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Fusion Risk Management

3601 Algonquin Road, Suite 500, Rolling Meadows, IL, 60008, United States

Overview

Fusion Risk Management provides cloud-based operational resilience software encompassing business continuity and disaster recovery, risk management, IT and security risk management, and crisis and incident management. Its platform serves a diverse base of 400+ blue-chip customers, helping organizations mitigate threats, minimize downtime, and sustain operations during disruptions. The company plans to use the strategic growth investment to enhance go-to-market and product innovation capabilities and to accelerate attractive organic and inorganic growth opportunities. Existing investor Vista Equity Partners will remain a significant minority shareholder alongside Catalyst Investors and Level Equity Management. Financial terms of the transaction were not disclosed. Fusion Risk Management offers a flagship SaaS platform, the Fusion Framework System, complemented by products including Fusion Communities, Fusion System Connectors, and Fusion Fuel. The company serves large financial services firms, healthcare and insurance companies, retailers, manufacturers, and other enterprise customers. Fusion positions itself to replace legacy solutions and enable data-driven decisions for organizational resilience, IT disaster recovery, and crisis/incident management. Management says the business has grown rapidly, doubling staff and U.S. footprint in the past two years and opening a European headquarters in London. Fusion plans to use new growth capital to further scale its platform, accelerate its product roadmap, and expand product offerings across the broader risk management category. Existing investors Catalyst Investors and Level Equity will retain ownership stakes alongside the new investor. The company emphasizes continued investments in marketing, sales, and services to support customer success and market leadership. Fusion Risk Management provides SaaS software for business continuity, crisis/incident management, IT disaster recovery, and operational risk management through its Fusion Framework® System™. Its flagship Fusion Framework System is complemented by mobile applications (Fusion Enterprise Community), pre-built integrations (Fusion Connector Series), and advisory services (Fusion Fuel). The company serves large financial services firms, health care and insurance companies, retailers, and manufacturers and emphasizes customer service and domain expertise over legacy software and traditional consulting. Fusion reports "tremendous growth in revenues, customers, employees and facilities" and has expanded its Chicago office. The company says it will use the new funding to support product development, customer service, sales and marketing initiatives and to continue gaining market share and expanding internationally. Founded in 2006, Fusion has invested in customer programs (knowledgebase, user groups, annual Solutions training) and won the Business Continuity Institute Global Award in 2016.

Total raised
$41M
Funding rounds
3
Latest round
Series C
Latest activity
Jun 2017

Industries

  • Advice
  • Risk Management
  • Software
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Recent funding

  1. Series C

    Jun 2017

    $41M

Team