United States · Series C startup

Who invested in Shift5

2 rounds we have observed, with the 8 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cybersecurity

Funding summaryUpdated 26 Oct 2026

$78Mraised across 2 rounds since 2019, from 2 sources

$2.5MRound$75MSeries C
Latest round
Series C, $75MSept 2025
Step-upi
30×
Investors
8 (1 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

202020212022202320242025
$2.5MRound$75MSeries C
First round
Round, $2.5M
Sept 2019
Biggest round
$75M
Series C · Sept 2025
Between rounds
6 years
from the last two

The rounds

  1. Sept 2025
    Series C$75M3 new

    Source recorded

  2. Sept 2019
    Round$2.5M5 new

    Reported by FinSMEs

Founders and team

From Shift5's own website: 1 founder, 3 on the team.

Josh LospinosoFounder
  • Ashley PaganoVice President, People
  • Ryan SublettChief Financial Officer
  • Sam RajachudamaniChief Strategy Officer

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Round2019Series C2025Squadra VenturesLInsight Partners645 VenturesJ2 VenturesEmerging VenturesLamphere CapitalNue CapitalOutland

Everyone who backed them

Squadra VenturesVC firm1round, led 1
Insight PartnersVC firm1round
645 VenturesVC firm1round
J2 VenturesVC firm1round
Emerging VenturesVC firm1round
Lamphere Capitalno record of our own yet1round
Nue Capitalno record of our own yet1round
Outlandno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 4 firms list Shift5 as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

First InVC firmPer its own site
Savano Capital PartnersVC firmPer its own site
Teamworthy VenturesVC firmPer its own site
BlueWing VenturesVC firmPer its own site

Quick answers about Shift5

Who invested in Shift5?

Shift5's investors include Squadra Ventures, Insight Partners, 645 Ventures, J2 Ventures and Emerging Ventures, and 3 more on record.

How much has Shift5 raised?

Shift5 has raised $78M across 2 rounds since 2019.

When did Shift5 last raise?

Shift5's most recent round was a Series C of $75M in Sept 2025.

What was Shift5's biggest round?

Its most recent round, $75M in Sept 2025, is also its largest on record.

Who backed Shift5 first?

Shift5's first round on record, in Sept 2019, was backed by Squadra Ventures, Emerging Ventures and Lamphere Capital and 2 others.

What stage is Shift5 at?

Shift5's latest named round is a Series C, in Sept 2025.

Where is Shift5 based?

Shift5 is based in the United States.

Who led Shift5's rounds?

Squadra Ventures led the Undisclosed round in 2019.

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