Standard Fleet, a San Francisco, CA–based fleet management platform for the connected-vehicle era, has raised $13 million in Series A funding.
Investors
The round was led by Nova Threshold, with participation from WEX Venture Capital, SNR, Garry Tan (YC), Salil Deshpande (Uncorrelated Ventures), Apoorv Bhargava (WeaveGrid), and returning investors including Burst Capital, Canvas Ventures, Liquid2, Night Capital, Olive Capital, UP2398, and Danny Wen.
Founded in 2022, Nova Threshold is a venture capital (VC) firm based in Wellington, New Zealand. The firm supports companies applying engineering first principles to build an optimistic future and solve global challenges.
Standard Fleet Use of Funds
The fresh funds will accelerate the expansion of Standard Fleet’s hardware-free digital key product and further advance its connected-vehicle fleet management platform.
About Standard Fleet
Standard Fleet is a fleet management platform that connects directly to vehicles across automakers and fuel types. Designed for flexibility, it supports both modern connected vehicles and those reliant on traditional telematics devices. It's hardware-free solutions integrate telematics, digital key access, and payments, helping fleets scale with speed, security, and efficiency. The platform aggregates more than 1,000 vehicle data points, combining telematics with digital key access and integrated payments for rental, rideshare, leasing, insurance, and service fleets.
Funding Details
Company: Standard Fleet
Raised: $13.0M
Round: Series A
Funding Date: September 2025
Lead Investor: Nova Threshold
Additional Investors: WEX Venture Capital, SNR, Garry Tan, Salil Deshpande, Apoorv Bhargava, Burst Capital, Canvas Ventures, Liquid2, Night Capital, Olive Capital, UP2398, Danny Wen
Website: https://www.standardfleet.com/
Category: Fleet Management / Connected Vehicle Software
Source: https://www.prnewswire.com/news-releases/standard-fleet-secures-13m-series-a-to-power-mixed-fleet-connectivity-launches-expanded-digital-key-platform-302552518.html