Fundz

Fintech Platform Fuse Autotech Raises $10M In Series A Funding Led By Target Global

PRIVATEAug 12, 2021

Amount Raised

$10 Million

Round Type

Series A

BloomingtonSoftware

Description

FUSE Autotech, a fintech software platform that redefines the car buying process, today announced the completion of its $10 million Series A round of financing, led by Target Global with participation from PICO Venture Partners, Christopher Muhr, former COO of Auto1 (FSE: AG1), and Escavel Capital. This new round of funding will be used to expand FUSE's product and R&D teams.

Who else raised in Software around the same time

Companies in the same sectors as Fuse Autotech that raised within 45 days of this round, from Fundz verified event records.

  • Meter raised $72M on September 24, 2021.
  • Watchful raised $5M on September 24, 2021.
  • FaceFirst, Inc. raised $11M on September 24, 2021.
  • Pudu Robotics raised an undisclosed amount (Series C) on September 23, 2021.
  • Hai Robotics raised $200M (Funding Round) on September 23, 2021.
  • Recycleye raised $4.6M (Seed) on September 23, 2021.

Who to call at Fuse Autotech, and when

A new round usually means Fuse Autotech is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Fuse Autotech raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Fuse Autotech, from your own LinkedIn network

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Company Information

Company

Fuse Autotech

Location

Bloomington, Minnesota, United States

About

FUSE Autotech makes selling and financing vehicles easy. FUSE Autotech provides one, go-to application that streamlines vehicle transactions, reduces cost to sell, maximizes profits and ensures sustainability. Our easy to use, replicable process allows salespeople to create and close a deal from start to finish. FUSE Autotech lets your team shine with fast, easy, straightforward vehicle transactions that customers love.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Fuse Autotech raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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