Fleet, a Paris-based scale-up specialising in IT fleet administration, tools and safety for SMEs, publicizes the entry of ISAI Growth into its capital via its ISAI Growth III fund, at a valuation of €100 million.
ISAI Growth is an funding technique of ISAI Gestion, it selects worthwhile, fast-growing corporations with at the least €10 million in income and invests, both as a majority or minority shareholder, alongside founders and/or administration groups.
Sevan Marian, CEO and co-founder of Fleet, says: “This transaction marks an necessary milestone for Fleet. We constructed the corporate via bootstrapping and are pleased with the journey thus far.”
Within the broader 2025–2026 European funding panorama for B2B software program, IT administration and adjoining operational applied sciences, Fleet’s first exterior capital transaction sits alongside a number of notable rounds.
In December 2025, Belgian transport administration software program supplier Qargo raised €28 million in a Sequence B to scale its transport administration platform for carriers and logistics operators. In January 2026, Spain-based cybersecurity startup Zepo Intelligence secured €12.8 million to develop its AI-driven safety towards human-targeted cyber threats, an adjoining section to Fleet’s personal cybersecurity positioning for SMEs. Earlier in 2025, Swedish B2B SaaS firm Spiich Labs closed a €600k pre-Seed spherical to develop conversational AI instruments aimed toward bettering gross sales group productiveness.
Taken collectively, these EU-Startups-reported rounds signify roughly €41 million of disclosed funding flowing into enterprise software program, safety and operational administration platforms throughout 2025 and early 2026.
In opposition to this backdrop, Fleet’s entry right into a major LBO at a €100 million valuation is notable each for its scale and for following seven years of totally bootstrapped development, putting the corporate amongst a comparatively small group of European B2B scale-ups attracting institutional capital to help worldwide growth and product growth.
“Bringing ISAI Growth on board is a structuring selection: we share a robust entrepreneurial tradition and a transparent ambition. It additionally permits us to offer liquidity to those that have contributed to this journey, whereas preserving our independence, as we stay majority shareholders,” Sevan.
Based in 2019 by Alexandre Berriche and Sevan Marian, Fleet simplifies IT administration for SMEs with 5 to 500 workers via an all-in-one providing. Its answer combines a complete tools catalog (computer systems, equipment and furnishings), a fleet administration platform – the Cockpit – premium buyer help for {hardware} incidents, and end-of-life machine administration (refurbishment, donation or recycling).
After seven years and having been totally bootstrapped up to now, Fleet is opening its capital to exterior buyers for the primary time. This major LBO transaction gives liquidity to the 2 founders, in addition to to workers, whereas preserving a majority-independent shareholding construction.
The corporate has progressively expanded its positioning constructed round three core pillars: IT procurement, with deliveries to over 120 international locations in underneath 48 hours, day-to-day IT fleet administration, and cybersecurity.
Immediately, Fleet employs 45 folks throughout Paris and Barcelona, serves almost 2,000 purchasers – together with Swedish unicorn Lovable, restaurant group Nouvelle Garde and Les Merveilleux de Fred – and operates actively in round ten European international locations in addition to in the US.
In 2025, the corporate recorded development of over 90%, whereas sustaining a worthwhile mannequin and a intentionally lean organisation.
Christophe Poupinel, Basic Companion at ISAI Growth, feedback: “We’re delighted to put money into Fleet as a part of its first LBO. We have been satisfied by the corporate’s industrial effectivity as a traditionally bootstrapped enterprise, by the energy of its development trajectory – notably internationally – and by its skill to scale profitably because of a lean organisation.”
Immediately’s information opens a brand new part for Fleet, with priorities centered on structuring the organisation, accelerating growth – notably internationally – and increasing the product providing, whereas remaining true to the basics which have pushed the corporate’s success: operational excellence, industrial effectivity and monetary self-discipline.
Fleet goals to achieve €100 million in AR inside 4 years, pushed by:
- acceleration in its core markets,
- transferring upmarket with its consumer base, and
- creating excessive value-added adjoining providers.
To help this trajectory, the corporate plans to recruit over 20 folks this 12 months and proceed investing in its platform to additional simplify IT administration for internationally deployed SMEs.
