About Sift
Sift is a company based in Detroit (United States) founded in 2015. It operates as a SaaS (Software-as-a-Service). Sift has raised $3 million across 1 funding round. Sift offers products and services including Sift Org Chart, Sift Profiles, and Sift Search. Sift operates in a competitive market with competitors including Cornerstone, Korn Ferry, Visier, ActivTrak and ChartHop, among others.
- Headquarter Detroit, 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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- Legal Name Sift Enterprises Corp.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3 M (USD)
in 1 rounds
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Latest Funding Round
$3 M (USD), Series A
Jul 22, 2020
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Investors
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Employee Count
Employee Count
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Products & Services of Sift
Sift offers a comprehensive portfolio of products and services, including Sift Org Chart, Sift Profiles, and Sift Search. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Org charts are created for clear reporting visibility.
Employee profiles are built to showcase unique contributions.
People are found quickly based on skills and roles.
Unlock access to complete
Funding Insights of Sift
Sift has successfully raised a total of $3M through 1 strategic funding round. The most recent funding activity was a Series A round of $3 million completed in July 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 1
- Last Round Series A — $3.0M
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First Round
First Round
(22 Jul 2020)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2020 | Amount | Series A - Sift | Valuation |
investors |
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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 |
Investments & Acquisitions by Sift
| 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
| 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 Comparisons
Competitors of Sift
Sift 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 Cornerstone, Korn Ferry, Visier, ActivTrak and ChartHop, 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 |
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| domain | founded_year | HQ Location |
Cloud-based HRMS platform powered by AI for workforce management.
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| domain | founded_year | HQ Location |
Talent acquisition and consulting services are provided globally.
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| domain | founded_year | HQ Location |
Cloud-based workforce analytics and planning software is offered.
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| domain | founded_year | HQ Location |
Workforce analytics solutions are provided for employee monitoring and productivity.
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| domain | founded_year | HQ Location |
Cloud-based platform for enterprise organization chart management and workforce analytics
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| domain | founded_year | HQ Location |
Enterprise analytics are provided for employee productivity insights.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Sift
Frequently Asked Questions about Sift
When was Sift founded?
Sift was founded in 2015 and raised its 1st funding round 5 years after it was founded.
Where is Sift located?
Sift is headquartered in Detroit, United States. It is registered at Detroit, Michigan, United States.
Is Sift a funded company?
Sift is a funded company, having raised a total of $3M across 1 funding round to date. The company's 1st funding round was a Series A of $3M, raised on Jul 22, 2020.
What does Sift do?
Sift is developed as a leading people directory platform to enhance organizational transparency and connectivity. It is utilized to create dynamic org charts, detailed employee profiles, and efficient search tools for finding the right personnel. Solutions are provided for integrating with existing collaboration tools like Microsoft Teams and intranets. The platform is designed to foster stronger relationships within companies, improve productivity, and bridge engagement gaps in distributed work environments. Sectors served include technology and human resources management.
Who are the top competitors of Sift?
Sift's top competitors include Cornerstone, Korn Ferry and Visier.
What products or services does Sift offer?
Sift offers Sift Org Chart, Sift Profiles, and Sift Search.