About Sift wallet
Sift wallet is a company based in San Francisco (United States) founded in 2015.. Sift wallet has raised $1.67 million across 2 funding rounds from investors including Plug and Play Tech Center, Liquid 2 Ventures and Anton Gauffin. Sift wallet operates in a competitive market with competitors including Clara, Expensify, Clarity Money, Quicken and Copilot, among others.
- Headquarter San Francisco, United States
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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
$1.67 M (USD)
in 2 rounds
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Latest Funding Round
$174.8 K (USD), Seed
Aug 25, 2020
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Investors
Plug and Play Tech Center
& 4 more
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Employee Count
Employee Count
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Funding Insights of Sift wallet
Sift wallet has successfully raised a total of $1.67M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $174.8 thousand completed in August 2020. 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 — $174,800
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First Round
First Round
(09 Mar 2017)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2020 | Amount | Seed - Sift wallet | Valuation |
investors |
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| Mar, 2017 | Amount | Seed - Sift wallet | Valuation |
investors |
| 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 Sift wallet
Sift wallet has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Plug and Play Tech Center, Liquid 2 Ventures and Anton Gauffin. 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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Venture capital fund focused on seed-stage investment in multiple sectors
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Founded Year | Domain | Location | |
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Startups are accelerated and invested in across multiple tech sectors.
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Founded Year | Domain | Location | |
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Angel investing in high-tech and life science startups since 1994.
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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 Sift wallet
| 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 - Sift wallet
| 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 |
Sift Wallet Comparisons
Competitors of Sift wallet
Sift wallet 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 Clara, Expensify, Clarity Money, Quicken and Copilot, 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 |
Meetings are scheduled using AI by adding Clara to emails.
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| domain | founded_year | HQ Location |
Cloud-based expense management solutions are offered for business travelers.
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| domain | founded_year | HQ Location |
Insights into personal finances are delivered via a mobile platform.
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| domain | founded_year | HQ Location |
Online finance and expense management is facilitated by software.
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| domain | founded_year | HQ Location |
Investment management and financial services are provided by Copilot.
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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 Sift wallet
When was Sift wallet founded?
Sift wallet was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Sift wallet located?
Sift wallet is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Sift wallet a funded company?
Sift wallet is a funded company, having raised a total of $1.67M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Mar 09, 2017.
What does Sift wallet do?
Sift is a mobile-first platform which enables the user to track the benefits related to all credit cards. Once a card is added to the app, Sift automatically tracks all the benefits (monetary or otherwise) linked with a purchase. It also tracks the price protection policies linked with a purchase, and automatically files for any benefit on the users behalf.
Who are the top competitors of Sift wallet?
Sift wallet's top competitors include Expensify, Quicken and Clarity Money.
Who are Sift wallet's investors?
Sift wallet has 5 investors. Key investors include Plug and Play Tech Center, Liquid 2 Ventures, Anton Gauffin, Sy Fahimi, and Band of Angels.
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