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PAS

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PAS distributes industrial control system cybersecurity, process safety, and asset optimization software to industrial facilities

Houston, United StatesFounded 1993Energy
Valuation $250–500M Last recorded · 2017
Revenue $10–50M Latest reported FY
Headcount 1–2k Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for PAS and the history behind them.

About PAS

PAS, part of Hexagon, specializes in delivering software solutions that enhance industrial cybersecurity, process safety, and automation asset management. The company serves a diverse range of industrial clients, including 13 of the top 15 refining and chemical companies globally. Operating in the industrial control systems (ICS) and operational technology (OT) sectors, PAS focuses on ensuring the integrity of operational data and systems. PAS's business model revolves around providing software and services that help industrial organizations prevent, detect, and remediate cyber threats, reduce process safety risks, and optimize profitability. The company generates revenue through software licensing, subscription services, and consulting engagements. Key offerings include Cyber Integrity, which ensures the security of ICS environments, and Automation Integrity, which manages and optimizes automation assets. PAS also provides solutions for remote operations, alarm management, and high-performance human-machine interfaces (HMI). By aggregating, analyzing, and controlling process boundary information, PAS enables operators to maintain efficient, safe, and profitable operations. The company's commitment to trusted data for decision-making positions it as a leader in the industrial lifecycle management space.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
1993
Headquarters
Houston, United States
Employees
1,050
Open positions
None listed
Dealroom signal
68.6/100
Industry
Security, Energy
Sub-industry
Public safety
Sector
Energy, Asset Management, Cybersecurity, Hard Tech
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Nov 2020 $0 — Hexagon —
GROWTH EQUITY VC✓Equity / VC Apr 2017 $40M $280M Undisclosed —
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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020 —
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Growth signals

PAS website traffic

Latest recorded traffic for PAS is 2.1K monthly website visits, up 707.7% over the last three months. PAS's team grew 6% over the past year.

Latest monthly visits2.1K 3-month web change+707.7% 1-year team growth+6%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Other known investors2 additional known investors

  • Hexagon
  • Tinicum
Team profiled 10 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
46 countries with
team presence
🇺🇸 United States23.5%
🇫🇷 France9.4%
🇪🇬 Egypt7.4%
🇩🇿 Algeria4.7%
🏳️ Côte d'Ivoire4%
Top 5 of 46 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about PAS on X, ranked by likes and reposts, corporate channels excluded.

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

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