Fusebill provides small and medium-sized enterprises with a cloud-based platform to manage subscription, one-off and customized billing by automating many manual accounting, financial processes and workflows. Led by CEO Tyler Eyamie, the company serves hundreds of global businesses including INSzoom, Churchill Downs and ClearPathGPS. Fusebill raised $6M in funding to support its growth. The company intends to use the funds to continue to bolster product development, accelerate global expansion in sales, and scale ahead of increasing demand. Fusebill is based in Ottawa, Canada. Fusebill offers online subscription-billing software that automates accepting payments, handles adjustments and discounts (one-time or recurring), and integrates with other e-commerce tools. The platform is PCI compliant and includes an analytics component to identify churn drivers and report metrics such as ARPU. Fusebill targets mid-sized businesses and provides pricing options aimed at startups, positioning itself as a lower-cost alternative to enterprise players like Zuora. The company already has a strong customer base, mostly in the U.S. Fusebill plans to use new funding for further product development, expanding its offering for additional customer segments, and building out sales and marketing. CEO Steve Adams said the round will help the company get the product in front of more customers and accelerate growth.

Total raised

$8M

Funding rounds

2

Latest round

Series A

Latest activity

Sep 2016