift Network is a company based in San Francisco (United States) founded in 2010 by Devaa Haley Mitchell and Stephen Dinan.. The Shift Network has raised $8.7 million across 1 funding round from investors including Evolve Ventures and BB Collaborative. The company has 105 employees as of December 31, 2021. The Shift Network offers products and services including Online Courses, Live Events, and On-Demand Trainings. The Shift Network operates in a competitive market with competitors including Curious, Craftsy, Kinnu, Social Swag and Learn.xyz, among others.
- Headquarter San Francisco, United States
- Employees 105 as on 31 Dec, 2021
- Founders Devaa Haley Mitchell, Stephen Dinan
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Sectors
Education
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Email
***********
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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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Total Equity Funding
$8.7 M (USD)
in 1 rounds
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Latest Funding Round
$8.7 M (USD), Series A
Oct 12, 2021
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Investors
Evolve Ventures
& 1 more
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Employee Count
105
as on Dec 31, 2021
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Products & Services of The Shift Network
The Shift Network offers a comprehensive portfolio of products and services, including Online Courses, Live Events, and On-Demand Trainings. 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.
Delivers transformational education on spirituality and healing topics
Offers virtual sessions for personal growth and community interaction
Provides self-paced programs for spiritual and wellness development
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Funding Insights of The Shift Network
The Shift Network has successfully raised a total of $8.7M through 1 strategic funding round. The most recent funding activity was a Series A round of $8.7 million completed in October 2021. 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 1
- Last Round Series A — $8.7M
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First Round
First Round
(12 Oct 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Series A - The Shift Network | Valuation | Evolve Ventures , Bridge Builders Collaborative |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 The Shift Network
The Shift Network has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Evolve Ventures and BB Collaborative. 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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BB Collaborative is focused on funding mindfulness and mind-training solutions.
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Founded Year | Domain | Location | |
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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 The Shift Network
| 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 - The Shift Network
| 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 |
The Shift Network Comparisons
Competitors of The Shift Network
The Shift Network 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 Curious, Craftsy, Kinnu, Social Swag and Learn.xyz, 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 |
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| domain | founded_year | HQ Location |
Online learning platform is provided for daily skill development.
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| domain | founded_year | HQ Location |
Marketplace for online handicraft and origami courses is operated.
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| domain | founded_year | HQ Location |
Multi-disciplinary courses are delivered through a mobile platform.
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| domain | founded_year | HQ Location |
Multi-disciplinary tutoring solutions are offered via an online platform.
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| domain | founded_year | HQ Location |
Courses are created and shared via an AI-powered platform.
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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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Frequently Asked Questions about The Shift Network
When was The Shift Network founded?
The Shift Network was founded in 2010 and raised its 1st funding round 11 years after it was founded.
Where is The Shift Network located?
The Shift Network is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of The Shift Network?
Stephen Dinan is the current CEO of The Shift Network. They have also founded this company.
Is The Shift Network a funded company?
The Shift Network is a funded company, having raised a total of $8.7M across 1 funding round to date. The company's 1st funding round was a Series A of $8.7M, raised on Oct 12, 2021.
How many employees does The Shift Network have?
As of Dec 31, 2021, the latest employee count at The Shift Network is 105.
What does The Shift Network do?
The Shift Network was founded in 2010 in San Francisco, United States, within the online education sector. App-based summits and courses focused on inspirational topics, including devotion, energy medicine, health and wellness, science, and yoga, are offered. Income is generated through an affiliate network that introduces new members to the program. The mobile app is accessible on Android and iOS platforms.
Who are the top competitors of The Shift Network?
What products or services does The Shift Network offer?
The Shift Network offers Online Courses, Live Events, and On-Demand Trainings.
Who are The Shift Network's investors?
The Shift Network has 2 investors. Key investors include Evolve Ventures, and BB Collaborative.
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