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How FOSSA CEO Kevin Wang grew 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.

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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 over time$0$2.5M$5M$7.5M$10M$12.5M201420162018202020222024$0$4.1M$9.8MSource: GetLatka.com
YearMilestoneQuote
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$0$0.2$7.5M$0.4$15M$0.6$22.5M$0.8$30M$1$37.5M2014201520162017201820192020Source: GetLatka.com
YearRoundAmountValuation% SoldQuote
2020Series B$23.2M--
2019Series A$8.5M--
2017Seed Round$2.2M--

Founder / CEO

Kevin Wang

CEO

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
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Customers

FOSSA serves 1K customers.

FOSSA Employees & Team Size

FOSSA employs approximately 70 people as of 2026, up from 68 in 2023, including 7 sales reps that carry a quota. It serves 1K customers that rely on its 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)

Frequently Asked Questions about FOSSA

What is FOSSA's revenue?

FOSSA generates an estimated $9.8M in annual 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 across 3 rounds.

How many employees does FOSSA have?

FOSSA has 70 employees.

Where is FOSSA headquarters?

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

Compare FOSSA to the industry

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

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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