About Sifter
Sifter is a company based in Chicago (United States) founded in 1989 by Andrew Parkinson and Thomas Parkinson. Sifter has raised $11.22 million across 3 funding rounds from investors including Wintrust, Valor Equity Partners and HPA. Sifter offers products and services including Sifter App, Sifter API, and Dynamic Product Search. Sifter operates in a competitive market with competitors including Spoon Guru, Nutritionix, Fig, Spoonful and Codecheck, among others.
- Headquarter Chicago, United States
- Founders Andrew Parkinson, Thomas Parkinson
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Sectors
Retail
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Email
Locked
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Phone
Locked
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Website
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Social
Locked
- Legal Name Sifter Sp, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$11.22 M (USD)
in 3 rounds
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Latest Funding Round
$5 M (USD), Series A
May 25, 2022
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Investors
Wintrust
& 2 more
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Employee Count
Not available
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Products & Services of Sifter
Sifter offers a comprehensive portfolio of products and services, including Sifter App, Sifter API, and Dynamic Product Search.
App for personalized food search based on health profiles.
Tools for embedding personalized grocery data into platforms.
Real-time engine for filtering foods by dietary attributes.
Funding Insights of Sifter
Sifter has successfully raised a total of $11.22M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in May 2022. 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 Sifter
Sifter has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Wintrust, Valor Equity Partners and HPA.
| Investor | Description | Founded Year | Domain | Location |
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Private equity firm
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Early-stage startups are funded through venture capital investments.
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Bank offering diversified financial services
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Investor details for Sifter
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Investments & Acquisitions by Sifter
Investment portfolio details for Sifter
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Financial Statements - Sifter
Detailed financials for Sifter
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Sifter Comparisons
Peer comparison for Sifter
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Competitors of Sifter
Sifter 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 Spoon Guru, Nutritionix, Fig, Spoonful and Codecheck, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Nutritional information of food products is analyzed via AI-powered platform.
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The world's largest branded food database is maintained globally.
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Dietary and nutrition information is provided via a personalized platform.
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Food scanner and grocery app for dietary matching are provided.
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Online platform providing product information to consumers through barcode scanning
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Detailed competitors of Sifter
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Latest news on Sifter
Complete news archive for Sifter
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Frequently Asked Questions about Sifter
Sifter was founded in 1989 and raised its 1st funding round 31 years after it was founded.
Sifter is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Sifter is a funded company, having raised a total of $11.22M across 3 funding rounds to date.
Founded in 1989 and based in Chicago, United States, Sifter operates in the nutrition technology sector. Scalable solutions are provided to healthcare platforms, health insurers, and food benefit providers. Healthy eating options are enabled through these integrations. Co-founders Andrew Parkinson and Thomas Parkinson, who serves as CPO, lead the companys efforts in this domain.
Sifter's top competitors include Spoon Guru, Nutritionix and Fig.
Sifter offers Sifter App, Sifter API, and Dynamic Product Search.
Sifter has 3 investors. Key investors include Wintrust, Valor Equity Partners, and HPA.