About SIFT
SIFT is an Energy & Utilities company based in Oakland (United States) founded in 2017 by Nick Sanders and Ashton Vandemark, and was acquired by Gibraltar in December 2020. Solar energy projects are developed across the United States. Its chief executive, as recorded, is Ashton Vandemark. Its focus areas include Energy, Solar Energy, Project Development Services and Project Developers. Its competitors include Enel X, Longroad Energy and Recurrent Energy; 3 of its 3 listed competitors have raised funding.
Company details
Minimal content is available on SIFTs website. No detailed information about the companys activities, sectors, or solutions is provided. Further details regarding operations or focus areas are not disclosed on the site.
- Headquarters Oakland, United States
- Founders Nick Sanders, Ashton Vandemark
- Stage Acquired
- SectorsEnergy & Utilities
- Website sunfig.com
- Social LinkedIn
- Acquired by Gibraltar (Dec 2020)
- Latest Funding Round$200K (USD), Grant
Jul 2019
- InvestorsGibraltar Industries
& 1 more
- Acquired byGibraltar
(Dec 2020)
Funding Insights of SIFT
- Total Rounds 1
- Last Round Grant — $200,000
- First Round $200,000
(Jul 2019)
- Investors Count 1
All 1 funding rounds of SIFT with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2019 | $200,000 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in SIFT
SIFT has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Gibraltar Industries and OSTI.GOV.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Scientific and technical information is managed and disseminated by OSTI.GOV. | osti.gov | Oak Ridge, United States | ||
Gibraltar Industries is engaged in manufacturing products and services for multiple sectors. | 1993 | gibraltar1.com | Buffalo, United States |
Investor details for SIFT
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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- Investor portfolios
- Co-investor network
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People of SIFT
2 people are tracked at SIFT (2 in leadership).
| Name | Role | Group |
|---|---|---|
Nick Sanders | Co-Founder | Leadership |
Ashton Vandemark | Co-Founder & CEO | Leadership |
Complete people profiles for SIFT
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of SIFT
3 dated milestones of SIFT across 3 years, from founding to its latest funding, stage changes and deals.
- Founded SIFT is founded.
- Funding First funding round of $200K.
- Exit Acquired by Gibraltar.
Competitors of SIFT
SIFT has 3 listed competitors in our database, 3 of them funded. They include Enel X, Longroad Energy and Recurrent Energy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| enelx.com | 2001 | Boston, United States | $168M | 513 | Utility-scale renewable energy projects are developed by Enel X. | |
| longroadenergy.com | 2016 | San Francisco, United States | $500M | 153 | Utility-scale wind and solar power projects are developed. | |
| recurrentenergy.com | 2006 | San Francisco, United States | $585M | Utility-scale solar projects are developed and owned by Recurrent Energy. |
Detailed competitors of SIFT
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- Full competitor set
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- Benchmarks
- Competitive positioning
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Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as SIFT (Renewable & Sustainable Energy) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168.67 M | |||
Sustainable energy solutions are developed and operated worldwide. | 2000 | Chicago, Illinois, United States | USD 575 M | 1,276 | ||
Solar energy services are provided to residential customers nationwide. | 2007 | San Francisco, California, United States | USD 296.98 M | USD 2.96 B | 11,060 |
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Related news about Sift
Complete news archive for SIFT
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Frequently Asked Questions about SIFT
SIFT was founded in 2017 and raised its 1st funding round 2 years after it was founded.
SIFT is headquartered in Oakland, United States. It is registered at Oakland, California, United States.
Ashton Vandemark is the CEO of SIFT, as recorded in our data. They have also founded this company.
Minimal content is available on SIFTs website. No detailed information about the companys activities, sectors, or solutions is provided. Further details regarding operations or focus areas are not disclosed on the site.
SIFT's top competitors include Enel X, Longroad Energy and Recurrent Energy.
SIFT has 2 investors. Key investors include Gibraltar Industries, and OSTI.GOV.
Yes. SIFT was acquired by Gibraltar in December 2020.