Fuse
Facts
- HQ
- not provided in text
- Sectors
- Venture Capital, Software, Artificial Intelligence
- Last fund
- Fuse Venture Partners III, LP · 2026 SEC Form D
- Funds raised
- 3 funds SEC Form D filings
- Total capital
- $13.5M SEC Form D filings
Bobby Wagner, NASA Astronaut Kayla Barron, and 'Love is Blind' Star Share Teamwork Wisdom at 2023 GeekWire Awards
At the 2023 GeekWire Awards in Seattle, Seattle Seahawks linebacker and Fuse venture partner Bobby Wagner, NASA astronaut Kayla Barron, and a 'Love is Blind' star shared insights emphasizing teamwork, culture, and empowerment with the Pacific Northwest tech community.
Seattle VC Firm Ascend Raises $25M Second Fund to Boost AI Investments Amid Market Downturn
Seattle-based pre-seed venture capital firm Ascend, led by Kirby Winfield, raised a $25 million second fund focused on doubling down on artificial intelligence investments amid a challenging startup funding environment. Winfield, who has backed over 70 startups, predicts a further valuation correction but remains committed to early-stage investing.
Fuse
This week on Finding PROOF, Jenny and Thanasis talk with Cameron Borumand. Cameron is a General Partner at Fuse, an early-stage fund based in Seattle that invests in enterprise software companies in the Pacific Northwest.
Ben Gilbert Names ChatGPT with GPT-4 as Top Technology of 2023, Citing Microsoft Azure's Key Role
Ben Gilbert, co-founder of Pioneer Square Labs, identifies ChatGPT based on GPT-4 as the most important technology of 2023, highlighting its growing mainstream impact and generative AI's potential. Microsoft, a key OpenAI investor, plays a crucial role with its Azure cloud infrastructure supporting this AI innovation.
GoodShip, Founded by Former Convoy Leaders, Raises $2.4M to Enhance Trucking Analytics for Shippers
Seattle-based trucking analytics startup GoodShip, founded by former Convoy employees Ryan Soskin and David Tsai, secured $2.4 million in funding led by Fuse to improve supply chain efficiency through data aggregation software. The company targets mid-to-enterprise shippers with a mission to optimize contract business digitally and is part of a growing Seattle logistics tech scene.
Seattle YC Startup Needl Raises $2.5M to Build Universal Personal Search Tool for Project Managers
Needl, a Seattle-based YC startup founded by University of Chicago alums, raised $2.5 million to develop a personal search product that integrates across web apps, targeting project managers to quickly find files and information. The tool launched a closed beta in August and aims to be an easy-to-adopt alternative to enterprise-focused search solutions.
Ex-Nike COO Erik Sprunk Joins Board of Seattle Startup Jigx, Aiding $9 Million Fundraise for Mobile App Development
Seattle-based mobile app development startup Jigx, led by K2 Software veterans, raised $9 million including investment from former Nike COO Erik Sprunk who joined its board. Jigx helps companies accelerate and reduce costs in building mobile apps, serving clients like Motul and Life Flight Australia.
Stack Co-Founder and CEO Will Rush on Teen Crypto Investing
This week, Investor Aseem Datar is talking with Will Rush, co-founder and CEO of Stack, a teen crypto platform to educate a young crypto-curious generation — and their parents — about responsible investing. After working at a company, building a banking app for teens, Will took his decade-long experience in securities and finance and applied it to crypto and Web3. He saw the excitement and curiosity that teens had for crypto and knew he could apply his experience to create a world of responsible teen crypto investing. Stack has managed to balance education and access for both parents and their…
Madrona Venture Group Raises $690M Across Two Funds to Support Startups in Seattle and Nationwide
Madrona Venture Group has raised $690 million across two funds, marking its largest ever, to back startups primarily in the Pacific Northwest and nationwide. The firm plans about 40 venture investments with increased capital per company amid a strong U.S. venture market.
Seattle Startup ModusBox Spins Out PortX with $10M Series A Led by Fuse and BankTech Ventures
Seattle-based ModusBox is spinning out its financial services tech business into a new company called PortX, which raised $10 million in Series A funding led by Fuse and BankTech Ventures. PortX, focused on financial services integration software, employs 51 people while ModusBox has 19, both headquartered near Seattle.
Seattle Startup Stack Raises $2.7M to Build Crypto Investing and Education Platform for Teens
Seattle-based startup Stack raised $2.7 million to develop its education-focused crypto investing platform for teens, aiming to differentiate with tailored content alongside investment tools. The company plans iOS and Android app launches, targeting a waitlist of 5,000, backed by investors including Madrona Venture Group and Santa Clara Ventures.
Madrona Venture Group Opens Silicon Valley Office to Expand Investments Beyond Pacific Northwest
Seattle-based Madrona Venture Group is expanding beyond the Pacific Northwest by opening its first Silicon Valley office to increase investments outside its home region. Since 2019, the firm has raised over $261 million for an acceleration fund targeting more mature companies across North America, with about 15% of its portfolio now outside the Pacific Northwest.
Seattle VC Firm Fuse, Led by Three Under-40 Partners, Raised $170M and Seeks $250M for Second Fund
Seattle venture capital firm Fuse, led by three general partners all aged 35 or younger, raised $170 million for its first fund and is currently raising $250 million for its second. The firm focuses on early-stage Pacific Northwest software startups and is notable for both its youthful leadership and sizable funds.
Round, founded by ex-Microsoft leaders Ryan Fuller, Mani Gill and Brian Jansen, raises $12M seed to build vetted network for senior tech leaders
Round, a Seattle startup founded by former Microsoft leaders, raised a $12 million seed round to build a vetted network for senior tech leaders; other Pacific Northwest deals include PTO Exchange's $5.4 million raise and funding and licensing activity at PupPod.
Seattle-based Fuse leads $12M Series A for Vancouver hospitality software startup Operto
Vancouver hospitality-software startup Operto raised a $12 million Series A led by Seattle-based Fuse to fund growth; the 50-person company, led by CEO Steve Davis, reported 400% revenue growth in 2021.
Carbon Robotics unveils 2022 LaserWeeder with 30 CO2 lasers; sold out after orders, taking 2023 pre-orders
Seattle startup Carbon Robotics unveiled the 2022 LaserWeeder, a tractor-pulled AI and computer-vision system using 30 CO2 lasers to kill weeds, can cover ~2 acres/hour, has sold out and is taking 2023 pre-orders. Carbon, founded in 2018 by Paul Mikesell, has raised $36 million to date and employs 35 people; a Voyager Capital partner called it the fastest-growing company hes seen in 23 years.
Ignite's Meet the Investor with Cameron Borumand of FUSE
FUSE is a venture capital firm based in Seattle that partners with early-stage software entrepreneurs. As a founding General Partner, Cameron focuses on investments in horizontal and vertical intelligent application software. Previously, Cameron was a key Principal at Ignition Partners, a leading enterprise software focused venture capital firm. Prior to Ignition Partners, he was a Co-Founder of Curious Capital, where he raised a small fund of outside capital to invest in innovative seed-stage technology companies based in the Pacific Northwest. Cameron holds a BS degree in Business Administration-Finance from the Foster School of Business at the University of Washington. Ignite's…
Unlock Venture Partners raises $60M second fund to back Seattle and L.A. startups, bringing total raised to $85M
Unlock Venture Partners, a seed-stage firm focused on Seattle and Los Angeles startups, raised a $60 million second fund and has now raised more than $85 million total to back early-stage companies including gaming, Web3 and metaverse plays.
Seattle’s Stack Raises $500,000 to Launch March Crypto Investing Platform for Teens with Parental Co-Ownership
Seattle startup Stack is building a gamified crypto investing platform for teenagers and financially disenfranchised young people, launching in March with parental co-ownership and educational rewards. The company raised $500,000 in a pre-seed round from On Deck and Santa Clara Ventures and joined a Seattle fintech incubator.
Seattle VC Fuse announces $170 million inaugural fund, backing 17 Pacific Northwest B2B startups
Seattle-based early-stage VC firm Fuse disclosed its inaugural fund is $170 million, which has backed 17 Pacific Northwest B2B software startups and plans 25–30 total investments.
Zuper raises $13M Series A led by FUSE as ARR jumps 7x; serves HVAC, plumbing, cleaning and other field services
Seattle startup Zuper raised $13 million in a Series A to expand its field-service software for industries like HVAC, plumbing, and cleaning; the 55-person company, led by CEO Anand Subbaraj, grew ARR 7x last year.
GeekWire surveys Seattle-area VCs to name Pacific Northwest startups they predict will become unicorns in 2022
GeekWire surveyed more than a dozen Seattle-area venture capitalists for their picks of Pacific Northwest startups likely to reach unicorn status this year, compiling a list of candidate companies with reasons for each selection. The piece notes rising valuations nationwide and excludes VCs' own portfolio companies to reduce bias.
Pictory raises $2.1M seed from FUSE to automate short-form video production for 5,000+ customers
Seattle startup Pictory raised a $2.1 million seed round to scale its AI software that converts long-form videos and text into short-form clips, serving over 5,000 customers. The company, founded in 2019 by Vikram Chalana, Abid Mohammed, and Vishal Chalana, is led by CEO Vikram Chalana and backed by FUSE, Voyager Capital and several Seattle angel investors.
CostCertified & Fuse Venture Partners
Discover the untold stories behind the venture capital fundraise. Join Alex Norman as he leads candid conversations with founders of venture-backed companies and the partners that made the bet. In this episode: Michael Bignold, Founder & CEO at CostCertified, and Brendan Wales, Founding Partner at FUSE. 0:00 Welcome to Founders & Funding 1:29 Introduction 4:19 Investment journey & path to funding 9:17 Choosing the right investor 11:37 Choosing the right founder to invest in 13:35 Lessons learned for success 16:40 The investor and founder relationship post-investment 21:19 Takeaway: Advice to founders Watch all Founders & Funding episodes here: https://www.youtube.com/watch?v=hGtwiyttrm4&list=PLIEpKVFvGwLNryaHRQcmTssSBdPwiQ9zI&t=0s Listen…
Kirby Winfield, ex-founder and exec, raises $15M for Ascend.vc to back Pacific Northwest early-stage startups
Kirby Winfield, a longtime Seattle startup leader who experienced burnout after multiple exits, founded Ascend.vc to invest in early-stage Pacific Northwest tech companies and raised a $15 million first fund after recovering his health and shifting from founder roles to venture investing.
Fund History
People
See all 5-
Brendan Wales Founder, Co-founder and Founding Partner
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Cameron Borumand Founder, Co-Founder and General Partner
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John Connors Executive, Former CFO of Microsoft, Operating Partner
