What is FOSSA?
FOSSA operates as a sophisticated open source management platform designed to streamline the complexities of modern software development. By providing deep component intelligence, automated compliance, and cross-team collaboration tools, the platform enables organizations to identify and mitigate security risks while simultaneously improving engineering efficiency. Headquartered in San Francisco, FOSSA serves as a critical layer in the software supply chain, allowing enterprises to accelerate their time-to-market without compromising on governance or security standards.
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, Canvas Ventures, and Bain Capital Ventures
Key Investors in FOSSA
Costanoa Ventures
A venture capital firm that supports ambitious founders from Central and Eastern Europe, focusing on pre-seed and early-stage investments to build generational companies.
Canvas Ventures
A boutique firm for visionary builders that leads Series A investments in transformative companies across fintech, digital health, and logistics sectors.
Bain Capital Ventures
A leading global private investment firm that applies deep sector expertise and broad capabilities to provide flexible capital solutions and strategic value-add services.
What's next for FOSSA?
With the infusion of capital from its latest funding round, FOSSA is poised to deepen its product capabilities and expand its footprint in the enterprise market. The strategic focus will likely center on enhancing its automated risk mitigation engines and scaling its go-to-market operations to meet the global demand for secure open source adoption. As organizations continue to rely heavily on third-party code, FOSSA's role in providing visibility and control remains a high-priority investment area for its backers, setting the stage for sustained long-term growth and potential market leadership in the compliance automation space.
See full FOSSA company page
