Latka logo

How FOSSA CEO Kevin Wang grew FOSSA to $9.8M revenue and 1K customers in 2024.

Developer of open source management software designed to offer real-time license and vulnerability management for open source dependencies. The company's platform allows integration of license audits and features vulnerability scans and reporting at the speed of development and delivery for facilitating real-time alerts and automated remediation for third-party vulnerabilities, enabling software teams to continuously track and comply with open source licenses inside their development workflow.

Last updated

FOSSA Revenue

In 2024, FOSSA's revenue reached $9.8M. The company previously reported $5.6M in 2023. Since its launch in 2014, FOSSA has shown consistent revenue growth.

FOSSA Revenue GrowthReported revenue / ARR by year$0$3M$5M$8M$10M$13M201420162018202020222024$0$4M$6M$10MSource: GetLatka.com
YearMilestone
2024FOSSA Hit $9.8m revenue in October 2024
2023FOSSA Hit $5.6m revenue in October 2023
2021FOSSA Hit $4.1m revenue in April 2021
2014Launched with $0 revenue

FOSSA Valuation, Funding Rounds

FOSSA has not publicly disclosed its valuation. The company has raised $33.9M in total funding to date.

FOSSA has raised $33.9M in total funding across 3 rounds, most recently a $23.2M Series B round in 2020.

FOSSA Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$8M$15M$23M$30M$38M20142015201620172018201920202014 cumulative: $0 • 2014 Founded: $02017 cumulative: $2M • 2014 Founded: $0 • 2017 Seed Round: $2M2019 cumulative: $11M • 2014 Founded: $0 • 2017 Seed Round: $2M • 2019 Series A: $9M2020 cumulative: $34M • 2014 Founded: $0 • 2017 Seed Round: $2M • 2019 Series A: $9M • 2020 Series B: $23M$34M2014 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2020Series B$23.2M--
2019Series A$8.5M--
2017Seed Round$2.2M--

FOSSA Employees & Team Size

FOSSA employs approximately 70 people as of 2026, up from 68 in 2023.

FOSSA has 70 total employees in different roles and functions and 7 sales reps that carry a quota. They have 1K customers that rely on the company's solutions.

FOSSA Team GrowthReported headcount over time020406080201420162018202020222024007070Source: GetLatka.com
YearMilestone
2024Reached 70 employees (December 2024)
2024Reached 68 employees (October 2024)
2023Reached 68 employees (October 2023)
2022Reached 74 employees (October 2022)
2021Reached 59 employees (December 2021)
2021Reached 63 employees (April 2021)

Founder / CEO

Kevin Wang

Kevin Wang is the CEO and Founder of FOSSA. He is among the third set of young entrepreneurs to be awarded a “20 Under 20″ Thiel Fellowship to begin to build the innovative companies of tomorrow.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

See how FOSSA acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.

Locked

Frequently Asked Questions about FOSSA

What is FOSSA's revenue?

FOSSA generates $9.8M in revenue.

Who founded FOSSA?

FOSSA was founded by Kevin Wang.

Who is the CEO of FOSSA?

The CEO of FOSSA is Kevin Wang.

How much funding does FOSSA have?

FOSSA raised $33.9M.

How many employees does FOSSA have?

FOSSA has 70 employees.

Where is FOSSA headquarters?

FOSSA is headquartered in San Francisco, California, United States.

People Also Viewed

Sales Layer logo

Sales Layer

Developer of an information platform created to improve product management process. The company's platform uses analytics and automation to centralizes data and synchronizes it in all sales channels automatically to optimizes the management for all types of companies regardless of their size, sector or type, enabling brands and retailers to increase their sales by improving their content across multiple interfaces and multiple sales channels.

Rand Labs logo

Rand Labs

A blockchain development lab specialized in Algorand technology. Our Products: AlgoExplorer My Algo Incubation Labs: Professional development services [email protected]

Fadada.com logo

Fadada.com

Operator of an electronic contracts service platform. The company provides an online platform for electronic document signing and certificate services such as electronic contracts signature, documents signature, evidence custody and other electronic related signature.

Scalesource logo

Scalesource

Scalesource is a platform that provides virtual recruiters as a more cost-effective alternative to traditional in-house recruiters. Our service significantly reduces staffing expenses and enhances human resource management efficiency.

POC Pharma logo

POC Pharma

POC Pharma is a SaaS Company supporting pharma stakeholders to digitally manage their interactions, and grow faster and cheaper.

OnSeen logo

OnSeen

Developer if mobile workforce management software intended to manage people, places and assets. The company's platform schedules, dispatches, monitors and task remote staff and contractors, provide real-time status updates to everyone involved in the process and collaborate with mobile resources in real-time, enabling clients to optimize their processes and reduce their project costs.

Compare FOSSA to the industry

FOSSA operates across multiple industries. Browse revenue, funding, and growth data for FOSSA in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

FOSSA Revenue 2024: $9.8M ARR, $33.9M Raised