Auto site disrupter Shift raises $38 million from BMW

20 Jul 2017
Beepi may be gone, but competing direct-to-consumer automotive classified disrupter Shift just raised $38 million U.S.. And not from just any investor: this was from auto manufacturer BMW through its iVentures fund. With the new round, Shift has raised a total of $110 million U.S..

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Brian Blum

Brian Blum covers the U.S., Canada and Israel for Classified Intelligence Report, and contributes to our special reports and research projects. Originally from San Francisco and now based in Jerusalem, he has been with the AIM Group since 2004. He is the president of Blum Interactive Media, specializing in writing and multimedia content development for online, print, video and audio. His clients include newspapers, universities and non-profits. He is currently working on a book about the billion-dollar bankruptcy of a once high-flying Israeli startup.