What is FOSSA?
FOSSA operates as a modern open-source management platform, offering comprehensive component intelligence, compliance, and cross-team collaboration tools. Its solutions are designed to empower organizations to swiftly identify and mitigate risks associated with open-source software, thereby enhancing engineering efficiency and accelerating product delivery to market. Headquartered in San Francisco, CA, FOSSA addresses critical needs in the rapidly evolving landscape of software development and supply chain security.
How much funding has FOSSA raised?
FOSSA has raised a total of $33.9M across 3 funding rounds:
Angel/Seed
$2.2M
Series A
$8.5M
Series B
$23.2M
Angel/Seed (2017): $2.2M with participation from Bain Capital Venture Partners, LLC
Series A (2019): $8.5M, investors not publicly disclosed
Series B (2020): $23.2M supported by Costanoa Ventures, Bain Capital Ventures, and Canvas Ventures
Key Investors in FOSSA
Bain Capital Venture Partners, LLC
Bain Capital Ventures is a venture capital firm that invests in early-stage companies. They focus on providing strategic advisory services and capital to businesses seeking to transform their operations and improve performance.
Costanoa Ventures
Costanoa Ventures is a venture capital firm that partners with founders to support their global ambitions, focusing on pre-seed and seed stage companies in the technology sector.
Bain Capital Ventures
Bain Capital is a global private investment firm committed to creating lasting impact. They invest across private equity, growth & venture, capital solutions, credit & capital markets, and real assets, applying deep sector expertise.
What's next for FOSSA?
The recent major strategic investment in FOSSA signals a pivotal stage for the company, likely indicating a move towards scaling operations, expanding market reach, and potentially developing new product features. This substantial backing suggests investor confidence in FOSSA's business model and its capacity to capture a larger share of the open-source management market. Future strategic initiatives may involve deeper integration with enterprise workflows, enhanced security protocols, and broader adoption across various industries requiring robust software supply chain management.
See full FOSSA company page
