# Fusetools AS

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fusetools

- Industry: Software
- Headquarters: Oslo, Norway
- Website: www.fusetools.com
- Total disclosed funding: $18M
- Latest round: Series A (Jan 24, 2017)
- Investors on record: 2

## About

Fusetools AS specializes in full-stack digital product development, delivering tailored solutions for various sectors, including maritime and travel, through its advanced Fuse Platform.Founded in 2011 and headquartered in Oslo, Norway, Fusetools AS focuses on creating custom applications for a diverse clientele. The company has completed three deals, with the latest being a Series A funding round in January 2017 where it raised USD 12.00 mn from investors Alliance Venture and Northzone. Anders Lassen serves as the CEO.Fusetools AS specializes in developing full-stack digital products tailored for a diverse clientele, including startups, enterprises, and various organizations across industries such as maritime and travel. The company’s core offerings are built upon the Fuse Platform, which facilitates the creation of custom applications by allowing clients to share code, components, and infrastructure. This shared platform approach accelerates the development process while ensuring high quality and precision, enabling teams to focus on delivering unique value to end users. Notable use cases include the launch of a state-of-the-art e-travel experience within four months, showcasing their capability to meet clients' time-sensitive needs. Fuse’s services are primarily utilized in markets such as Europe and North America, where they cater to clients looking for innovative digital solutions.In the most recent year, 2022, Fusetools AS reported revenue of USD 2,124,028 and an EBITDA of USD 575,203. The company generates revenue through a subscription-based model, delivering apps as a continuous service. This structure allows for ongoing improvements and adjustments to applications, aligning closely with clients' business goals and ensuring consistent quality. The company’s financial transactions typically involve B2B agreements, where businesses subscribe to the Fuse Platform to access its suite of services. Clients benefit from a collaborative relationship where Fuse acts as an extension of their product teams, enhancing their mobile and digital capabilities with minimal risk.Fusetools AS intends to leverage the USD 12.00 mn raised in Series A funding in January 2017 to enhance its product offerings and expand into new markets. The company is actively working on upcoming features for its Fuse Platform, aiming for a rollout by the end of 2023. Additionally, Fusetools is exploring opportunities in the Asian markets, with plans to establish a presence there by 2024, thereby increasing its global footprint.

## Funding rounds

- Series A, Jan 24, 2017, $12M — Northzone, Alliance Venture
- Seed, Jan 27, 2015, $2.8M — Northzone, Alliance Venture
- Seed, Jun 12, 2014, $3.5M — Northzone, Alliance Venture

## Investors

- Northzone (https://capitalatlas.ai/funds/northzone) — Seed, Series A
- Alliance Venture (https://capitalatlas.ai/funds/alliance-venture) — Seed, Series A