[ Paris startup Shift Technology raises $10 million in Series A funding ]

Shift Technology has raised $10 million in a round led by Accel, with participation from existing investors Iris Capital and Elaia Partners.

Shift Technology uses big data and machine learning to detect patterns of fraudulent insurance claims. This way, insurance companies can save money.

The company will used the new funds to expand the technical team, improve the product and build out a sales team.

Funding  Series A
Founded  2013
Country  Francia
City  Paris
Founder / CEO  Jeremy Jawish
Deal Size  $10M
Investors  Iris Capital
  Elaia Partners
 Accel
Previous Investors  Iris Capital
 Elaia Partners

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