Kandji, which offers automated tools for onboarding and updating Apple devices remotely, raises $60M Series B led by Felicis Ventures
During the pandemic, having an automated solution for onboarding and updating Apple devices remotely has been essential, and today Kandji …
Context & Ripple Effects
Kandji's $60M Series B arrives just six months after its $21M Series A led by Greycroft, an unusually fast step-up that reflects how essential automated Apple-device onboarding became once corporate fleets went fully remote. The company sits in the same pandemic-era wave of remote-IT tooling as Electric's $40M Series C and JumpCloud's $75M Series E, both raised within months of this round.
The bet paid off quickly: by November 2021 Kandji had closed a $100M Series C led by Tiger Global at an $800M valuation, and by mid-2024 total funding passed $288M with a mixed equity-and-debt package from General Catalyst — making this Felicis-led round the inflection point where the startup went from niche MDM vendor to heavily capitalized category player.
First-order effects
- Felicis' lead gives Kandji the capital to scale automated onboarding and update tooling for Apple devices while IT teams are still managing newly distributed fleets without hands-on access.
Second-order effects
- Horizontal remote-IT rivals Electric and JumpCloud now face a specialist optimized purely for Apple hardware, forcing them to defend accounts either by deepening Apple support or widening their multi-platform scope.
Third-order effects
- If the follow-on rounds hold the pattern, Apple-centric device management hardens into a distinct, well-funded category rather than a feature inside broader IT platforms — with consolidation risk if Apple itself tightens what third-party tools may do on its devices.
The trend: Pandemic-driven venture capital is consolidating around cloud device-management specialists, with Apple-only vendors like Kandji out-raising generalist remote-IT platforms round over round.