Online used car startup Shift adds another $40M, snags COO in road to IPO
https://techcrunch.com/2019/04/10/online-used-car-startup-shift-adds-another-40m-snags-coo-in-road-to-ipo/
Online used car startup Shift Technologies has tacked on another $40 million in equity funding, hired a new COO with Amazon and Enjoy roots and scaled up its engineering staff — all in the past several months — as the company aims to double its revenue this year.
The recent activity, along with what executives have told TechCrunch is a diligent focus on unit economics, is all directed toward a larger objective to take the company public sometime in 2021.