Covington
One CityCenter, 850 Tenth Street, NW, Washington, DC, 20001-4956, United States
Overview
Covington & Burling LLP is an international law firm that provides legal advisory services. With more than 450 lawyers, the firm provides expertise in virtually all legal specialties. It helps clients deal with the maze of federal laws and regulations. For nearly 30 years it has served state governments in their disputes with the federal government. Covington & Burling represents many large companies and more than 100 trade associations with legislative or regulatory concerns. Covington & Burling also serves foreign governments and businesses in a wide range of concerns, from taxation issues and disputes over mineral rights to intellectual property lawsuits and mergers and acquisitions. Covington & Burling LLP was founded by Judge J. Harry Covington and Edward B. Burling in 1919.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 8
Sector focus
- Advice
- Legal
Investment portfolio
- Fusebill
Led · Equity · Apr 2013
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.