Sift Stock
Machine Learning Powered Fraud Protection
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About Sift Stock
Sift Science, Inc. operates an online platform that aims to enable clients to fight fraud with large-scale machine learning. Its platform monitors clients' site traffic in real-time and alerts them to fraudulent activity. Sift claims its solutions gather customer data such as on-page activities, page-views, and properties of the user's device and accounts, whereby clients can use the company’s REST API to analyze customer data.
Sift Science was founded in 2011 by Jason Tan and is based in San Francisco, California. Notable Investors include Insight Partners, Union Square Ventures, and Spark Capital.
Investors
Andreessen Horowitz
Lyft, Robinhood, Databricks, Airbnb, Instacart, Stripe, Magic Leap, Anduril Industries, Rappi, CoinSwitch Kuber
Eden Ventures
First Round Capital
Flexport, AppNexus, Bowery Farming, Goat Group, Blue Apron, SingleStore, DoubleVerify, Clover Health, Fab, Roblox
Founder Collective
SeatGeek, BuzzFeed, Shield AI, Omada Health, WHOOP, Socure, Andela, Formlabs, Optimizely, Pantheon
Glassdoor
iNovia Capital
AppDirect, Neo4j, WorkFusion, Sift, Super (Previously Snapcommerce), Shyft, TripleLift
Insight Venture Partners
Delivery Hero, Letgo, Twitter, Automattic, Papaya Global, Tintri, HelloFresh, Wiz, Tenable Network Security, Inc., Udemy
Spark Capital
Anduril Industries, Slack, Affirm, MessageBird, Discord, Rapyd, Plaid, Cybereason, Plume Design, Deel
Start Fund
Goat Group, SingleStore, Sift, Fivestars, Swiftype, Virool, Apptimize, betable
SV Angel
Snap, Instacart, Stripe, Anduril Industries, DoorDash, Reddit, Zenefits, Pinterest, Opendoor, Slack
Union Square Ventures
Coinbase, Upgrade, MongoDB, C2FO, Stash Financial, Twilio, Funding Circle, Etsy, CloudFlare, Lending Club
Funding History
| November 2012 | $5.6M |
|---|---|
| April 2014 | $18.0M |
| May 2016 | $30.0M |
| March 2018 | $53.0M |
| April 2021 | $63.0M |
| September 2021 | $25.0M |
Management
Chief Executive Officer
Marc Olesen
Chief Financial Officer
Eu-Gene Sung
Press
siliconangle - Mar, 29 2022
Sift integrates biometric multifactor authentication from Keyless acquisitiontechrseries - Nov, 18 2021
Sift Joins UKG Connect Technology Partner Programspr - Nov, 17 2021
Sift Acquires Passwordless Authentication Pioneer Keyless to Provide Regulated Businesses and Online Merchants with Secure, Frictionless Authenticationpymnts - Nov, 17 2021
Sift Acquires Keyless in Battle Against Account Takeover Fraudain - Nov, 17 2021
American unicorn Sift opens an engineering hub in Ukrainemna - Nov, 17 2021
Sift, acquired Keyless Technologiesdlvr - May, 26 2021
Sift signs definitive agreement to acquire Chargebackthepaypers - Apr, 30 2021
Sift launches new features for its Digital Trust & Safety suite to protect merchants against fraudTechCrunch - Apr, 22 2021
Fraud prevention platform Sift raises $50M at over $1B valuation, eyes acquisitionsdlvr - Apr, 20 2021
Sift Upgrades Digital Trust & Safety Suite For Enhanced Fraud Preventiondlvr - Apr, 1 2021
Sift reveals new fraud ring, emerging payment fraud trendsthepaypers - Mar, 10 2021
Popular messaging app is a buffet for bad actors: a new scheme has fraudsters feasting on Telegram forumsthepaypers - Feb, 25 2021
Sift, McDonald's join forces for fraud prevention and mobile customer experiencethepaypers - Feb, 12 2021
Sift uncovers new Telegram fraud scheme to steal from restaurants and food delivery servicesdlvr - Feb, 11 2021
Fraudsters Use Telegram To Execute Restaurant Scamtechrseries - Jan, 29 2021
Sift, the Modern People Directory, Debuts New App to Enhance Microsoft Teamsthefintechtimes - Jan, 23 2021
Sift on Data Breaches: The Starting Line for The Fraud Supply Chainca - Jan, 21 2021
Sift Appoints President & COO Marc Olesen to President & CEOthepaypers - Dec, 18 2020
Fraudulent purchases in 2020 are now worth 70% more than in 2019dlvr - Oct, 14 2020
Sift introduces updates to Sift Connectthefintechtimes - Oct, 13 2020
Sift Introduces Expanded Integrations for Fraud Prevention Ahead of Festive Shoppingthepaypers - Aug, 5 2020
Sift integrates with Salesforce Commerce Cloudfinsmes - Jul, 22 2020
Sift Secures $3M in Series A Fundingthepaypers - Mar, 19 2020
Sift reveals Partner Programme to allow businesses implement digital safety techThe New York Times - Jan, 11 2020
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