Shift5 Raises $33M in Funding
Summary
Shift5, a Rosslyn, VA-based onboard data company for commercial and military fleets and weapon systems, raised $33M in funding. Led by CEO Josh Lospinoso, Shift5 is an onboard data company that defends commercial transportation systems and military platforms against operational failures and OT cybersecurity risks. The Shift5 platform unlocks onboard OT data and provides modern observability into onboard assets, enabling commercial operators to increase efficiencies and improve the safety of their fleets while helping DoD operators boost fleet readiness, lethality, and survivability. Among these violations, the system elevated six critical alerts that required action and led to three assets moving from a non-compliant to a compliant status. Household name aviation companies, U.S. railroads, and fleets within the U.S. military including: U.S. Army, U.S. Navy, U.S. Air Force, U.S. Space Force, and U.S. Special Operations Command, use Shift5 to maintain the readiness and availability of today’s fleets and tomorrow’s assets.