What is Fleet?
Fleet is an open-source, cross-platform device management (MDM) and security platform. Built upon the robust osquery framework, it provides organizations with comprehensive visibility and granular control over their diverse device ecosystems. The platform is designed to address the evolving challenges of modern IT infrastructure, offering a powerful solution for managing and securing endpoints in an increasingly complex digital landscape. Fleet's commitment to open-source principles fosters community collaboration and transparency, enhancing its adaptability and security.
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, Greg Martin, Mike Arpaia, Jack Naglieri, and Nico Waisman
Series A (2022): $20M led by CRV and Sid Sijbrandij
Series B (2025): $27M supported by TenEleven Ventures, Moonfire Ventures, Charles River Ventures, and Open Core Ventures
Key Investors in Fleet
TenEleven Ventures
Ten Eleven is a multi-stage global venture capital firm focused on fostering innovative cybersecurity companies. They provide capital, connections, and expertise to empower founders in creating essential cybersecurity technologies. Their portfolio includes a range of companies that enhance security through advanced technologies and intelligence. Ten Eleven aims to support cybersecurity entrepreneurs and contribute to a more secure global commerce landscape.
Moonfire Ventures
Moonfire is a venture capital firm that partners with innovative early-stage founders to invest in companies at the intersection of technology and various sectors, including work, security, finance, and gaming. The firm focuses on pre-seed and seed investments, seeking to support businesses that enhance access, efficiency, and service quality through data-driven solutions. Moonfire also develops proprietary technology to improve the venture capital process, leveraging machine learning for sourcing and evaluation. Their mission is to create a supportive community for founders, providing extensive resources to help them become category leaders.
Charles River Ventures
CRV is a venture capital firm that invests in early-stage tech startups. Since 1970, the firm has invested in more than 500 startups at their most crucial stages, including Airtable, DoorDash and Vercel. Founders need more than capital to build a great company. It takes a partner who understands the entrepreneurial journey and knows what it takes to win. From founding to IPO and beyond, CRV is there every step of the way. Founders rely on CRV to be trusted, long-term, committed partners, which has helped make CRV into one of the longest-running venture capital firms in the world.
What's next for Fleet?
The recent major strategic investment in Fleet signals a pivotal moment for the company, likely enabling accelerated product development, expansion into new markets, and enhancement of its security capabilities. As an enterprise-level funding recipient, Fleet is poised to scale its operations, further solidify its position in the competitive device management and security sector, and potentially explore new avenues for innovation within the open-source community. This capital infusion is expected to fuel strategic partnerships and bolster its go-to-market strategy, reinforcing its commitment to providing advanced, open-source solutions for organizational device security.
See full Fleet company page
