Fleet wants to become your IT department's best friend by managing hardware as a service. For a flat monthly fee, fleet clients can rent computers and phones. The startup handles returns and repairs if there is a hardware issue.

Fleet can exchange old corporate laptops for new ones when the time is right. Customers can see their devices in a single interface.

The company has a wide range of devices. A 14-inch MacBook Pro with an M1 Pro chip and 16GB of RAM costs 99.90 per device per month. The M1 MacBook Air starts at 54.90 per device per month. You will pay 44.90 per month for an Apple device with 128 gigabytes of storage.

You can find Dell computers, Microsoft laptops, and even a couple of Chromebooks. When a device is sent back to Fleet, the company gives it to a nonprofit organization, sells it to a refurbished company or recycles it.

Fleet is a startup that has not raised any funding. The company is expected to generate an annual turnover of $12 million at its current run rate.

It currently has 600 clients, including some French startups such as Ankorstore, Ornikar, Sunday, and Cubyn. The company is launching its service in Spain. The company is opening an office in Barcelona.

Many of Fleet's suppliers can deliver across Europe, so there are more European expansions on the roadmap. The company is looking at Portugal, Italy, Germany and Belgium.

Many companies buy devices for their employees directly. The upfront cost means that you don't have a supplier that can help you in case of hardware issues.

Companies are looking at ways to turn capital expenditures into operating costs. A company could negotiate a credit line with their bank.

This is important to understand Fleet's business model. The startup negotiates directly with financial partners and leasing companies so that Fleet clients just have to create an account and submit some documents. They can see if they can place an order in a few minutes. Fleet becomes a service provider that does the heavy lifting for you.