Standard Fleet simplifies fleet management with its Digital Key and connectivity platform
Key Highlights
- The Digital Key eliminates hardware dependency by connecting directly to vehicles, supporting over 30 automakers and including EVs, hybrids, and internal combustion engines.
- Digital Key provides instant, secure vehicle access via Bluetooth in less than 60 seconds, with role-based permissions and full audit trails for control and accountability.
- The platform supports both new connected vehicles and older models with third-party telematics integration, enabling flexible fleet management solutions.
- Standard Fleet raised $13 million in Series A funding led by Nova Threshold, with participation from notable venture capital firms and industry leaders.
Standard Fleet, a fleet management platform for the connected-vehicle era, aims to decrease mixed fleets' dependency on hardware and manual processes with the Digital Key, powered by the Standard Fleet fleet management platform.
Most new vehicles are embedded with connectivity leaving the assembly line, but the majority of fleet management systems still rely on hardware and manual processes. Standard Fleet eliminates that problem by connecting directly to a vehicle with a system that supports more than 30 automakers, covering EVs, hybrids, and internal combustion engines.
Aggregating over 1,000 data points, Standard Fleet’s fleet management platform combines telematics with digital key access and payments for rental, rideshare, leasing, insurance, and service fleets. That means no installation delays or additional device costs.
“Our platform connects directly to the vehicle itself so operators can scale faster, control access in real time, and streamline operations across diverse vehicle types without costly or time-consuming installs,” David Hodge, founder and CEO of Standard Fleet, said. “We’re helping fleets address operational challenges, including the thousands of hours spent annually just managing keys and hardware.”
For fleets with existing hardware, Standard Fleet can integrate with leading third-party providers, which is common for vehicles manufactured before 2018. The platform is designed to be flexible, supporting both connected vehicles and those that still rely on traditional telematics devices.
Digital Key enables remote, secure fleet access without costly hardware
In less than 60 seconds, Standard Fleet’s Digital Key allows fleet operators to grant instant, remote vehicle access with no key handoffs or hardware installs, even without Wi-Fi or cell service. Operators can issue, revoke, or schedule access through a secure link, which provides role-based permissions and full audit trails for control and accountability.
The Bluetooth-enabled solution delivers instant, secure vehicle access and has already powered more than 75,000 trips with existing Standard Fleet EV customers. With this launch, Digital Key is now available to new fleet customers and mixed fleets, including EVs, hybrids, and internal combustion vehicles.
“Standard Fleet has been instrumental in helping us scale our operations across multiple markets. Digital Key has saved our team countless hours by streamlining vehicle turnaround and empowering us to confidently manage a 2,500-plus vehicle fleet," Henok Menas, chief marketing officer, DriveWhip, said. "Paired with fleet dashboards, remote commands, and vehicle health alerts, the platform helps keep our operation running seamlessly. The shift from reactive to proactive management has been a major boost to our efficiency and productivity.”
Standard Fleet’s Digital Key combines digital access with integrated payments and telematics. It automates payments for EV charging, tolls, rental extensions, and other fees, enabling daily payouts to providers and instant access revocation for nonpayment.
With its game-changing solution, Standard Fleet has already raised $13 million in Series A funding to fuel the expansion of its Digital Key product.
The funding round was led by Nova Threshold, with participation from WEX Venture Capital; SNR; Garry Tan, CEO of Y Combinator, Salil Deshpande of Uncorrelated Ventures; and Apoorv Bhargava, founder of WeaveGrid. Returning investors include Burst Capital, Canvas Ventures, Liquid2, Night Capital, Olive Capital, UP2398, and Danny Wen.
“Standard Fleet is bringing a new solution to fleet management by embracing vehicle connectivity and data, not ignoring it,” David Klein, head of WEX Venture Capital, said. “By removing complexity and giving fleets real-time control, they are giving fleets the tools to scale quickly, addressing a critical need in a rapidly evolving market. They are a tremendous addition to our growing portfolio of innovative companies across mobility and the energy transition.”
According to a 2024 report by ResearchAndMarkets, the global fleet management systems market is projected to grow from $24.6 billion in 2023 to $71.7 billion by 2030, driven by EV adoption and connected vehicle data. Standard Fleet is positioned as a next-generation, OEM-agnostic solution designed to help rental, rideshare, leasing, insurance, and service fleets scale efficiently in this rapidly growing sector.