# Shyft funding: rounds and investors

> Shyft has raised $43M across 6 rounds since 2013. Investors include FJ Labs, Madrona Venture Group and Inovia Capital. Every round with its source.

Source: https://millionrounds.com/company/shyft (Millionrounds; every figure on the page links to its filing or article)

Barbados · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Shyft*

6 rounds we have observed, with the 12 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Web3 & Crypto

Funding summary Updated 26 Oct 2026

**$43M** raised across 6 rounds since 2013, from 7 sources

**$15M** Series A **$4.0M** Series A **$1.5M** Seed **$6.5M** Series A **$16M** Series B

- **Latest round:** Venture Jun 2023
- **Biggest round:** $16M Series B · Sept 2022
- **Investors:** 12

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2015 2017 2019 2021 2023

**$15M** Series A

**$4.0M** Series A

**$1.5M** Seed

**$6.5M** Series A

**$16M** Series B

**?** Venture

- **First round:** Series A, $15M
- **Biggest round:** $16M
- **Usual gap between rounds:** 2.3 years

## The rounds

- **Jun 2023** Venture **Amount undisclosed** *1 new* *2 returning* [FJ Labs](https://millionrounds.com/fund/fj-labs) [GSR](https://millionrounds.com/fund/gsr) [Inovia Capital](https://millionrounds.com/fund/inovia-capital) Source recorded
- **Sept 2022** Series B **$16M** *5 new* [FJ Labs](https://millionrounds.com/fund/fj-labs) [Inovia Capital](https://millionrounds.com/fund/inovia-capital) [NFX](https://millionrounds.com/fund/nfx) [Moderne Ventures](https://millionrounds.com/fund/moderne-ventures) OurCrowd Source recorded
- **Nov 2018** Series A **$6.5M** *3 new* *1 returning* [Techstars](https://millionrounds.com/fund/techstars) [Right Side Capital Management](https://millionrounds.com/fund/right-side-capital-management) [Madrona Venture Group](https://millionrounds.com/fund/madrona) [Ignition Partners](https://millionrounds.com/fund/ignition-partners) Reported by FinSMEs and 1 other
- **Jul 2016** Seed **$1.5M** *1 new* [Madrona Venture Group](https://millionrounds.com/fund/madrona) Reported by Bloomberg SEC filing: $1.5M sold, first sale Jun 2016
- **Apr 2014** Series A **$4.0M** *1 new* [Milestone Venture Partners](https://millionrounds.com/fund/milestone-venture-partners) From a historical funding record
- **Dec 2013** Series A **$15M** *1 new* [Health Enterprise Partners](https://millionrounds.com/fund/health-enterprise-partners) From a historical funding record

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2013 **Series A** 2014 **Seed** 2016 **Series A** 2018 **Series B** 2022 **Venture** 2023 [FJ Labs](https://millionrounds.com/fund/fj-labs) [Madrona Venture Group](https://millionrounds.com/fund/madrona) [Inovia Capital](https://millionrounds.com/fund/inovia-capital) [Techstars](https://millionrounds.com/fund/techstars) [Right Side Capital Management](https://millionrounds.com/fund/right-side-capital-management) [GSR](https://millionrounds.com/fund/gsr) [Ignition Partners](https://millionrounds.com/fund/ignition-partners) [NFX](https://millionrounds.com/fund/nfx) [Moderne Ventures](https://millionrounds.com/fund/moderne-ventures) [Milestone Venture Partners](https://millionrounds.com/fund/milestone-venture-partners)

## Everyone who backed them

[FJ Labs](https://millionrounds.com/fund/fj-labs) VC firm **2** rounds

[Madrona Venture Group](https://millionrounds.com/fund/madrona) VC firm **2** rounds

[Inovia Capital](https://millionrounds.com/fund/inovia-capital) VC firm **2** rounds

[Techstars](https://millionrounds.com/fund/techstars) VC firm **1** round

[Right Side Capital Management](https://millionrounds.com/fund/right-side-capital-management) VC firm **1** round

[GSR](https://millionrounds.com/fund/gsr) VC firm **1** round

[Ignition Partners](https://millionrounds.com/fund/ignition-partners) VC firm **1** round

[NFX](https://millionrounds.com/fund/nfx) VC firm **1** round

[Moderne Ventures](https://millionrounds.com/fund/moderne-ventures) VC firm **1** round

[Milestone Venture Partners](https://millionrounds.com/fund/milestone-venture-partners) VC firm **1** round

[Health Enterprise Partners](https://millionrounds.com/fund/health-enterprise-partners) Private equity **1** round

OurCrowd no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=shyft).

## Quick answers about Shyft

### Who invested in Shyft?

Shyft's investors include FJ Labs, Madrona Venture Group, Inovia Capital, Techstars and Right Side Capital Management, and 7 more on record.

### How much has Shyft raised?

Shyft has raised $43M across 6 rounds since 2013. One round did not disclose an amount, so the total is a floor.

### When did Shyft last raise?

Shyft's most recent round was a Venture in Jun 2023.

### What was Shyft's biggest round?

Shyft's largest round on record is $16M (Series B), in Sept 2022.

### Who backed Shyft first?

Shyft's first round on record, in Dec 2013, was backed by Health Enterprise Partners.

### What stage is Shyft at?

Shyft's latest named round is a Venture, in Jun 2023.

### Where is Shyft based?

Shyft is based in Barbados.

## Companies like Shyft

In the same sector, and raised in the last eighteen months.

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Peso** Oct 2026](https://millionrounds.com/company/peso)[**EFY Finance** Oct 2026](https://millionrounds.com/company/efy-finance)[**Arda** $233M · Oct 2026](https://millionrounds.com/company/arda)[**Binance.US** $300M · Oct 2026](https://millionrounds.com/company/binance-us)

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