Sift Science

Digital Fraud Prevention & Risk-Based Authentication | Sift

San Francisco, United States · Founded 2011 · $85.5M raised

Employees
201–500
Founded
2011
Business Model
B2B
Website
sift.com
Total Funding
$85.5M
Last Round
$50.0M Series EApr 2021
Rounds
5

About

Sift, formerly known as Sift Science, is a fraud prevention and digital trust & safety platform that uses machine learning to score more than 1 trillion events per year across 34,000+ sites and apps. The company protects over 700 customers -- including DoorDash, Yelp, and Poshmark -- from payment fraud, account takeover, and fake account creation, through products such as Payment Protection, Account Defense, and the Sift Score API. Sift has been fighting fraud since 2011 and holds more than 40 patents granted or allowed by the USPTO.

Summary

Sift Science is an Artificial Intelligence company based in San Francisco, United States, founded in 2011. It has raised $85.5M in total across 5 rounds, most recently a $50.0M Series E round in Apr 2021. Investors include Insight Partners, Union Square Ventures and Spark Capital.

Tech & App Stack

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Funding History

Series ESeries EApr 2021
$50.0M

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Series A through Series E — per-round amounts, valuations, and who invested in each round.

Investors

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