About rift
rift is a company based in San Francisco (United States) founded in 2022 by Edvard Eriksson.. rift has raised $5.13 million across 2 funding rounds from investors including Sequoia Capital, Y Combinator and Soma Capital. rift operates in a competitive market with competitors including Dialpad, Return Path, MessageGears, Litmus and SalesHood, among others.
- Headquarter San Francisco, United States
- Founders Edvard Eriksson
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.13 M (USD)
in 2 rounds
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Latest Funding Round
$5 M (USD), Seed
Jul 24, 2024
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Investors
Sequoia Capital
& 2 more
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Employee Count
Employee Count
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Funding Insights of rift
rift has successfully raised a total of $5.13M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $5 million completed in July 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $5.0M
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First Round
First Round
(01 Jan 2023)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Seed - rift | Valuation | Sequoia Capital | |
| Jan, 2023 | Amount | Seed - rift | Valuation | Y Combinator |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in rift
rift has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Sequoia Capital, Y Combinator and Soma Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Early-stage investments are provided by Soma Capital to startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by rift
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - rift
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Rift Comparisons
Competitors of rift
rift operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Dialpad, Return Path, MessageGears, Litmus and SalesHood, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based unified communication solutions including voice and video are provided.
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| domain | founded_year | HQ Location |
Email marketing automation and fraud protection platform
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| domain | founded_year | HQ Location |
Email marketing platform for enterprises
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| domain | founded_year | HQ Location |
Email marketing testing and analytics tools are provided to professionals.
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| domain | founded_year | HQ Location |
Sales enablement platform for training teams with crowdsourced video content.
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| domain | founded_year | HQ Location |
AI assistant utilized by sales reps for lead nurturing campaigns.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about rift
When was rift founded?
rift was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is rift located?
rift is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of rift?
Fil Twarowski is the current CEO of rift.
Is rift a funded company?
rift is a funded company, having raised a total of $5.13M across 2 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Jan 01, 2023.
What does rift do?
Rift was founded in 2022 and is headquartered in San Francisco, United States. The company operates in the sales enablement sector, providing a platform that supports sales teams with tools for managing outreach sequences, email handling, call tracking, meeting bookings, and related activities. Operations focus on streamlining sales processes through integrated functionalities tailored for team efficiency.
Who are the top competitors of rift?
rift's top competitors include Dialpad, MessageGears and Return Path.
Who are rift's investors?
rift has 3 investors. Key investors include Sequoia Capital, Y Combinator, and Soma Capital.
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