Sift
Founded Year
2011Stage
Series E | AliveTotal Raised
$156.52MValuation
$0000Last Raised
$50M | 2 yrs agoAbout Sift
Sift Science provides real-time machine learning fraud prevention solutions for online businesses across the globe. Its machine learning software automatically learns and detects fraudulent behavioral patterns, alerting businesses before they or their customers are defrauded. Beyond this, the company has also launched a new set of products designed to detect and mitigate additional types of fraud and abuse, including: Account abuse, Content abuse, and Promo abuse.
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ESPs containing Sift
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The fraud detection & prevention market offers a range of technology solutions to help businesses combat fraudulent activity across digital and physical channels. These solutions provide real-time analysis of potential customer interactions, identity verification, and authentication, as well as comprehensive fraud detection and prevention capabilities. The market is driven by the growth of e-comme…
Sift named as Outperformer among 15 other companies, including Signifyd, ComplyAdvantage, and Featurespace.
Missing: Sift's Product & Differentiators
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Research containing Sift
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CB Insights Intelligence Analysts have mentioned Sift in 8 CB Insights research briefs, most recently on Feb 27, 2023.
Expert Collections containing Sift
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Sift is included in 12 Expert Collections, including Unicorns- Billion Dollar Startups.
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Fintech 250
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AI 100
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Sift Patents
Sift has filed 40 patents.
The 3 most popular patent topics include:
- Computer security
- Social networking services
- Computer network security
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
9/15/2022 | 5/9/2023 | Natural language processing, Artificial intelligence, Computer security, Computational linguistics, ER (TV series) | Grant |
Application Date | 9/15/2022 |
|---|---|
Grant Date | 5/9/2023 |
Title | |
Related Topics | Natural language processing, Artificial intelligence, Computer security, Computational linguistics, ER (TV series) |
Status | Grant |
Latest Sift News
Apr 27, 2023
San Francisco, California, UNITED STATES SAN FRANCISCO, April 27, 2023 (GLOBE NEWSWIRE) -- Sift , the leader in Digital Trust & Safety, announced the launch of its new online customer community, “Sifters.” Previously available in a limited beta, Sifters hosts product documentation, discussion forums, education, and a network of global professionals. Sift customers can learn from, interact with, and share information with each other, including emerging fraud threats they encounter. Additionally, the community portal allows any Sift customer to engage directly with product experts and the Trust and Safety Architect (TASA) team, Sift’s group of in-house advisors and advocates who previously held fraud prevention roles at companies such as Google, Facebook, Square, and Airbnb. "One of the main benefits of becoming a Sift customer is the ability to plug into and contribute to our global data network, which processes over 1 trillion events per year,” said Kris Nagel, CEO of Sift. “Now our customers can supplement their access to the Sift data network by joining a human one.” A core group of Sift customers have been onboarded to Sifters as beta testers, including digital wallet and trading platform Uphold. "Fraudsters have been working together for years and it’s time fraud and risk professionals had an online community space of our own,” said Rob McCall, Director of Fraud at Uphold. “Being able to connect with both the Sift team and other customers is a major value-add and I’m excited to see the Sifters community grow into a true collaboration hub for our industry.” Learn more about Sifters on the Sift blog here . About Sift Sift is the leader in Digital Trust & Safety, empowering digital disruptors to Fortune 500 companies to unlock new revenue without risk. Sift dynamically prevents fraud and abuse through industry-leading technology and expertise, an unrivaled global data network of one trillion (1T) events per year, and a commitment to long-term customer partnerships. Global brands such as DoorDash, Twitter, and Wayfair rely on Sift to gain a competitive advantage in their markets. Visit us at sift.com , and follow us on LinkedIn . Media Contact:
Sift Frequently Asked Questions (FAQ)
When was Sift founded?
Sift was founded in 2011.
Where is Sift's headquarters?
Sift's headquarters is located at 123 Mission Street, San Francisco.
What is Sift's latest funding round?
Sift's latest funding round is Series E.
How much did Sift raise?
Sift raised a total of $156.52M.
Who are the investors of Sift?
Investors of Sift include Union Square Ventures, Insight Partners, Stripes Group, Spark Capital, Max Levchin and 17 more.
Who are Sift's competitors?
Competitors of Sift include BioCatch, Fraud.net, VU Security, UrbanFox, Fraudio, Clausematch, Unit21, Incognia, BehavioSec, Justt and 25 more.
Compare Sift to Competitors
Signifyd combines machine learning with human work to eliminate online payment fraud for e-commerce companies. The company leverages big data, machine learning and domain expertise to provide a financial guarantee against fraud on approved orders that later turn out to be fraudulent.
BioCatch provides behavioral authentication and threat detection solutions. The company offers risky transactions and protects users against cyber threats, such as Account Takeovers, Man-in-the-Browser (MitB) Malware, and Remote Access (RAT) attacks. It also offers employee authentication experience while protecting access to IT assets. BioCatch was founded in 2010 and is based in Tel Aviv, Israel.
ComplyAdvantage operates as a financial crime risk data and detection platform. It offers a real-time database of people and companies to help organizations identify risk events from structured and unstructured data points. It serves banks, insurance, payments, cryptocurrency, and more sectors. The company was founded in 2014 and is based in London, United Kingdom.
Venminder provides a comprehensive suite of credit union and bank vendor management software and services to assess, monitor and manage third-party vendor risks. With its software and integrated services, users can outsource some or all of the tactical side of vendor management.
Forter provides a fraud prevention and protection solutions for e-commerce companies. It offers solutions such as fraud management, abuse prevention, identity protection, payment optimization, chargeback recovery, and more. It was founded in 2013 and is based in New York, New York.
Clausematch offers a collaboration platform that applies machine learning to help compliance, legal, finance, operations, and risk departments automate impact assessment and collaborate throughout the entire implementation process. It ensures compliance, reduces costs, demonstrates compliance to regulators, and speeds up implementation. The company was founded in 2012 and is based in London, England.
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