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.
- Website
- www.siftstack.com/
- 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
Investors
Ranked
8th among 829 active competitors
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 |
View details of Sift's funding rounds and investors
Sift's founders and board of directors
Founder? Claim ProfileHere are the details of Sift's key team members:
- Rowen Wu: Founding Product Manager of Sift. Contact Info: 1 email address
- Karthik Gollapudi: Co-Founder & CEO of Sift. Contact Info: 1 email address
View details of Sift's Founder profiles and Board Members
Sift's employee count trend
Sift has 89 employees as of Aug 26. Here is Sift's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Infor 2002, New York City (United States), Acquired | Cloud based ERP software for multi industries | $1.52B | 79/100 | |
2nd | AspenTech 1981, Bedford (United States), Acquired | Provider of enterprise asset performance management, asset performance monitoring, and asset optimization software solutions | $100M | 73/100 | |
3rd | Tulip 2014, Somerville (United States), Series D | Digitalized Manufacturing System | $291M | 70/100 | |
4th | Plex Systems 1995, Troy (United States), Acquired | Cloud-based manufacturing execution software solution | $86.5M | 69/100 | |
5th | AVEVA 1967, Cambridge (United Kingdom), Acquired | Developer of industrial software for engineering operations and data management | - | 63/100 | |
6th | Provider of product designing and development software for the manufacturing sector | - | 62/100 | ||
7th | Vantiq 2014, Walnut Creek (United States), Series B | Provider of cloud based end to end IoT platforms | $56.4M | 61/100 | |
8th | Sift 2022, El Segundo (United States), Series B | Provider of unified observability platform for hardware sensor data management | $67M | 61/100 | |
9th | Go Autonomous 2020, Copenhagen (Denmark), Series A | Provider of an autonomous commerce platform for B2B transaction management | $13.3M | 59/100 | |
10th | Steelhead Technologies 2021, Houghton (United States), Series C | Developer of manufacturing process management software for job shops | $107M | 58/100 |
Looking for more details on Sift's competitors? Click here to see the top ones
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.
•
Sift and QNX Partner to Stream Live Sensor Data from Physical AI SystemsIoT Now•Sep 21, 2026•Blackberry, Sift
•
CORRECTING and REPLACING Sift Launches Edge to Capture Telemetry in the Harshest Test EnvironmentsBusiness Wire•Aug 01, 2026•Sift
•
Sift Raises $42M in Series B Funding Led by StepStone GroupThe SaaS News•Mar 26, 2026•StepStone Group, Sift, Riot, Fika Ventures and 3 others
•
Sift Stack has filed a notice of an exempt offering of securities to raise $17,499,997.00 in New Equity Investment.intelligence360•Nov 11, 2024•Sift
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Sift Raises $17.5M Series A to Propel the Future of Machine InnovationTMC•Jun 25, 2024•Sift, Google Ventures, Astranis, Astrolab and 3 others
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Sift, a company that collects, monitors and analyzes machine data, raises $7.5 million in seed roundStartup Log•Nov 09, 2023•Sift
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