Key facts
- Finite State’s last known valuation is $250.0M (Feb 2024).
- 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).
- ·The complete investor list — 9 names
- ·Watchlist + deal alerts for Finite State
- ·The full record, as it builds
Funding rounds
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.
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
- Website
- finitestate.io/
- Ownership
- Privately Held (backing)
Finite State doesn't have a composite mark yet — a PA Mark is published once enough pricing inputs exist (trade prints, fund marks, round prices). The rest of the record below builds toward it.
Recorded secondary trades
No secondary trades in Finite State shares have been recorded yet. When a print lands — third-party, direct report, or platform — it appears here with structure, source, and price.
Institutional fund marks
No SEC-registered fund has reported a fair-value mark on Finite State in its N-PORT filings yet. We sweep new filings monthly.