FundedIQ
Artificial Intelligence

Sift: Funding, Investors & Team (Sep 2026)

Machine development requires continuous and accurate data to provide engineers with real-time feedback instead of relying on trial and error. To achieve this, a telemetry system is crucial, although it can be both costly and risky. However, Sift empowers machine creators by providing a software stack created by experienced individuals who have accomplished remarkable feats like launching rockets into space. Sift not only handles telemetry but also maximizes its potential, enabling machine creators to leverage data in ways they never thought possible. This allows engineers and innovators to achieve their objectives quicker and companies to scale up more efficiently, all while ensuring simplicity, intelligence, and security. Sift is a real-time solution that focuses on what is now attainable, rather than merely what is necessary.

www.siftstack.com LinkedIn El Segundo, United States 11-50 employees
Machine Learning Software B2C
Total raised
$25.0M
Rounds
2
Latest
Series A
Jun 2024

Sift has raised $25.0M across 2 funding rounds on record, the most recent a Series A of $17.5M announced in Jun 2024.

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

Sift Company Profile and Key Stats

Total funding raised
$25.0M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series A
$17.5M in Jun 2024
Employees
11-50
reported band
Headquarters
El Segundo, United States

Latest funding round on record: Jun 2024.

Sift Funding Rounds

Date
Round
Amount
Series A
$17.5M
Seed
$7.5M

Sift raised $7.5M in a Seed announced in Nov 2023.

7 months later, a Series A of $17.5M was announced in Jun 2024.

Sift Founders and Leadership Team

Name
Role
Contact
Janne Salminen
Founder
Lima Akter
Founder

No contact details are on record for this team yet.

Sift Funding Compared to Other Artificial Intelligence Startups

Segment
Companies
Median round
29,722
$7.5M
8,352
$15M

Sift's latest round of $17.5M is above the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.

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Sift Funding FAQs

What does Sift do?

Machine development requires continuous and accurate data to provide engineers with real-time feedback instead of relying on trial and error. To achieve this, a telemetry system is crucial, although it can be both costly and risky. However, Sift empowers machine creators by providing a software stack created by experienced individuals who have accomplished remarkable feats like launching rockets into space. Sift not only handles telemetry but also maximizes its potential, enabling machine creators to leverage data in ways they never thought possible. This allows engineers and innovators to achieve their objectives quicker and companies to scale up more efficiently, all while ensuring simplicity, intelligence, and security. Sift is a real-time solution that focuses on what is now attainable, rather than merely what is necessary.

How much funding has Sift raised?

Sift has raised $25.0M across 2 rounds on record. The most recent is a Series A of $17.5M announced in Jun 2024.

When did Sift last raise funding?

Sift's most recent funding round on record is a Series A of $17.5M, announced in Jun 2024.

Who founded Sift?

FundedIQ lists Janne Salminen (Founder), Lima Akter (Founder) at Sift.

Where is Sift headquartered?

Sift is based in El Segundo, California, United States.

How many employees does Sift have?

Sift is in the 11-50 employee band.

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

Sift's latest round of $17.5M 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 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 is left off this page rather than filled in.

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