Shift5 Successfully Raises $75 Million in Series C Funding for Operational Intelligence Expansion

Shift5 Secures $75 Million Series C Funding



In a significant leap for operational technology, Shift5, a premier Operational Intelligence platform catering to the defense and transportation sectors in the U.S., has announced the successful acquisition of $75 million in Series C funding. This round was spearheaded by Hedosophia, with notable contributions from Insight Partners, Center 15 Capital, 645 Ventures, Moore Strategic Ventures, Booz Allen Ventures, Squadra Ventures, AE Industrial, Disruptive, CSP Equity Partners, and Savano Capital Partners. This influx of capital is intended to augment Shift5's capabilities in monitoring operational technology, addressing the pressing cybersecurity threats, and the challenges posed by outdated infrastructures that necessitate immediate visibility into critical systems.

The Series C funding announcement comes as a testament to the expanding influence of Shift5 within various industries, particularly in aviation, rail, maritime, and ground vehicle sectors. Since their previous funding round, the company has accomplished several milestones:

  • - Secured major defense contracts, expanding their presence across military fleets.
  • - Launched several advanced offerings, such as the Predictive Maintenance Module, GPS Integrity Module, Multi-Protocol Bus Interface Card, and Manifold 10.
  • - Established strategic partnerships with giants like Boeing, Avionica, ForeFlight, Booz Allen Hamilton, Carahsoft Technology Corp., and Amazon Web Services.
  • - Gained accolades from prestigious organizations, including recognition from Fast Company as one of the Most Innovative Companies in both Security 2025 and Data Science 2024.

Josh Lospinoso, co-founder and CEO of Shift5, expressed his enthusiasm for the funding, stating, “When we started this company, we aimed to tackle some of the most daunting challenges within operational technology for the nation's critical systems. This funding round signifies a pivotal milestone that confirms our team's hard work.” He emphasized the importance of equipping teams that secure and operate these systems with the necessary infrastructure and analytics to identify threats, foresee failures, and execute responses confidently. He added that this financial backing would catalyze their growth and ambitions to build a lasting company capable of effecting meaningful change.

Richard Wells, managing director at Insight Partners, noted, “Shift5 embodies the innovation we seek—an immensely mission-oriented team that has developed a uniquely capable platform.” Their journey has seen Insight Partners involved from the beginning, and they look forward to continuing this collaborative effort as Shift5’s technology scales across vital defense and commercial infrastructures.

The recent funding round also welcomed a new member, Shannon Clark, head of defense growth at Palantir, to Shift5's board. With her extensive background in the defense sector and growth-stage technology companies, Shannon will join a board that includes retired General Rich Clarke, former SOCOM commander and Shift5 chairman, alongside other esteemed members like Nick Sinai and Josh Lospinoso.

Expressing her excitement, Shannon stated, “Shift5 has created a formidable solution that effortlessly translates from the demanding specifications of defense environments to the essential infrastructures of the commercial sector.” With years of experience at the intersection of technology and national security, she is eager to assist this transformative company that addresses genuine challenges faced by both military personnel and transportation systems vital for economic stability.

Shift5's innovative approach leverages venture capital to fund cutting-edge technological development, effectively mitigating taxpayer risks while providing validated solutions to government clients. Retired General Rich Clarke articulated the advantages of private-sector innovation in addressing national security issues, viewing this collaboration as creating advantageous scenarios for all parties involved.

The resources amassed from the Series C funding will intensify growth trajectories on multiple fronts, including:

  • - Accelerating R&D for next-generation capabilities.
  • - Expanding go-to-market operations.
  • - Exploring new market opportunities.

David Forbes, director at Booz Allen's cyber-physical defense sector, noted the impact their partnership brings, stating, “This investment enables us to continue fostering innovations that ensure our warfighters remain mission-ready. We are thrilled about our collaborative future.”

Shift5 was established by former military personnel who capitalized on their experiences from U.S. Army Cyber Command, focusing on modernizing cyber assessments for weapon systems. Their platform is meticulously designed for rigorous field testing, ensuring the efficacy of operations, maintenance, and cybersecurity teams in identifying threats and failures. Today, Shift5 stands as a trusted partner for both military and leading transportation enterprises, ensuring the safety and reliability of both current fleet and future assets.

For detailed insights and updates, visit Shift5.

Topics Business Technology)

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