Standard Fleet Closes $13M Series A to Scale EV Fleet Software

Standard Fleet has successfully raised $13,000,000 in funding from investors. This significant capital infusion is set to bolster the company's efforts in developing specialized software for electric fleet businesses, particularly those operating Tesla and other internet-connected electric vehicles. The company's core mission revolves around providing comprehensive software solutions designed to automate workflows, enhance vehicle security, and streamline the scaling of operations for electric fleets. Standard Fleet’s dashboard applications and APIs integrate vital insights and controls, ultimately aiming to deliver substantial time and cost efficiencies for its clientele. This funding round highlights the increasing strategic importance of software innovation within the rapidly expanding electric vehicle ecosystem, recognizing the demand for sophisticated tools to manage modern fleets. The newly secured capital will be strategically deployed to accelerate Standard Fleet's ambitious growth initiatives. Key areas for investment include the expansion of its engineering, product development, and business development teams. The funds will also support the continued enhancement of its proprietary software platform, ensuring it remains at the cutting edge of electric fleet management, and scaling its operational infrastructure to accommodate a growing customer base. This investment is crucial for Standard Fleet to further refine its offerings, particularly for its specialized focus on Tesla and other internet-connected EVs. Standard Fleet benefits from the expertise of a leadership team with extensive experience across prominent technology companies, including Apple, Stripe, Yelp, and Tesla. The company was founded by the former CEO of a transportation startup that was acquired by Apple, and it is backed by top Silicon Valley investors. With this substantial new investment, Standard Fleet is well-positioned to strengthen its market leadership and drive ongoing innovation as it supports businesses in efficiently managing and expanding their electric vehicle operations. The company anticipates continued expansion as the global shift towards electric fleets accelerates.