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Shift Technology Secures $220 Million in a Series D Investment Round Led by Advent International


Shift Technology Secures $220 Million in a Series D Investment Round Led by Advent International
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PARIS and BOSTON, May 6, 2021 /PRNewswire/  Shift Technology, a SaaS provider of artificial intelligence (AI)-driven decision automation and optimization solutions for the global insurance industry, today announced the company closed a Series D investment round of $220 million. The round was led by Advent International, through Advent Tech, with participation from Avenir and others. Previous Series C participants Accel, Bessemer Venture Partners, General Catalyst, and Iris Capital also joined the round. The latest funding round brings total investment in Shift to $320 million and a market valuation of more than $1 billion. The investment will fuel the company s execution of its vision to revolutionize the policyholder experience through wide-ranging products that apply AI and advanced data science to key insurance ....

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HYPR Raises $35M Series C Led by Advent International


HYPR Raises $35M Series C Led by Advent International
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NEW YORK, April 20, 2021 /PRNewswire/  
HYPR, The Passwordless Company™ today announced it has raised $35 million in a Series C financing, doubling the company s total funding to over $70 million. The investment is led by Advent International through Advent Tech, the firm s dedicated global technology fund. Advent has significant experience in cyber technology, including recent early-stage investments in Wiz and
The Series C investment comes amid significant momentum for HYPR as it grows market share and the global workforce pivots to a flexible workplace model. ....

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