United States · Series A startup

Who invested in Fuse

4 rounds we have observed, with the 14 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AIFinancial ServicesFintech

Raised 8 months agoY Combinator: W19

Funding summaryUpdated 5 Nov 2026

$49Mraised across 4 rounds since 2023, from 5 sources

$17MSeed$500KPre-seed$6.6MSeed$25MSeries A
Latest round
Series A, $25MMar 2026
Led by
Footwork
Step-upi
3.8×
Investors
14 (2 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2023202420252026
$17MSeed$500KPre-seed$6.6MSeed$25MSeries A
First round
Seed, $17M
Mar 2023
Biggest round
$25M
Series A · Mar 2026
Usual gap between rounds
11 months
the median of 3

The rounds

  1. Mar 2026
  2. Apr 2025
  3. Sept 2024
    Pre-seed$500K1 new

    Source recorded

  4. Mar 2023
    Seed$17M2 new

    Source recorded

Founders and team

From Fuse's own website: 9 on the team.

  • Ryan BakerCFO
  • Brendan WalesGeneral Partner
  • Brooke BorsethSenior Associate
  • Cameron BorumandGeneral Partner
  • Carmen BallaganOffice Manager
  • Emily HarrisonPlatform Lead
  • Kellan CarterGeneral Partner
  • Samarth GandhiAnalyst
  • Zane KhatibPrincipal

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

NorthzoneVC firm1round, led 1
FootworkVC firm1round, led 1
Y CombinatorAccelerator1round
FJ LabsVC firm1round
Abstract VenturesVC firm1round
NextView VenturesVC firm1round
Commerce VenturesVC firm1round
Shorooq PartnersVC firm1round
Buckley VenturesVC firm1round
Flourish VenturesVC firm1round
Alter GlobalVC firm1round
George MakhoulVC firm1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 6 firms list Fuse as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

Alliance VCVC firmPer its own site
Skystar CapitalVC firmPer its own site
Cowles CompanyVC firmPer its own site
Iconica PartnersVC firmPer its own site
FTTFVC firmPer its own site
Same Page CapitalAcceleratorPer its own site

Quick answers about Fuse

Who invested in Fuse?

Fuse's investors include Northzone, Footwork, Y Combinator, FJ Labs and Abstract Ventures, and 9 more on record. Footwork led its latest round.

How much has Fuse raised?

Fuse has raised $49M across 4 rounds since 2023.

When did Fuse last raise?

Fuse's most recent round was a Series A of $25M in Mar 2026, led by Footwork.

What was Fuse's biggest round?

Its most recent round, $25M in Mar 2026, is also its largest on record.

Who backed Fuse first?

Fuse's first round on record, in Mar 2023, was backed by Abstract Ventures and Buckley Ventures.

What stage is Fuse at?

Fuse's latest named round is a Series A, in Mar 2026.

Where is Fuse based?

Fuse is based in the United States.

Who led Fuse's rounds?

Northzone led the Seed in 2025; Footwork led the Series A in 2026.

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