How Much Did Fleet Raise?
Funding & Key Investors

Fleet, a prominent player in the open-source device management sector, has successfully secured a major strategic investment, bringing its total capital raised to $52M. This latest financing round, totaling $27M, underscores the market's growing demand for transparent, osquery-based security infrastructure. By leveraging this influx of capital, Fleet is positioned to accelerate its enterprise-level expansion and solidify its footprint in the competitive device management landscape.

The company's funding history reflects a consistent growth trajectory, beginning with its initial seed backing in early 2022, followed by a robust Series A, and culminating in this significant Series B milestone. This progression highlights the firm's ability to attract high-caliber institutional support as it scales its operations to meet the complex needs of modern, distributed organizations.

What is Fleet?

Fleet
SoftwareStorage & System Management SoftwareSecurity Software

Fleet operates as an open-source, cross-platform device management and security platform built on the foundation of osquery. By providing comprehensive visibility and granular control over organizational assets, Fleet enables IT and security teams to monitor, manage, and secure their device fleets with unprecedented precision. Its architecture is designed to bridge the gap between complex security requirements and operational efficiency, making it a critical tool for enterprises navigating the challenges of remote and hybrid work environments. The platform's commitment to open-source principles ensures that security teams maintain full transparency and flexibility, a key differentiator in a market often dominated by opaque, proprietary solutions.

How much funding has Fleet raised?

Fleet has raised a total of $52M across 3 funding rounds:

2022

Angel/Seed

$5M

Series A

$20M

2025

Series B

$27M

Angel/Seed (2022): $5M with participation from Jack Naglieri, CRV, Greg Martin, Mike Arpaia, and Nico Waisman

Series A (2022): $20M led by Sid Sijbrandij and CRV

Series B (2025): $27M supported by Open Core Ventures, Moonfire Ventures, Charles River Ventures, and TenEleven Ventures

Key Investors in Fleet

Open Core Ventures

A venture firm founded by GitLab CEO Sid Sijbrandij that specializes in partnering with open-source developers to transform passion projects into scalable, successful open-core businesses.

Moonfire Ventures

An early-stage venture capital firm that utilizes proprietary machine learning technology to source and evaluate investments at the intersection of security, finance, and work-tech.

Charles River Ventures

A long-standing, premier venture capital firm with over five decades of experience supporting tech startups from their initial founding stages through to IPO and beyond.

What's next for Fleet?

With this latest capital infusion, Fleet is expected to prioritize the scaling of its engineering and go-to-market teams to support its growing enterprise client base. The strategic focus will likely center on enhancing the platform's automation capabilities and expanding its integration ecosystem to better serve global organizations. As the cybersecurity landscape continues to evolve, Fleet's ability to provide real-time, data-driven insights will be instrumental in maintaining its competitive edge. Investors are betting on the company's potential to become the standard for open-source device management, leveraging its strong community roots to drive long-term adoption and sustainable growth in the enterprise security sector.

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Frequently Asked Questions Regarding Fleet Financial Insights

What are the most recent funding rounds that Fleet has completed, and what were the funding rounds?
Fleet has recently completed 3 funding rounds: Series B on Jun 17, 2025, Series A on Apr 28, 2022, Angel/Seed on Jan 20, 2022.
What is the total amount of funding Fleet has raised to date?
Fleet has raised a total of $52M in funding to date.
How many funding rounds has Fleet completed?
Fleet has completed 3 funding rounds.
How much funding did Fleet raise in its most recent funding round?
Fleet raised $27M in its most recent funding round.
Who are the lead investors in Fleet's latest funding round?
The lead investor in Fleet's latest funding round was Open Core Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Fleet's history?
The largest funding round in Fleet's history was $27M.
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