Shift Technology raises $28 million for AI-powered fraud detection

Shift Technology announced today that it raised a $28 million series B funding round to help grow its business using AI to mitigate insurance fraud.
The Paris-based startup will use the fresh infusion of cash to expand its footprint to New York and Tokyo in the first quarter of next year. The company is making that move to be closer to customers in two of the world’s largest insurance markets, where it doesn’t already have a physical presence. It already has offices in London, Singap