Overview

Shift5 offers an observability platform that focuses on cybersecurity and data analytics for operational technology (OT) in defense and commercial fleets. The platform collects and analyzes data from onboard systems, providing real-time insights that enhance safety, availability, and resilience. It is protocol-agnostic, allowing it to adapt to various data communication protocols, and operates on a subscription model. The goal is to enable clients to make informed decisions to prevent failures and improve the performance of their fleets.

Simplify's Take

What believers are saying

• Growing demand for cybersecurity in transportation due to rising cyber threats.
• Increased interest in predictive maintenance technologies to reduce costs and improve reliability.
• U.S. Department of Defense's focus on cybersecurity presents opportunities for Shift5.

What critics are saying

• Emerging OT cybersecurity startups could threaten Shift5's market share.
• Rapid evolution of cyber threats may outpace Shift5's technological capabilities.
• Economic downturns could lead to reduced budgets for cybersecurity solutions.

What makes Shift5 unique

• Shift5 offers a protocol-agnostic platform adaptable to any data communication protocol.
• The company provides real-time, data-driven insights for defense and transportation sectors.
• Shift5's platform enhances safety, availability, and resilience of operational technology assets.

Help us improve and share your feedback! Did you find this helpful?

YesNo

Funding

Total Funding

$104.1M

Above

Industry Average

Funded Over

4 Rounds

Notable Investors:

Insight Partners

Notable Investors:

Insight Partners

$33,000,000

Series B

Jun 2023

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.

Series B Funding Comparison

Meet Average

Industry standards

Ind Avg. $35M

$4M

$30M

$33M

$45M

$65M

$100M

View all funding stages