Grayshift

Founded in 2016 in Atlanta, US, Grayshift, LLC focuses on mobile device forensics. The company was established by Braden Thomas, Justin Fisher, and Sean Larsson.Grayshift is a leading provider of mobile device forensics tools, with a focus on delivering innovative solutions designed to assist law enforcement and security professionals in extracting and analyzing data from mobile devices. Their core offerings include Magnet GRAYKEY, Magnet VERAKEY, and Magnet ARTIFACT IQ, which enable users to retrieve data from a variety of smartphones and tablets, including those protected by advanced security measures. These products are engineered to facilitate investigations into criminal activity, enabling users to access critical evidence efficiently and effectively.Grayshift generates revenue through a structured business model that emphasizes B2B transactions with its clientele. Their products are typically sold through direct partnerships with law enforcement agencies and security firms, which often involve subscription-based pricing or one-time licensing fees for the software solutions offered. The flagship product, Magnet GRAYKEY, is often accompanied by tailored service agreements that may include training, technical support, and updates to ensure optimal performance. Pricing plans are structured to provide flexibility based on the scale of use and specific organizational needs, facilitating the adoption of these forensic tools across various sectors. The company aims to build its international team and expand product capabilities, with an eye toward making strategic acquisitions to enhance its market presence. Specific plans for market expansion include targeting new geographic regions, with an emphasis on increasing its footprint in Europe and Asia-Pacific by the end of 2023. This strategic direction is designed to capitalize on the growing demand for mobile forensics solutions and enhance the company’s service offerings.

1. Series A

   Oct 26, 2020

   Amount

   $47M

   Investors

   Locked