# Shift5 funding: rounds and investors > Shift5 has raised $78M across 2 rounds since 2019. Investors include Squadra Ventures, Insight Partners and 645 Ventures. Every round with its source. Source: https://millionrounds.com/company/shift5 (Millionrounds; every figure on the page links to its filing or article) United States · [Series C startup](https://millionrounds.com/companies) # 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 summary Updated 26 Oct 2026 **$78M** raised across 2 rounds since 2019, from 2 sources **$2.5M** Round **$75M** Series C - **Latest round:** Series C, $75M Sept 2025 - **Step-up i:** 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. 2020 2021 2022 2023 2024 2025 **$2.5M** Round **$75M** Series C - **First round:** Round, $2.5M - **Biggest round:** $75M - **Between rounds:** 6 years ## The rounds - **Sept 2025** Series C **$75M** *3 new* [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) [645 Ventures](https://millionrounds.com/fund/645-ventures) [J2 Ventures](https://millionrounds.com/fund/j2-ventures) Source recorded - **Sept 2019** Round **$2.5M** *5 new* [Squadra Ventures](https://millionrounds.com/fund/squadra-ventures) Lead [Emerging Ventures](https://millionrounds.com/fund/emerging-ventures-capital) Lamphere Capital Nue Capital Outland Reported by FinSMEs ## Founders and team From Shift5's own website: 1 founder, 3 on the team. **Josh Lospinoso** Founder - **Ashley Pagano** Vice President, People - **Ryan Sublett** Chief Financial Officer - **Sam Rajachudamani** Chief 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. **Round** 2019 **Series C** 2025 [Squadra Ventures](https://millionrounds.com/fund/squadra-ventures) L [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) [645 Ventures](https://millionrounds.com/fund/645-ventures) [J2 Ventures](https://millionrounds.com/fund/j2-ventures) [Emerging Ventures](https://millionrounds.com/fund/emerging-ventures-capital) Lamphere Capital Nue Capital Outland ## Everyone who backed them [Squadra Ventures](https://millionrounds.com/fund/squadra-ventures) VC firm **1** round, led 1 [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) VC firm **1** round [645 Ventures](https://millionrounds.com/fund/645-ventures) VC firm **1** round [J2 Ventures](https://millionrounds.com/fund/j2-ventures) VC firm **1** round [Emerging Ventures](https://millionrounds.com/fund/emerging-ventures-capital) VC firm **1** round Lamphere Capital no record of our own yet **1** round Nue Capital no record of our own yet **1** round Outland no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=shift5). ## 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 In](https://millionrounds.com/fund/first-in) VC firm Per its own site [Savano Capital Partners](https://millionrounds.com/fund/savano-capital-partners) VC firm Per its own site [Teamworthy Ventures](https://millionrounds.com/fund/teamworthy-ventures) VC firm Per its own site [BlueWing Ventures](https://millionrounds.com/fund/bluewing-ventures) VC firm Per 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. ## Companies like Shift5 In the same sector, and raised in the last eighteen months. [**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Opsin** $21M · Oct 2026](https://millionrounds.com/company/opsin)[**Harmonic Security** $68M · Oct 2026](https://millionrounds.com/company/harmonic-security)[**Reach Security** $60M · Oct 2026](https://millionrounds.com/company/reach-security)[**Persona** $210M · Oct 2026](https://millionrounds.com/company/persona)[**Hilt** $4.7M · Oct 2026](https://millionrounds.com/company/hilt) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app