Finite State
Finite State is a Columbus, Ohio-based product cybersecurity vendor founded in 2017 that provides firmware, binary, and source-code analysis with SBOM, VEX, and compliance evidence generation to connected-device OEMs and Tier-1 suppliers in automotive, medical, energy, and industrial verticals.
- Company typePrivate
- Founded2017
- HeadquartersColumbus, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Finite State does
Finite State is a Columbus, Ohio-based cybersecurity vendor founded in 2017 that sells software supply chain and product security software to manufacturers of connected devices. Its target customers are OEMs, Tier-1 suppliers, and device makers in automotive, medical devices, energy and utilities, industrial automation, telecom equipment, and government-adjacent sectors who need to demonstrate firmware and software provenance, vulnerability management, and regulatory compliance across the device lifecycle.
The company's core platform, branded as the Product Security OS, combines firmware, binary, and (post-MergeBase) source-code analysis with CVE-to-execution-path reachability assessment, SBOM and VEX lifecycle management, and evidence generation mapped to EU CRA, NIS2, FDA premarket guidance (524B), UN R155/R156 (automotive), IEC 62443 (industrial), and NIST SSDF/SP 800-218. The platform spans the Finite State Platform (analysis engine covering 130+ binary formats and 30+ architectures), Assurance Studio (workflow/case management), AgentOS (AI reasoning and automation layer with Auto-Resolve triage and the Finite State Copilot natural-language interface), and a network of 150+ CI/CD and product-security tool integrations.
Finite State sells primarily on a subscription SaaS model with usage-based true-ups for scan volume overages, supplemented by managed services. Go-to-market is enterprise-led with direct sales in the US, UK, and Singapore and channel/supplier partnerships (Quectel, Somos) that extend reach into downstream OEMs. Named customers include Johnson Controls, Google, Aptiv, Hitachi Energy, Quectel, Hubbell, Southern Company, TP-Link, Axon, Seagate, GE Vernova, Ametek, Smith & Nephew, and Lear.
Finite State firmographics
Firmographics- Name
- Finite State
- Legal name
- Finite State, Inc.
- Website
- https://finitestate.io
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Finite State is a Columbus, Ohio-based product cybersecurity vendor founded in 2017 that provides firmware, binary, and source-code analysis with SBOM, VEX, and compliance evidence generation to connected-device OEMs and Tier-1 suppliers in automotive, medical, energy, and industrial verticals.
- Ownership category
- akta.pro rank
Finite State industry classification
Industry- Product category
- Application Security / Software Supply Chain Security
- NAICS
- Computer Systems Design and Related Services (5415), Software Publishers (5132)
- akta.pro primary industry
- Single Sign-On (SSO) & Federation (SAML/OIDC, Identity Providers) (HDAEAJAB)
- akta.pro secondary industry
- Remote Access & Privileged Access for OT (ZTA/PAM for Vendors) (HDADAJAG)
Keywords
Where Finite State is headquartered
LocationHeadquarters
- HQ city
- Columbus
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Finite State business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- Platform Subscription (SaaS): Recurring subscription access to the Finite State Platform under Customer Terms and Conditions, with auto-renewal terms and allotment-based scan/upload limits. Pricing is quote-based and not publicly disclosed.
- Usage True-Ups: Customers who exceed allotted scans/uploads in an existing order form pay additional fees on a pro-rata basis per scan or upload, invoiced at the end of the quarter in which overages were incurred.
- Managed / Professional Services: Finite State offers managed services (e.g., CRA Managed Services) and expert practitioner support to help manufacturers achieve ongoing compliance, including SBOMs, risk assessments, and continuous vulnerability monitoring.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Quote-based enterprise subscription with allotment-based scans/uploads and pro-rata true-ups for overages; managed services priced separately. |
| Usage-based | Pay-as-you-go | Usage-based true-up pricing for scans/uploads beyond order-form allotment. |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels8 records
Finite State product offering
Product offeringCore offering
Finite State sells an AI-native Product Security OS platform that ingests shipped firmware, binaries, and source code from connected devices and software-defined products to generate ground-truth SBOMs, prioritize exploitable vulnerabilities via reachability analysis, and continuously produce audit-ready compliance evidence aligned with EU CRA, FDA cybersecurity guidance, UN R155, NIST, IEC 62443, and NIS2 frameworks. The offering is sold as a quote-based annual subscription with allotment-based scans/uploads and pro-rata usage true-ups, and is complemented by managed services and practitioner-led professional services to help manufacturers operationalize ongoing regulatory compliance.
Product overview
Finite State offers a single unified platform branded as the autonomous Product Security OS for Connected Devices, grounded in real product artifacts. The core Finite State Platform is composed of four named layers: the Finite State Platform itself (analyzes what ships), Assurance Studio (runs the workflow), AgentOS (generates the work), and the Finite State Copilot (delivers real security answers). On top of these, four platform capabilities — Ground Truth Inventory, Exploitability-Based Prioritization, Design-Time Architecture Security, and Automated Evidence-Backed Compliance — power use cases such as reachability-driven vulnerability prioritization, SBOM & VEX lifecycle management, and design-to-build traceability. Finite State also offers the Finite State SCA tool (originating from the MergeBase acquisition) for source-code and binary software composition analysis, plus human-delivered Cybersecurity Services and a CRA Managed Service to help manufacturers achieve and maintain regulatory compliance.
Differentiator
Problem solved
Functional benefit
Brands
- Finite State Machine: Trademark of Finite State, Inc.
- Iotasphere
- MergeBase
Products and services
- Finite State Platform (Product Security OS) AI-native product security automation platform that analyzes shipped firmware, binaries, and source code to generate SBOMs, prioritize exploitable risk via reachability analysis, and produce audit-ready compliance evidence continuously across releases for connected device manufacturers.
- Finite State SCA Software Composition Analysis tool that scans source code and binaries for known vulnerabilities with low false-positive rates and broad language support including Java, Go, Python, JavaScript/Node, PHP, .NET, Ruby, C/C++, Rust, and Dart, originating from the MergeBase acquisition.
- CRA Managed Services Managed service helping manufacturers achieve EU Cyber Resilience Act compliance through automated SBOMs, risk assessments, and continuous vulnerability monitoring delivered by Finite State's practitioner team.
- Finite State Cybersecurity Services Industry-leading cybersecurity services designed to help organizations navigate evolving regulations, enhance product security, and integrate Finite State's technology into their programs.
Quantifiable outcome
- Up to 95% reduction in vulnerability noise
- +8 more outcomes
Companies that use Finite State
Customer profileNamed customers14 records
Segments6 records
Ideal customer profiles6 records
Finite State technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration17 records
AI capability11 records
Feature9 records
Finite State partnerships and signals
Strategic signalPartnerships
21 partnerships are on record, tiered flagship, supporting, strategic and core.
- Quectel Wireless SolutionsflagshipMulti-year collaboration (over four years) in which Quectel uses Finite State's third-party security validation to support EU Cyber Resilience Act compliance readiness. Quectel's IoT modules are positioned as pre-tested and audit-ready, providing structured documentation including SBOMs, VEX files, and vulnerability reporting that OEMs can incorporate into their regulatory filings.
- KeyfactorsupportingCo-panelist at the CES 2026 'Cybersecurity: New Selling Point in Connected Devices?' panel alongside Finite State's CEO. Joint thought leadership on IoT security regulation and certification.
- Aeris CommunicationssupportingCo-panelist (Syed Hosain, Founder & Chief Evangelist) at the CES 2026 cybersecurity panel with Finite State.
- ThalessupportingCo-panelist (Gregory Laloy, Head of IoT Product Line) at the CES 2026 cybersecurity panel alongside Finite State.
- Somos Inc.strategicPartnership to enhance cybersecurity risk management and software supply chain security across telecommunications and digital infrastructure systems. Somos was also represented alongside Finite State (Sri Ramachandran, CTO) on the CES 2026 cybersecurity panel, indicating an ongoing industry collaboration.
- GitHub ActionscoreFeatured integration enabling auto-generated pull requests and automated scanning on commit within GitHub Actions pipelines.
- GitLab CIcoreIntegration enabling scans within existing GitLab CI pipelines and integrated security workflows.
- JenkinscoreCI/CD integration (Finite State has released Jenkins CI/CD plugins) to automate security scans within Jenkins pipelines.
- Azure DevOpscoreIntegration to support automated scanning and security workflow orchestration within Azure DevOps environments.
- BitbucketsupportingIntegration (formerly CodeGreen) for streamlined scans, enhanced security, and personalized management within Bitbucket Cloud repositories.
- Azure RepossupportingIntegration with Azure Repos to ingest source code for software composition analysis and SBOM generation.
- JirasupportingIntegration to track security findings and vulnerabilities as Jira tickets for engineering remediation workflows.
- SlacksupportingIntegration providing real-time security alerts and notifications to Slack channels.
- VS CodesupportingDeveloper tooling integration listed among Finite State's integrations for in-editor security feedback.
- DockersupportingIntegration enabling container image scanning and ingestion for software composition analysis.
- KubernetessupportingIntegration enabling Kubernetes workload and image scanning as part of DevSecOps pipelines.
- AWSsupportingCloud platform integration listed among Finite State's integration ecosystem for ingestion and deployment.
- AzuresupportingCloud platform integration listed among Finite State's integration ecosystem for ingestion and deployment.
- Google Cloud Platform (GCP)supportingCloud platform integration listed among Finite State's integration ecosystem for ingestion and deployment.
- PostgreSQLsupportingDatabase integration listed among Finite State's integration ecosystem.
- REST APIsupportingPublic REST API enabling custom integrations and programmatic access to Finite State platform functionality.
Scale indicators10 records
Recent moves6 records
Expansion highlights7 records
Finite State competitors and assessment
Company assessmentDirect peers
- Sonatype: Sonatype operates Nexus (repository manager) and SBOM/SCA tooling for software supply chain security. It is a direct competitor in SBOM lifecycle management and component risk prioritization for enterprises.
- Snyk: Snyk is a developer security platform with strong SCA, container, and IaC capabilities. It overlaps with Finite State's SCA and SBOM management features and competes for the same security and platform engineering buyers.
- Mend (formerly WhiteSource): Mend offers an SCA and software composition analysis platform focused on open source vulnerability and license risk. It competes with Finite State's source-code SCA and license/inventory capabilities.
- ReversingLabs: ReversingLabs provides software supply chain security with deep binary analysis, file analysis, and malware detection capabilities. It is a direct competitor in binary-level analysis and threat detection for software releases.
- Cybellum: Cybellum specializes in product security for connected devices and automotive software (SBOM, vulnerability management, compliance). It is one of the closest direct competitors to Finite State in automotive and IoT product security.
Broad incumbents
- Black Duck (Synopsys): Black Duck, owned by Synopsys, is a leading SCA and software supply chain security platform. It directly competes with Finite State's source-code and binary SCA capabilities while also offering broader AppSec tooling that Finite State does not.
- JFrog: JFrog's Artifactory and Xray platform combines binary repository management with security scanning. It overlaps with Finite State's software supply chain and binary analysis for enterprises shipping embedded and connected products.
- Claroty: Claroty is a leading OT/ICS cybersecurity platform for critical infrastructure and industrial environments. It overlaps with Finite State's energy/utilities and industrial verticals but with a broader network/asset security scope.
Emerging players
- Anchore: Anchore provides SBOM generation, container security, and software supply chain compliance. It overlaps with Finite State's SBOM lifecycle and compliance evidence capabilities, primarily in containerized environments.
- Chainguard: Chainguard focuses on software supply chain security through hardened container images and provenance tooling. It competes in adjacent software supply chain risk reduction for enterprises shipping secure software.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Finite State social profiles
Digital presenceFinite State financial estimates
Financial estimateRevenue estimate
Valuation estimate
Finite State leadership team
Management profileNumber of profiles
Profiles12 records
Finite State subsidiaries and ownership
Company hierarchySubsidiaries1 record
Finite State funding detail
Funding detailFunding overview
Funding rounds5 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Finite State M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Finite State
What does Finite State do?
Finite State sells an AI-native Product Security OS platform that ingests shipped firmware, binaries, and source code from connected devices and software-defined products to generate ground-truth SBOMs, prioritize exploitable vulnerabilities via reachability analysis, and continuously produce audit-ready compliance evidence aligned with EU CRA, FDA cybersecurity guidance, UN R155, NIST, IEC 62443, and NIS2 frameworks. The offering is sold as a quote-based annual subscription with allotment-based scans/uploads and pro-rata usage true-ups, and is complemented by managed services and practitioner-led professional services to help manufacturers operationalize ongoing regulatory compliance.
Is Finite State a public or private company?
Finite State is a private company. It is classified as venture growth investor backed and is currently operating.
When was Finite State founded?
Finite State was founded in 2017. It employs 51 to 100 people.
Where is Finite State based?
Finite State is headquartered in Columbus, United States, in the North America region.
How does Finite State make money?
Three revenue lines are on record. Platform Subscription (SaaS) is the primary driver. The others are usage True-Ups and managed / Professional Services.
Who are Finite State's main competitors?
Direct peers on record are Sonatype, Snyk, Mend (formerly WhiteSource), ReversingLabs and Cybellum. Broad incumbents are Black Duck (Synopsys), JFrog and Claroty. Emerging players are Anchore and Chainguard.
Does Finite State have an API?
Yes. Finite State offers a REST API that enables integration with existing developer workflows and tooling. The API allows programmatic interaction with the platform for ingesting artifacts, reconciling source/firmware/supplier inputs, and connecting into a single ground-truth software inventory. Developers can build automation around scans, SBOM/VEX artifacts, vulnerability findings, and compliance outputs. Developer documentation is at documentation.finitestate.io/docs.
What industry is Finite State in?
Finite State's product category is Application Security / Software Supply Chain Security. Its primary akta.pro industry code is HDAEAJAB, Single Sign-On (SSO) & Federation (SAML/OIDC, Identity Providers), with a secondary code of HDADAJAG, Remote Access & Privileged Access for OT (ZTA/PAM for Vendors). Its NAICS code is 5415.