An ex-Facebook engineer used this 25-slide pitch deck to win $5 million for his work-device tracking platform Fleet DM
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- FleetDM, a device-management startup, just raised $5 million in funding.
- The firm counts industry giants such as Uber and Dropbox among its users.
- Insider got an exclusive look at the pitch deck FleetDM used to bring investors on board.
FleetDM, a startup that enables companies to keep their employees’ devices secure, has raised $5 million in a seed-funding round backed by a series of high-ranking executives from the likes of Paystack, GitLab, and Lyft.
The startup was cofounded by the serial entrepreneur and CEO Mike McNeil alongside CTO Zach Wasserman, a former software engineer at Facebook. Its software allows firms to track work devices, such as phones and laptops, while also streamlining a number of services in IT, compliance, and identity verification into a single platform.
FleetDM, which launched in October, has recorded over 1.65 million device enrollments and has been used by security engineers at Uber, Dropbox, Square, and Ernst & Young.
Investors backing the seed round include Sid Sijbrandij, the founder and CEO of the DevOps company GitLab, and Ezra Olubi, the founder of Paystack, a fintech that was acquired by Stripe. Nico Waisman, Lyft’s security chief, and Jack Naglieri, the founder and CEO of the security-operations company Panther Labs, also backed the round.
McNeil said he believed the future of device-management was “cross-platform, developer-friendly, universal, and most importantly, open-source.”
The startup has laid out a series of “inflection points,” where it envisaged hitting a $1 billion valuation in 2024, after securing funding in Series A and Series B rounds.
Insider got an exclusive look at the pitch deck FleetDM used to bring investors on board. Check it out below.