Avatar for Shift

Shift is an online marketplace for buying and selling used cars

Shift is an online marketplace for buying and selling used cars

Shift is a San Francisco-based startup with a Washington DC office that is transforming the buying, selling, and servicing of used cars into a technology-driven, hassle-free experience. With Shift, one of our friendly car enthusiasts will work as your personal concierge from start to finish, whether it’s bringing a test drive to your door or providing an instant appraisal for the car you want to sell. All of our cars pass a rigorous inspection and come with a seven day money-back guarantee. Financing is also provided on most vehicles. Basically, we save you money, time, and the aggravation of working with a used car dealer.

Product Engineer: iOS

Product Manager

Concierge

Detailing Associate

Latest Stories and News

Shift plans to go public this year as Covid-19 boosts online car sales

  • WSJ
  • 1 week ago
  • Online used-car seller Shift Technologies plans to go public in the third quarter, looking to ride the momentum of rivals Carvana and Vroom, whose valuations have jumped as the pandemic propels them past traditional dealers.
  • Shift, founded in 2013, said it would go public through a reverse merger, in which it will sell a minority stake to Insurance Acquisition Corp. a publicly traded special-purpose acquisition company.
  • Insurance Acquisition, which has no operations of its own, will raise $185 million at the time of the merger through a private sale of its shares. The deal will give San Francisco-based Shift an enterprise value of $415 million.
  • Together, Carvana, Vroom and Shift sold fewer than 300,000 cars in 2019, less than 1% of the used-car market in the U.S.
Shift plans to go public this year as Covid-19 boosts online car sales
Founder @Shift, @Curb. Worked @Google, @BCG. Ski, eat, watch movies, listen to Beethoven.
Investor at TenOneTen. Host of "LA Venture" podcast
EVP, Design @Zero. Founded @Vela & @Shift - Design Leader at Google and @Dropbox - Forbes 30 under 30: Technology

Christian Ohler

Avatar for Christian Ohler
Founded @Zero (backed by NEA, Lightbank, & more) & @Shift ($75M raised from investors including Goldman Sachs). Angel. VC@comcast-ventures. Product @Videology
Total raised

$113.8M

Funded over

3 rounds

Latest round

Series D (Apr 2019)