# Sifteo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sifteo

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.sifteo.com
- Total disclosed funding: $10M
- Latest round: Series B (May 10, 2010)
- Investors on record: 2

## About

Sifteo specializes in innovative digital products that blend physical and digital play, offering engaging interactive experiences that enhance learning and creativity.Sifteo, founded in 2009 and headquartered in San Francisco, US, creates interactive smart blocks that facilitate educational and entertaining play experiences. The company was acquired by 3D Robotics in July 2014, with financial terms undisclosed. Sifteo has completed four deals in total and has raised a total of USD 9.00 mn, with the latest funding round being a Grant of USD 0.50 mn from the National Science Foundation.Sifteo.com specializes in innovative digital products that integrate physical and digital play experiences. Their offerings include interactive smart blocks designed to enhance cognitive skills and promote collaborative play, catering to families, educators, and institutions seeking enriched learning experiences.Sifteo.com generates revenue through direct sales of its interactive smart blocks and software applications, utilizing a direct-to-consumer model alongside partnerships with educational retailers. They offer various pricing structures based on product bundles and subscription plans, targeting a diverse clientele across North America and Europe.Sifteo plans to leverage the recent Grant funding received on July 30, 2014, for expanding its product lineup and enhancing technology integration within their smart blocks. The company is targeting new markets in Europe and Asia, looking to establish a stronger presence by 2025, and is focused on launching new educational tools designed to foster collaborative learning in diverse environments.

## Funding rounds

- Series B, May 10, 2010, $9M — True Ventures, Foundry Group
- Series A, Jul 1, 2009, $1M — True Ventures

## Investors

- True Ventures (https://capitalatlas.ai/funds/true-ventures) — Series A, Series B
- Foundry Group (https://capitalatlas.ai/funds/foundry-group) — Series B