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Sift Science provides AI-powered fraud prevention that protects digital transactions and user accounts for businesses.
Founded in 2011 in San Francisco, US, Sift Science sells a subscription AI-Powered Fraud Platform that detects account takeover, payment fraud, fake account creation and content abuse. Clients include DoorDash, Yelp and Poshmark, and the platform processes over 1 trillion events per year. The company has raised USD 50.00 mn through 6 deals, including a USD 50 mn Series E in April 2021 led by Insight Partners with participation from Stripes and Union Square Ventures. CEO Marc Olesen leads the firm.
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