Finite State

Columbus, OH · Founded 2017 · Privately Held (backing)

Developer of a product security platform designed to manage the vulnerabilities in connected devices. Finite State is based in Columbus, OH and was founded in 2017. Its last reported valuation was $250 million in Feb 2024. It has raised $72.8 million.

Last reported valuation
$250.0M
Oct 2026
Priced at
—
Total raised
$72.8M
Last round
—

Finite State key facts

as of Oct 2026
  • Developer of a product security platform designed to manage the vulnerabilities in connected devices.
  • Finite State is valued at approximately $250.0M as of Oct 2026 (last reported valuation).
  • It has raised $72.8M; the latest was Later Stage VC in Sep 2025.
  • Notable investors include Energy Impact Partners, Drive Capital, SE Ventures, National Grid Partners, Merlin Ventures — 9 tracked in total.
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$250.0M

Finite State's last reported valuation, Feb 2024. Nothing priced has surfaced since.

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Finite State funding rounds

No rounds on record

No funding rounds for Finite State are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

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Finite State valuation

Finite State's last reported valuation was $250 million in Feb 2024. No priced round, secondary trade or fund mark has surfaced since.

Finite State investors

9 investors are on record for Finite State, including Energy Impact Partners, Drive Capital, SE Ventures and National Grid Partners.

About Finite State

Developer of a product security platform designed to manage the vulnerabilities in connected devices. The company's platform automatically scans each device and provides an in-depth analysis of the device's firmware, including the presence of known vulnerabilities, hard-coded credentials, and other crucial information that affects the overall risk, enabling clients to get network visibility into supply chain devices, detect threats, and defend the complete network.

Sector
Information Technology
HQ
Columbus, OH, United States
Founded
2017
Employees
73
Ownership
Privately Held (backing)

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