Fuel Ventures led the Series A financing for the on-demand removals platform.
"My first company was a 'man and van' removals service. I started the business when I was just 17 years old and built it from the ground up, but as disruptive apps and companies like Uber, Airbnb and Deliveroo began to gain popularity, I saw that my customers' expectations were changing. I decided to apply the same business model to the removals market, and that's where Shift started."
The storage company secured backing from venture capital firm DN Capital alongside retail investors to fund expansion.
"It shows that VCs as well as other institutional investors can invest alongside the crowd and reinforces the fact that crowdfunding is now a seriously credible and viable funding platform."