Founder and former CEO Josh Lospinoso transitioned out of day-to-day CEO duties to focus on longer-term planning; Toby Magsig became president and interim CEO. Lospinoso reportedly remained on the board/founder team.
SourcePublic company, workplace, funding, and market signals
Updated Aug 16, 2026
Shift5 is a privately held defense-technology and transportation-software company founded by former U.S. Army cyber operators. Its platform converts operational-technology and vehicle telemetry into actionable intelligence for cybersecurity, predictive maintenance, fleet readiness, and cyber resilience across defense and commercial transportation systems.
Primary product
Shift5 Operational Intelligence platform: hardware and software that collects, enriches, monitors, and analyzes data from vehicle and weapons-system operational technology to support cybersecurity, predictive maintenance, readiness, and fleet operations.
Founded
2019
Headquarters
Arlington, Virginia, United States
Team size
51-200
Industry
Software Development
Sub-industry
Defense technology, operational technology cybersecurity, fleet intelligence, and predictive maintenance
Offices
Business model
Stage
Series C / late-stage venture
Total raised
$182.1M
Latest round
Series C · Sep 2025
Latest amount
$75M
Sep 2025 · Hedosophia
Jun 2023 · Moore Strategic Ventures
Feb 2022 · Insight Partners
Oct 2021 · 645 Ventures
Jun 2020
Leadership
President and Interim CEO
Ronak Shah
Chief Technology Officer
Samantha Segall
Chief Growth Officer
Ryan S.
Chief Financial Officer
Frederick Rudesheim
Chief Legal Officer and General Counsel
Sam Rajachudamani
Chief Strategy Officer
Jason Hall
VP of Mission Delivery
VP, Head of Commercial
Mandi Miller
Head of Strategic Operations
Alex Attebery
Head of External Affairs
Ashley Pagano
Head of Talent Acquisition
Richard Clarke
Independent Director and Chairman
Founders
Co-founder and former CTO
Co-founder; former CEO; current Founder/board-level role
Co-founder
Public recruiting and company materials emphasize a mission-driven team of engineers, operators, and problem-solvers working on defense and transportation systems. Public employer-review signals indicate a 4.2/5 rating, with compensation rated 4.4/5, culture 4.1/5, work-life 3.8/5, and career 4.1/5; these are third-party employee-review signals rather than company-verified claims.
Compensation
No authoritative public salary bands were identified. Third-party employer-review data reports compensation at 4.4/5, while public job postings indicate hiring across engineering, data, hardware, deployment, and defense-account roles.
Pricing
Not publicly disclosed; appears to use enterprise and government contract pricing, with hardware/software deployments and negotiated contracts rather than public self-serve pricing.
Differentiators
Technology
Customers
Competitors
Estimated revenue
$40M-$50M annually; Exa estimates approximately $45M
Estimated monthly visits
13.4K
Traffic estimate as of Jun 2026
Founder and former CEO Josh Lospinoso transitioned out of day-to-day CEO duties to focus on longer-term planning; Toby Magsig became president and interim CEO. Lospinoso reportedly remained on the board/founder team.
SourcePR Newswire / Shift5 · Feb 2026
Shift5 announced that its platform was integrated into Anduril’s Lattice Mesh for Army NGC2 testing, providing vehicle-health metrics and sustainment insights for the 4th Infantry Division.
Washington Technology · Jan 2026
Toby Magsig became president and interim CEO, succeeding co-founder Josh Lospinoso, who transitioned away from day-to-day operations while remaining associated with the company.
PR Newswire / Shift5 · Dec 2025
Shift5 announced a multi-year contract, with a maximum value of $9.9 million, to develop, integrate, and accredit MIL-STD-1553 databus upgrades for the U.S. Air Force F-16 fleet.
PR Newswire / Shift5 · Sep 2025
Shift5 announced a $75 million Series C led by Hedosophia, with participation from Insight Partners, Center 15 Capital, 645 Ventures, Moore Strategic Ventures, Booz Allen Ventures, Squadra Ventures, AE Industrial, Disruptive, CSP Equity Partners, and Savano Capital Partners.
Defense News · Apr 2025
The Navy awarded Shift5 a contract to test predictive-maintenance technology on V-22 Ospreys, using continuous operational data monitoring to identify maintenance issues.
7 jobs at Shift5