Tech Company Financing Transactions
FUSE Autotech Funding Round
FUSE Autotech closed a $10 million Series A funding round on 8/16/2021. Backers included Target Global, Escavel Capital and private investors.
Transaction Overview
Company Name
Announced On
8/16/2021
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
Target Global (Lead Investor)
private investors (Christopher Muhr)
Proceeds Purpose
The company intends to use the funds to expand its product and R&D teams.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
7700 France Ave. South 410N
Edina, MN 55435
USA
Edina, MN 55435
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
FUSE was developed in-house by the Walser Automotive Group to answer one simple question: how can we improve the customer experience at our dealerships? While the question was simple, the answer proved to be a challenge. Changing decades of 'tradition' and 'the way it's always been done' was no small task.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Andrew Walser
Chairman
Elie Wurtman
Chief Executive Officer
Colton Ray
Chief Technical Officer
Michael Stanton
VP - Customer Service
Scott Thompson
VP - R & D
Tal Maizels
VP - Sales
Thomas Ryan
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