Sift was founded in 2011 by Brandon Ballinger and Jason Tan. In December 2023, Sift’s product team announced a new workflow simulation with advanced data fraud protection. Sift has not publicly endorsed a plan to participate in an IPO.
Sift is a fraud prevention company whose platform helps online merchants assess and minimize risk during digital transactions. Per Forge data, the company has raised a total of $156.5 million in funding over 8 rounds, and their latest funding was raised on Feb 5, 2022. Key investors include Union Square Ventures, Insight Partners, Stripes, and Spark Capital.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
| Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
|---|---|---|---|---|---|---|
| 09/24/2021 | Series E-1 | $25MM | $xx.xx | $1.84B | Next Coast Ventures, Primo Ventures | |
|
Price per Share
$xx.xx
Shares Outstanding
965,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Next Coast Ventures, Primo Ventures
|
||||||
| 04/22/2021 | Series E | $63MM | $xx.xx | $1.28B | Global Venture Capital, Insight Partners, Stripes, Union Square Ventures | |
|
Price per Share
$xx.xx
Shares Outstanding
3,497,549
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Global Venture Capital, Insight Partners, Stripes, Union Square Ventures
|
||||||
| 03/21/2018 | Series D | $53MM | $xx.xx | $578.04MM | Insight Venture Partners, Spark Capital, Stripes Group, Union Square Ventures | |
|
Price per Share
$xx.xx
Shares Outstanding
7,984,668
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Insight Venture Partners, Spark Capital, Stripes Group, Union Square Ventures
|
||||||
| 07/19/2016 | Series C | $30MM | $xx.xx | $236.43MM | Insight Venture Partners, Spark Capital, Union Square Ventures | |
|
Price per Share
$xx.xx
Shares Outstanding
10,037,274
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Insight Venture Partners, Spark Capital, Union Square Ventures
|
||||||
| 05/14/2014 | Series B | $18MM | $xx.xx | $195.4MM | First Round Capital, Max Levchin, Spark Capital, Union Square Ventures | |
|
Price per Share
$xx.xx
Shares Outstanding
6,362,505
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
First Round Capital, Max Levchin, Spark Capital, Union Square Ventures
|
||||||
| 03/20/2013 | Series A | $5.59MM | $xx.xx | $57.85MM | Chris Dixon, Founder Collective, Rich Barton, Union Square Ventures | |
|
Price per Share
$xx.xx
Shares Outstanding
6,054,332
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Chris Dixon, Founder Collective, Rich Barton, Union Square Ventures
|
||||||
| Last Funding Round | ||||||||
|---|---|---|---|---|---|---|---|---|
| Company | Forge Price | Forge Price Change 5 | Last Closed Trade | Share Class | Post-Money Valuation | Price per Share | Amount Raised | |
 | Anduril | $42.52 | +42.78% | $xx.xx | Series G | $28B | $xx.xx | $2.58B |
 | Cerebras | $28.78 | -0.14% | $xx.xx | Series F-1 | $2.87B | $xx.xx | $420MM |
 | Discord | $239.72 | +6.61% | $xx.xx | Series I | $15.2B | $xx.xx | $500MM |
 | Klarna | $37.31 | +21.02% | $xx.xx | Unknown | -- | -- | -- |
 | Kraken | $22.43 | +0.4% | $xx.xx | Series B | $5.52B | $xx.xx | $52.5MM |
 | Figure | $5.76 | +7.87% | $xx.xx | Series D | $3.33B | $xx.xx | $220MM |
 | Liquid Death | $9.00 | -6.25% | $xx.xx | Series F-1 | $1.4B | $xx.xx | $67.61MM |
 | Figma | $38.00 | +0.03% | $xx.xx | Series E | $10B | $xx.xx | $200MM |
 | Circle | $30.00 | +17.65% | $xx.xx | Series F | $8.05B | $xx.xx | $401MM |
 | Chime | $31.50 | +0.8% | $xx.xx | Series G | $24.93B | $xx.xx | $1.1B |
Updated on: Feb 12, 2025
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