About

Founded

2011

Headquarters

San Francisco, California

Industry

Security & Compliance

Company Description

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.

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Funding

Total Raised

$156.5 million

Valuation

$1 billion+

Significant Investors

First Round Capital, Union Square Ventures, Insight Partners, Y Combinator, Spark Capital

Company Traction

Between 2018 and 2021, Sift reported a revenue increase of at least 3x.

In 2020, Sift’s Digital Trust & Safety platform processed more than $250 billion+.

Sift customers include DoorDash, McDonald’s, Twitter, Twilio, Everlane, Yelp, Zillow, Reddit, Kickstarter, Box, Eaze, and Zoosk.

As of May 2023, Sift’s global data network has over 34K+ sites and apps and monitors 1 trillion events annually.

As of May 2023, Sift’s platform has $350 billion in GMV annually and provides customers with $1.5 billion in annual value.

Leadership Team

Kris Nagel: CEO at Sift. Former COO at Ping Identity.

Jason Tan: Founder & Executive Chairman at Sift. Former CTO at BuzzLabs.

Eu-Gene Sung: CFO at Sift. Former CFO at Integral Ad Science.

Neeraj Gupta: CTO at Sift. Former EVP of Engineering, Data, and Cloud Operations at Castlight Health.

Armen Najarian: CMO at Sift. Former CMO at Outseer.

Press

Fintech Finance (April 28, 2023): Sift Launches Online Fraud Fighting Community for Trust and Safety Professionals to Collaborate, Learn, and Share Intelligence and Best Practices

TechCrunch (April 22, 2021): Fraud prevention platform Sift raises $50M at over $1B valuation, eyes acquisitions

Sift