Sift

American Fork, United States Founded: 2007 • Age: 19 yrs Acquired By Sift
Lost merchant revenue from chargebacks is recovered via cloud platform.
Annual revenue - Latest available
Total funding $16.5M 8 rounds
Employees - Tracked headcount
Investors 8 Known backers
Products 4 Services tracked
Competitors 8 Brand Intelligence

About Sift

Sift is a company based in American Fork (United States) founded in 2007 was acquired by Sift in May 2021. It operates as a SaaS (Software-as-a-Service) and Professional Services. Sift has raised $16.47 million across 8 funding rounds from investors including Sift, FINTOP and Next Frontier Capital. Sift offers products and services including Payment Protection, Account Defense, Dispute Management, and Content Integrity. Sift operates in a competitive market with competitors including Quantexa, ComplyAdvantage, Riskified, Alloy and Megvii, among others.

  • Headquarter American Fork, United States
  • Sectors
    Technology
    Industrial Goods & Manufacturing Financial Services
  • Phone
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  • Website
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  • Social
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  • Legal Name Sift Science, Inc.
Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $16.47 M (USD)

    in 8 rounds

  • Latest Funding Round
    $6.6 M (USD), Series A

    Jun 08, 2020

  • Investors
    Sift

    & 7 more

  • Employee Count
    Not available
  • Acquired by
    Sift

    (May 25, 2021)

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Products & Services of Sift

Sift offers a comprehensive portfolio of products and services, including Payment Protection, Account Defense, Dispute Management, and Content Integrity.

Product name locked
Category locked
Primary

Fraud in payments is prevented using AI-driven technology.

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Account takeovers are blocked with real-time risk analysis.

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Chargeback disputes are managed to minimize revenue loss.

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Content scams are detected to protect digital platforms.

People of Sift

Headcount 50-200
Employee Profiles 1
Employee Profiles
People
Jamie McAnally
Director Customer Success

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Teams

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Funding Insights of Sift

Sift has successfully raised a total of $16.47M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $6.6 million completed in June 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.

Investors in Sift

Sift has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Sift, FINTOP and Next Frontier Capital.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Venture capital investments are provided to technology-driven startups.
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Early-stage technology companies are invested in via thematic research.
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Investor details for Sift

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Investments & Acquisitions by Sift

Investments
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Investment portfolio details for Sift

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  • Transaction dates
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Financial Statements - Sift

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Detailed financials for Sift

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  • Profit trends
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Sift Comparisons

Sift Primary company
Description
Lost merchant revenue from chargebacks is recovered via clou...
Location
American Fork, United States
Founded Year
2007
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Sift

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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 Quantexa, ComplyAdvantage, Riskified, Alloy and Megvii, among others.

Company Name Domain Founded year HQ Location Description
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AI-powered data and decision intelligence solutions are provided for businesses.
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Cloud-based anti-money laundering solutions are provided for compliance.
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AI-based fraud prevention for e-commerce payments is provided.
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Identity decisioning platform is provided for banks and fintech firms.
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Facial recognition and AI video analysis solutions are provided.
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Provider of fraud prevention and payment validation for online retailers
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Detailed competitors of Sift

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Latest news on Sift

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Complete news archive for Sift

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Frequently Asked Questions about Sift

Sift was founded in 2007 and raised its 1st funding round 4 years after it was founded.

Sift is headquartered in American Fork, United States. It is registered at American Fork, Utah, United States.

Sift is a funded company, having raised a total of $16.47M across 8 funding rounds to date.

AI-driven fraud decisioning platforms are developed by Sift to secure digital trust. Services are offered across industries like digital commerce, fintech, and online gambling. Solutions are tailored for use cases such as payment fraud, account takeover, and chargeback disputes. Customer journeys are protected at every stage with real-time risk assessment. Growth is enabled for over 700 global brands by reducing fraud-related losses. Automation and machine learning are leveraged to scale fraud operations efficiently.

Sift's top competitors include ComplyAdvantage, Riskified and Quantexa.

Sift offers Payment Protection, Account Defense, Dispute Management, and Content Integrity.

Sift has 8 investors. Key investors include Sift, FINTOP, Next Frontier Capital, Next Coast Ventures, and Kickstart Fund.

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