The round was led by Congruent Ventures with the participation of Great Oaks Venture Capital, Plug and Play Ventures, Rally Cap, and Virta Ventures. Fleet also brought on a strong bench of angels and advisors, with leaders in HR and fintech, including former execs at Robinhood and Brex, such as ex-COO Michael Tannenbaum.

Fleet is a modern commuter benefits management platform that simplifies compliance with new mandates for businesses and incentivizes more sustainable transportation for employees. Fleet enables HR professionals to implement and scale commuter benefits across their entire enterprise quickly and easily, empowering employees to choose less carbon-intensive commuting options while reducing costs. Fleet offers automated commute analysis, customized program configuration, and backend support for invoicing and payments, auto-deducts, employer subsidies, corporate discounts, and tax benefits. In addition to lowering the cost of benefits programs and corporate taxes, Fleet delivers precise emissions reduction data that improves corporate sustainability profiles.