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Sift - About the company

Sift is a series B company based in El Segundo (United States), founded in 2022 by Rowen Wu and Karthik Gollapudi. It operates as a Provider of unified observability platform for hardware sensor data management. Sift has raised $67M in funding from investors like Google Ventures, StepStone Group and Datum. The company has 829 active competitors, including 97 funded and 58 that have exited. Its top competitors include companies like Infor, AspenTech and Tulip.

Company Details

Provider of unified observability platform for hardware sensor data management. The platform facilitates data ingestion, storage, visualization, and review for modern machines. It offers centralized insights without code, alongside purpose-built storage for high cardinality telemetry. The platform supports rule-based anomaly detection, root cause analysis, and data sharing. It also aids in reporting, certification, and hardware genealogy across various industries.
Social
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Email ID
*****@siftstack.com
Key Metrics
Founded Year
2022
Location
El Segundo, United States
Stage
Series B
Total Funding
$67M in 3 rounds
Latest Funding Round
Ranked
Employee Count
89 as on Aug 31, 2026
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Sift's funding and investors

Sift has raised a total funding of $67M over 3 rounds. Its first funding round was on Nov 07, 2023. Its latest funding round was a Series B round on Mar 25, 2026 for $*****. 5 investors participated in its latest round. Sift has 8 institutional investors.

Here is the list of recent funding rounds of Sift:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 25, 2026
1797246
Series B
9000232
4182503
6932126
5054561
Apr 30, 2024
4171791
Series A
2418727
2084446
9534891
3534245
Nov 07, 2023
2854943
Series A
9721265
5000520
8043627
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Sift's founders and board of directors

Founder? Claim Profile
The founders of Sift are Rowen Wu and Karthik Gollapudi. Karthik Gollapudi is the CEO of Sift.
Here are the details of Sift's key team members:

Sift's employee count trend

Sift has 89 employees as of Aug 26. Here is Sift's employee count trend over the years:
Employee count trend for Sift
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Sift's Competitors and alternates

Top competitors of Sift include Infor, AspenTech and Tulip. Here is the list of Top 10 competitors of Sift, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Infor
Infor
2002, New York City (United States), Acquired
Cloud based ERP software for multi industries
$1.52B
79/100
2nd
Logo for AspenTech
AspenTech
1981, Bedford (United States), Acquired
Provider of enterprise asset performance management, asset performance monitoring, and asset optimization software solutions
$100M
73/100
3rd
Logo for Tulip
Tulip
2014, Somerville (United States), Series D
Digitalized Manufacturing System
$291M
70/100
4th
Logo for Plex Systems
Plex Systems
1995, Troy (United States), Acquired
Cloud-based manufacturing execution software solution
$86.5M
69/100
5th
Logo for AVEVA
AVEVA
1967, Cambridge (United Kingdom), Acquired
Developer of industrial software for engineering operations and data management
-
63/100
6th
Logo for Lectra
Lectra
1973, Paris (France), Public
Provider of product designing and development software for the manufacturing sector
-
62/100
7th
Logo for Vantiq
Vantiq
2014, Walnut Creek (United States), Series B
Provider of cloud based end to end IoT platforms
$56.4M
61/100
8th
Logo for Sift
Sift
2022, El Segundo (United States), Series B
Provider of unified observability platform for hardware sensor data management
$67M
61/100
9th
Logo for Go Autonomous
Go Autonomous
2020, Copenhagen (Denmark), Series A
Provider of an autonomous commerce platform for B2B transaction management
$13.3M
59/100
10th
Logo for Steelhead Technologies
Steelhead Technologies
2021, Houghton (United States), Series C
Developer of manufacturing process management software for job shops
$107M
58/100
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Sift's Investments and acquisitions

Sift has made no investments or acquisitions yet.

Reports related to Sift

Here is the latest report on Sift's sector:

News related to Sift

Media has covered Sift for a total of 4 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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