About Finite State
Finite State is a company based in Columbus (United States) founded in 2017 by Matt Wyckhouse.. Finite State has raised $62.5 million across 3 funding rounds from investors including Energy Impact Partners, Merlin Ventures and Drive Capital. Finite State has completed 1 acquisition, including MergeBase. Finite State offers products and services including Finite State Platform and Security & Compliance Services. Finite State operates in a competitive market with competitors including Armis Security, Upstream Security, Claroty, Ordr and SandboxAQ, among others.
- Headquarter Columbus, United States
- Founders Matt Wyckhouse
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$62.5 M (USD)
in 3 rounds
-
Latest Funding Round
$20 M (USD), Series B
Mar 22, 2024
-
Investors
Energy Impact Partners
& 5 more
-
Employee Count
Employee Count
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Finite State
Finite State offers a comprehensive portfolio of products and services, including Finite State Platform and Security & Compliance Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Detects vulnerabilities in code and binaries for connected devices.
Manages SBOMs and ensures regulatory compliance for products.
Unlock access to complete
Funding Insights of Finite State
Finite State has successfully raised a total of $62.5M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in March 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $20.0M
-
First Round
First Round
(05 May 2020)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Series B - Finite State | Valuation | Energy Impact Partners |
|
| Aug, 2021 | Amount | Series B - Finite State | Valuation | Energize Capital | |
| May, 2020 | Amount | Series A - Finite State | Valuation | Energy Impact Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Finite State
Finite State has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Energy Impact Partners, Merlin Ventures and Drive Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital fund focused on growth-stage startups
|
Founded Year | Domain | Location | |
|
Venture capital firm focused on pre-seed and seed stage investments
|
Founded Year | Domain | Location | |
|
Seed and early-stage tech investments are made in the US.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Finite State
Finite State has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include MergeBase. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Enterprise application security solutions provider
|
2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Finite State
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Finite State Comparisons
Competitors of Finite State
Finite State operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Armis Security, Upstream Security, Claroty, Ordr and SandboxAQ, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Wireless security platform for IoT applications is provided.
|
|
| domain | founded_year | HQ Location |
Connected vehicle fleets are secured via cloud-based cybersecurity platforms.
|
|
| domain | founded_year | HQ Location |
Industrial cybersecurity for IoT systems is delivered through cloud-based solutions.
|
|
| domain | founded_year | HQ Location |
Security solutions for IoT device vulnerabilities are developed.
|
|
| domain | founded_year | HQ Location |
Large quantitative models and AI solutions are developed for enterprises.
|
|
| domain | founded_year | HQ Location |
Endpoint security is provided against firmware and hardware attacks.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Finite State
Frequently Asked Questions about Finite State
When was Finite State founded?
Finite State was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is Finite State located?
Finite State is headquartered in Columbus, United States. It is registered at Columbus, Ohio, United States.
Who is the current CEO of Finite State?
Matt Wyckhouse is the current CEO of Finite State. They have also founded this company.
Is Finite State a funded company?
Finite State is a funded company, having raised a total of $62.5M across 3 funding rounds to date. The company's 1st funding round was a Series A of $12.5M, raised on May 05, 2020.
What does Finite State do?
Finite State was founded in 2017 in Columbus, United States, within the cybersecurity sector. A platform is operated for continuous network monitoring to identify vulnerable devices, real-time analysis of traffic to detect threats, deployment of sensors and decoys to expand attack surfaces, and issuance of automatic alerts with intelligence for incident response. Leadership is provided by co-founder and CEO Matt Wyckhouse.
Who are the top competitors of Finite State?
Finite State's top competitors include Armis Security, Upstream Security and Ordr.
What products or services does Finite State offer?
Finite State offers Finite State Platform and Security & Compliance Services.
How many acquisitions has Finite State made?
Finite State has made 1 acquisition, including MergeBase.
Who are Finite State's investors?
Finite State has 6 investors. Key investors include Energy Impact Partners, Merlin Ventures, Drive Capital, Zetta Venture Partners, and SE Ventures.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.