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FUZE Technology secures $11.5M in Series A funding led by Beverly Pacific to propel global expansion of IoT hardware and software

PRIVATEJun 13, 2024

Amount Raised

$11.5 Million

Round Type

Series A

Los AngelesAdvertisingMobile

Investors

Nicolai MarcianoCameron AzoffLk GroupTr VenturesGeoff Lewis Of Bedrock CapitalLocker One VenturesSea Horse ExpressSunday VenturesFenway Sports Group’s Michael GordonSimon Ventures Of Simon Property GroupHaslem Sports GroupScience VenturesAsm GlobalLive Nation EntertainmentDream VenturesBain Capital Ventures Scout FundPalm Tree CrewBeverly Pacific

Description

FUZE Technology has closed its Series A funding round, securing $11.5 million to fuel its growing demand and accelerate international expansion, with a focus on new product innovations. The funding will also support the launch of adFUZE, a global network of IoT utilities backed by data-driven advertising.

Quick answer

FUZE Technology raised $11.5 Million in a Series A round, dated June 13, 2024. Investors: Nicolai Marciano, Cameron Azoff, Lk Group, Tr Ventures, Geoff Lewis Of Bedrock Capital, Locker One Ventures, Sea Horse Express and Sunday Ventures. FUZE Technology is based in Los Angeles, California, United States.

How much did FUZE Technology raise?
FUZE Technology raised $11.5 Million in a Series A round on June 13, 2024.
Who invested in FUZE Technology?
Nicolai Marciano, Cameron Azoff, Lk Group, Tr Ventures, Geoff Lewis Of Bedrock Capital, Locker One Ventures, Sea Horse Express and Sunday Ventures are named as investors in this round.
What does FUZE Technology do?
FUZE Technology is a global network of IoT utilities backed by data-driven advertising.
Where is FUZE Technology based and how big is it?
FUZE Technology is based in Los Angeles, California, United States.
Who are the decision-makers at FUZE Technology?
Fundz holds 1 contact at FUZE Technology. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Advertising and Mobile around the same time

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

  • LAfricaMobile raised $4.7M (Series A) on May 29, 2024.
  • Mast Vacation Partners raised $33K (Pre-Seed) on July 23, 2024.
  • Luscid raised $1.2M (Seed) on July 18, 2024.
  • Urban Company raised $52M (Secondary Market) on July 17, 2024.
  • Dusk raised $8M (Seed) on July 16, 2024.
  • Grand Games raised $3M (Pre-Seed) on July 15, 2024.

Who to call at FUZE Technology, and when

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

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Company Information

Company

FUZE Technology

Location

Los Angeles, California, United States

About

FUZE Technology is a global network of IoT utilities backed by data-driven advertising. Renowned for its chargeFUZE pay-per-use mobile charging solution, the company also unveiled adFUZE, an in-house data-backed advertising platform designed to enrich user experiences by delivering relevant media to targeted audiences at scale. With a mission to further propel the advancement of IoT, FUZE Technology is committed to delivering state-of-the-art technology solutions that positively impact users, venues, and brands.

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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

FUZE Technology 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.