Shift5

Shift5

Observability platform for operational technology

About

Shift5 offers an observability platform that focuses on cybersecurity and data analytics for operational technology (OT) in defense and transportation sectors. The platform collects and analyzes data from onboard systems, such as buses and weapon systems, and is protocol-agnostic, allowing it to adapt to various data communication protocols. By providing real-time insights, Shift5 helps clients improve safety, maintenance scheduling, and threat detection. The company operates on a subscription model, aiming to enhance decision-making and ensure the reliability of fleet operations.

Company Stage

Series B

Employees

51-200

Industries

Data & Analytics, Cybersecurity

Total Funding

$104.1M

Headquarters

N/A

Founded

2019


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Simplify's Take

What believers are saying

  • Shift5's recent $33 million funding round and recognition as a '2023 Best Startup to Work For' indicate strong financial health and a positive work environment.
  • The introduction of advanced features like the GPS Integrity Module and Predictive Maintenance module showcases Shift5's commitment to innovation and expanding its service offerings.
  • Partnerships with major defense and transportation entities provide significant growth opportunities and market validation.

What critics are saying

  • The highly specialized focus on defense and transportation sectors may limit market diversification and expose the company to sector-specific downturns.
  • Integration challenges with diverse onboard systems could pose technical hurdles and slow down deployment timelines.

What makes Shift5 unique

  • Shift5's protocol-agnostic observability platform allows it to seamlessly integrate with any data communication protocol, setting it apart from competitors with more rigid systems.
  • The company's focus on both cybersecurity and data analytics for operational technology in defense and transportation sectors provides a unique dual value proposition.
  • Shift5's partnerships with high-profile clients like the U.S. Army and GA-ASI highlight its credibility and specialized expertise in securing critical defense systems.

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Growth & Insights
Headcount

6 month growth

4%

1 year growth

13%

2 year growth

33%

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