Shift Technology using AI to battle Insurance Fraud #insuretech

When I first spotted Shift Technology with their focus on fraud detection for insurance, I assumed I would find a venture in Israel (which is known for smarts in finding the bad guys in cyberspace, as we outlined when we went to Israel on our Fintech global tour). So I was surprised to find that Shift Technology is a Paris based venture. There is a lot more tech innovation in France than the image of economic sclerosis would lead you to assume. The next thing that jumps out at you is that they recently closed a 10m Series A round in a tough market from a top tier VC (Accel Partners). So they must be doing something right.