France's Shift Technology, an SaaS Provider of AI based Decision Automation for Insurance, Secures $220M via Series D

Shift Technology's latest investment round brings total investment in the company to $320 million along with a market valuation of over $1 billion. This investment reportedly marks Advent's sixth growth equity investment in 2021. Shift's round was led by Advent International, via Advent Tech, along with contributions from Avenir and other investors.