Tech

An ex-Facebook engineer used this 25-slide pitch deck to win $5 million for his work-device tracking platform Fleet DM

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.