When was Sift founded?

Sift was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Where is Sift located?

Sift is headquartered in San Francisco, United States.

Is Sift a funded company?

Sift is a funded company, having raised a total of $2.04M across 2 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Feb 01, 2013.

When was the latest funding round of Sift?

Sift's latest funding was a $***** Seed round on Nov 22, 2013, with participation from 3 investors.

Where does Sift rank among its competitors?

Sift ranks 12th amongst 27 active competitors, of which 7 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Flip, which secured $144M in Apr, 2024.

Who are the top competitors of Sift?

Sift's top competitors include Mushroom Street, Flip and GoWild. Among them, Flip secured the most recent funding round in April, 2024.

Sift - 2026 Company Profile, Team, Funding & Competitors

Company Details

Sift is an app-based social shopping platform. It collects data from the users' inbox, social media accounts and browsing history to give personalized product offers. It also features a shopping circle, which recommends purchases for users' friends and family based on social data it collects. The app is available on iOS and Android platforms.

Website: siftshopping.com
Social

Key Metrics

Founded Year

2012

Location

San Francisco, United States

Stage

Deadpooled

Total Funding

$2.04M in 2 rounds

Latest Funding Round

Seed, Nov 22, 2013, $*****

Investors

Future Perfect Ventures & 2 more

Ranked

12^th among 27 active competitors

Similar Companies

Mushroom Street & 145 more

View Sift's full profile

Sift has raised a total funding of $2.04M over 2 rounds. Its first funding round was on Feb 01, 2013. Its latest funding round was a Seed round on Nov 22, 2013 for $*****. 3 investors participated in its latest round. Sift has 3 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
Nov 22, 2013	5865286	Seed	6900247	7846900	5638519	2873558
Feb 01, 2013	4984728	Angel	1156067	2607836	3563472	Sand Hill Angels

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View details of Sift's funding rounds and investors

The founders of Sift is Saurin Shah.

Here are the details of Sift's key team members:

Saurin Shah: Founder of Sift. They are also an angel investor in 1 startup.

View details of Sift's Founder profiles and Board Members

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Top competitors of Sift include Mushroom Street, Flip and GoWild. 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	Mushroom Street 2000, Hangzhou (China), Public	Online community-based retailer of lifestyle products	$420M	Goldman Sachs, Trustbridge Partners & 12 others	65/100
2nd	Flip 2019, El Segundo (United States), Deadpooled	App-based video commerce platform for buying and selling multi-category products	$236M	Streamlined Ventures, WestCap & 11 others	50/100
3rd	GoWild 2016, Pewee Valley (United States), Series A	Online community-based network for outdoor activities	$3.06M	HBS Alumni Angels of Greater New York, Stadia Ventures ... & 9 others	48/100
4th	Glaze 2023, Manhattan (United States), Seed	Platform to shop fashion products from social media	$500K	Y Combinator, Amino Capital	39/100
5th	Kaboodle 2005, Sunnyvale (United States), Acquired	Elevating live experiences through technology, connecting people at events	$5M	Inventus Capital Partners, J.F. Shea Co & 11 others	39/100
6th	Playfora 2020, Atlanta (United States), Seed	Non profit organisation focused on payments for contests and raffles	$750K	Right Side Capital Management, Comeback Capital	35/100
7th	needanything.com 2011, Michigan (United States), Seed	App-based social platform for shopping	$50K	City Side Ventures, StartupNation Ventures	32/100
8th	TruePicShop 2017, San Jose (United States), Unfunded	App-based social shopping platform	-	-	32/100
9th	The List 2016, New York City (United States), Seed	Social shopping network app offering luxury fashion products	$2.4M	TURN8, Rachel Zoe Ventures & 2 others	32/100
10th	Svpply 2009, New York City (United States), Acqui-Hired	Global online marketplace connecting buyers and sellers of diverse products	$550K	Spark Capital, Founder Collective	30/100
12th	Sift 2012, San Francisco (United States), Deadpooled	App-based social shopping platform	$2.04M	Future Perfect Ventures, Sand Hill Angels ... & 1 others	26/100