FundedIQ
Artificial Intelligence

Sift Healthcare: Funding, Investors & Team (Sep 2026)

Sift Healthcare utilizes data science in healthcare payments by incorporating machine learning and predictive analytics to minimize insurance denials, enhance patient payments, and improve revenue cycle efficiency. The company offers valuable insights to expedite insurance payments, lower denial rates, boost patient payment collections, track payer contracts, and streamline workflows. Sift Healthcare compiles insurance claim and patient financial information in a secure, cloud-based database that complies with HIPAA regulations, serving as a centralized hub for healthcare payment data. Through various data science methods, Sift Healthcare also offers holistic recommendations for managing denials, assessing payers, collecting from patients, and acquiring new patients.

www.sifthealthcare.com LinkedIn Milwaukee, United States 11-50 employees
Artificial Intelligence (AI) FinTech Health Care Information Services InsurTech Predictive Analytics Software B2B
Total raised
$29.1M
Rounds
3
Latest
Series B
May 2024

Sift Healthcare has raised $29.1M across 3 funding rounds on record, the most recent a Series B of $20.0M announced in May 2024.

That round is above the $5.5M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.

Sift Healthcare Company Profile and Key Stats

Total funding raised
$29.1M
across 3 rounds on record
Funding rounds on record
3
Latest funding round
Series B
$20.0M in May 2024
Employees
11-50
reported band
Headquarters
Milwaukee, United States

Latest funding round on record: May 2024.

Sift Healthcare Funding Rounds

Date
Round
Amount
Series B
$20.0M
Series A
$9.0M
Undisclosed
$100k

Sift Healthcare raised $100k in an Undisclosed announced in Feb 2022.

5 months later, a Series A of $9.0M was announced in Jul 2022.

1.8 years later, a Series B of $20.0M was announced in May 2024.

Sift Healthcare Founders and Leadership Team

Name
Role
Contact
Justin Nicols
CEO
Locked

Contact details for the Sift Healthcare team: 1 of 1 has an email address on file.

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Sift Healthcare Funding Compared to Other Artificial Intelligence Startups

Segment
Companies
Median round
29,722
$7.5M
4,289
$30M

Sift Healthcare's latest round of $20.0M is above the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.

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Sift Healthcare Funding FAQs

What does Sift Healthcare do?

Sift Healthcare utilizes data science in healthcare payments by incorporating machine learning and predictive analytics to minimize insurance denials, enhance patient payments, and improve revenue cycle efficiency. The company offers valuable insights to expedite insurance payments, lower denial rates, boost patient payment collections, track payer contracts, and streamline workflows. Sift Healthcare compiles insurance claim and patient financial information in a secure, cloud-based database that complies with HIPAA regulations, serving as a centralized hub for healthcare payment data. Through various data science methods, Sift Healthcare also offers holistic recommendations for managing denials, assessing payers, collecting from patients, and acquiring new patients.

How much funding has Sift Healthcare raised?

Sift Healthcare has raised $29.1M across 3 rounds on record. The most recent is a Series B of $20.0M announced in May 2024.

When did Sift Healthcare last raise funding?

Sift Healthcare's most recent funding round on record is a Series B of $20.0M, announced in May 2024.

Who is the CEO of Sift Healthcare?

Justin Nicols is listed as CEO at Sift Healthcare.

Where is Sift Healthcare headquartered?

Sift Healthcare is based in Milwaukee, Wisconsin, United States.

How many employees does Sift Healthcare have?

Sift Healthcare is in the 11-50 employee band.

How does Sift Healthcare's funding compare to other Artificial Intelligence startups?

Sift Healthcare's latest round of $20.0M is above the $5.5M median round size for Artificial Intelligence companies on FundedIQ across 7,233 tracked companies over the last two years.

About FundedIQ's Sift Healthcare Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Sift Healthcare is left off this page rather than filled in.

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