Shift Technologies

Shift Technologies

driveshift.com·United States·Updated Mar 24, 2020

Online used car marketplace that buys cars directly from sellers and resells them to buyers, offering home test drives and digital financing in California and Oregon.

MarketplaceE-commerce

Est. Valuation

$1B

$1,000,020,000 · 5× ARR estimate

Monthly Revenue (MRR)

$16.7M

$16,667,000/mo

Annual Revenue (ARR)

$200M

$200,004,000/yr

Founded

2014

Shift Technologies Revenue History

Revenue history for Shift Technologies from 2020 to 2026.

YearMRRARRYoY GrowthSource
2020$16,667,000$200,000,000Mar 2020

How Shift Technologies Makes Money

marketplace

Shift Technologies Funding

Shift Technologies is fully bootstrapped with no outside funding. The company has grown to $200,004,000 ARR organically.

Shift Technologies Founders

George Arison

Co-founder & Co-CEO

Toby Russell

Co-founder & Co-CEO

Shift Technologies FAQ

How much does Shift Technologies make?
Shift Technologies generates $16,667,000 in monthly recurring revenue (MRR), which is $200,004,000 annualized (ARR). This revenue figure is self-reported by the founder.
What is Shift Technologies's valuation?
Shift Technologies's estimated valuation is $1,000,020,000, calculated as a 5× multiple of its annual recurring revenue (a standard SaaS benchmark for unverified companies).
Who founded Shift Technologies?
Shift Technologies was founded in 2014 by George Arison (Co-founder & Co-CEO), Toby Russell (Co-founder & Co-CEO). The company is based in US.
Is Shift Technologies bootstrapped?
Yes, Shift Technologies is fully bootstrapped with no outside funding. The company has grown to $200,004,000 ARR organically.
What does Shift Technologies do?
Online used car marketplace that buys cars directly from sellers and resells them to buyers, offering home test drives and digital financing in California and Oregon. Shift Technologies operates in the Marketplace, E-commerce space.

Companies Similar to Shift Technologies

SaaS companies with similar tags and business models.

How We Estimate Shift Technologies's Revenue & Valuation

Profitable tracks revenue, valuation, and other key metrics for thousands of companies using a layered confidence model. Each revenue figure on this page is tagged with one of three confidence levels:

  • Verified — directly confirmed via Stripe integration or audited filings.
  • Self-reported — numbers publicly shared by the founder on X, blog posts, or interviews.
  • Estimated — derived from publicly available signals (traffic, employee count, pricing, comparables).

Valuation follows a hierarchy: public companies use the live market cap; private companies with disclosed funding rounds use the last reported valuation; otherwise we apply a conservative 5× ARR multiple as an estimate. Multiples vary by business model — SaaS typically sits 5–7×, profitable bootstrapped operations 3–5×, consumer brands 1–3×, marketplaces 8–12×.

These are estimates, not official figures. Official numbers — when available — will always override estimates.