What is Fleet?
Fleet operates as a sophisticated, cross-platform device management and security platform built on the foundation of osquery. The company provides organizations with granular visibility and centralized control over their device fleets, a critical requirement in an era of increasingly distributed workforces and complex threat landscapes. By leveraging an open-source model, Fleet enables IT and security teams to query their infrastructure with precision, effectively bridging the gap between traditional MDM solutions and modern, data-driven security operations. Its market position is defined by its ability to scale alongside enterprise needs, offering a transparent and flexible alternative to proprietary, closed-source management tools.
How much funding has Fleet raised?
Fleet has raised a total of $52M across 3 funding rounds:
Angel/Seed
$5M
Series A
$20M
Series B
$27M
Angel/Seed (2022): $5M with participation from CRV, Nico Waisman, Greg Martin, Mike Arpaia, and Jack Naglieri
Series A (2022): $20M led by Sid Sijbrandij and CRV
Series B (2025): $27M supported by TenEleven Ventures, Moonfire Ventures, Charles River Ventures, and Open Core Ventures
Key Investors in Fleet
TenEleven Ventures
A multi-stage global venture capital firm dedicated to fostering innovative cybersecurity companies by providing capital, connections, and deep industry expertise.
Moonfire Ventures
A venture capital firm managing a diverse portfolio of early-stage companies, with a specific focus on AI-driven infrastructure, fintech, and open-source analytics platforms.
Charles River Ventures
One of the longest-running venture capital firms globally, CRV specializes in partnering with early-stage tech startups from their inception through to IPO.
What's next for Fleet?
With the successful closure of this major strategic investment, Fleet is well-positioned to accelerate its product roadmap and expand its footprint in the global cybersecurity market. The capital will likely be deployed to enhance the platform's core capabilities, potentially focusing on advanced automation, deeper integration with existing security stacks, and the expansion of its open-source ecosystem. As the company transitions into this next phase of growth, the focus will remain on maintaining its commitment to open-source principles while scaling its enterprise-grade features to meet the rigorous demands of global organizations. The strategic alignment with its current investor base provides not only the necessary financial runway but also the operational expertise required to navigate the competitive landscape of modern device management.
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