F
Finite State
Cybersecurity · Columbus, United States · Founded 2017
Provides product and supply chain security for connected devices and critical infrastructure, including: IoT, ICS, and OT MoreLess
Finite State specializes in automating product security for connected devices and embedded systems, including IoT, medical devices, industrial control systems (ICS), and operational technology (OT). The company serves developers and security teams by providing tools that enable them to ship products with confidence. Finite State's platform offers deep visibility into device and supply chain risks, allowing clients to comply with evolving standards and industry regulations. The business model is based on a subscription service where clients pay for continuous visibility and actionable remediation of security issues. The platform is designed to be comprehensive, fast, and fully automated, making it easier for organizations to shift from reactive to proactive security measures. By uploading firmware images, clients receive a full context risk analysis and remediation suggestions in less than one business day. This approach helps clients resolve security issues early and often, ensuring that products are secure by design. Finite State operates in the cybersecurity market, focusing on the niche of connected device security. The company makes money through subscription fees for its platform services.
Keywords: IoT security, embedded systems, risk management, compliance, firmware analysis, proactive security, automated platform, supply chain risk, vulnerability management, cybersecurity.
Company overview
Finite State company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2017
- Headquarters
- Columbus, United States
- Employees
- 78
- Open positions
- 6
- Dealroom signal
- 87.6
- Investment activity
- 1 companies · latest Jun 2024
- Capital deployed
- —
- Preferred round
- ACQUISITION
Valuation & funding
Finite State funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | Mar 2024 | $20M | $150M | Energy Impact Partners | ↗ |
| LATE VCOther financing | Oct 2021 | $0 | — | National Grid Partners (NGP) | — |
| SERIES BOther financing | Aug 2021 | $30M | $120M | SE Ventures · Energize Capital · Merlin Ventures | — |
| SERIES AOther financing | May 2020 | $13M | $50M | Energy Impact Partners · Zetta Venture Partners | ↗ |
| SEEDOther financing | Dec 2017 | $7M | $28M | Zetta Venture Partners · Drive Capital | — |
Financials
Revenue and workforce over time
Available revenue and workforce history. Fields without reported data are omitted.
| Year | Revenue | Growth | Employees |
|---|---|---|---|
| 2026 | $13M | 0% | 78 |
| 2025 | $13M | 0% | 70 |
| 2024 | $13M | 0% | 64 |
| 2023 | $13M | 0% | 58 |
| 2022 | $13M | +202.3% | 56 |
| 2021 | $4.4M | +63% | — |
| 2020 | $2.7M | — | — |
Growth signals
Finite State website traffic
Latest recorded traffic for Finite State is 34K monthly website visits, up 112.5% over the last three months. Finite State's team grew 11.4% over the past year.
Hiring
Open positions at Finite State
Current openings linked to this company in Dealroom.
Comparisons
Finite State compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
| Company | Headquarters | Status | Employees | Total funding | Valuation |
|---|---|---|---|---|---|
 Awen CollectiveCybersecurity software for critical infrastructure operational technology |
Caerphilly, United Kingdom | Acquired | 6 | $1.1M | $2.1M |
 HexensCybersecurity services for blockchain and emerging technologies |
Yerevan, Armenia | Operational | |||
 KymatioEmployee cyber risk management |
Madrid, Spain | Operational | |||
 EnvelopAI-driven cyber reinsurance underwriting and risk analytics |
London, United Kingdom | Operational | |||
 KriptosSophisticated software that classifies and labels company information using artificial intelligence |
Miramar, United States | Operational | |||
 VectraAI-driven threat detection and response for your cloud, data center, IoT and enterprise |
San Jose, United States | Operational | |||
 ZoneFoxInsider threat detection using behavioral analytics |
Edinburgh, United Kingdom | Acquired | |||
 Arctic Wolf NetworksHelps companies end cyber risk by providing cloud-native security operations technology |
Eden Prairie, United States | Operational |
Capital deployed
Finite State investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Talent graph
Finite State's talent
Source: Dealroom Talent Intelligence.
Investors
7 investors on Finite State's cap table
Sourced from Dealroom's funding and investor records.
Global footprint
Where Finite State has talent and traffic
team presence
In the news
Latest news about Finite State
Recent press, funding announcements, and product moves mentioning Finite State — open to read from the original sources.
Market sentiment
What the market is saying about Finite State
An AI-synthesized read of the highest-engagement posts about Finite State on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See Finite State’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.