About Fuse
Fuse is a company based in West Jakarta (Indonesia) founded in 2017. It operates as a InsurTech, AI-as-a-Service, and Commission-Based. Fuse has raised $50 million across 3 funding rounds from investors including Emtek, East Ventures and GGV Capital. Fuse offers products and services including Fina, Fuse Pro, Car Insurance, and Health Insurance. Fuse operates in a competitive market with competitors including Zopper, Cover Genius, Bolttech, Qover and Open, among others.
- Headquarter West Jakarta, Indonesia
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website fuse.co.id/en/home-en
- Social LinkedIn X Facebook Instagram
- Legal Name Pt Fuse Digital Indonesia
- Total Equity Funding$50M (USD)
in 3 rounds
- Latest Funding Round$25M (USD), Series B
Dec 2021
- InvestorsEmtek
& 7 more
Products & Services of Fuse
Fuse offers a comprehensive portfolio of products and services, including Fina, Fuse Pro, Car Insurance, and Health Insurance.
AI assistant for car insurance transactions via WhatsApp.
Platform for financial advisors to distribute products efficiently.
Insurance product covering vehicles against various risks.
Insurance product providing coverage for health-related expenses.
Funding Insights of Fuse
Fuse has successfully raised a total of $50M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in December 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $50M
- Total Rounds 3
- Last Round Series B — $25M
- Investors Count 8
All 3 funding rounds of Fuse with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2021 | $25M | Series B | – | eWTP Capital | |
| Aug 2021 | $25M | Series B | – | GGV Capital | |
| Oct 2019 | – | Series A | – | East Ventures | – |
8 investors in total: 8 institutional.
Investors in Fuse
Fuse has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Emtek, East Ventures and GGV Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in Southeast Asian startups and publishing reports on technology and sustainability. | – | east.vc | - | |
Venture capital is invested in cybersecurity, fintech, and AI startups. | – | ggvc.com | Menlo Park, United States | |
Venture capital is invested in technology startups by eWTP Capital. | – | ewtpcapital.com | Beijing, China | |
Venture capital firm investing in Southeast Asian startups | – | goldengate.vc | Singapore, Singapore | |
Early-stage startups are funded by this Beijing-based venture capital fund. | – | ceinnovationcap.com | Beijing, China | |
Tech startups are invested in by SMDV venture capital firm. | – | smdv.com | Jakarta, Indonesia | |
Door locks, knobs, and building accessories are manufactured by Emtek. | 1981 | emtek.com | New Haven, United States | |
It functions as an investment management firm handling diversified funds and portfolios. | 2014 | heyokha-brothers.com | Hong Kong, China |
Investor details for Fuse
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Fuse
26 people are tracked at Fuse (14 in leadership, 12 in team).
| Name | Role | Group |
|---|---|---|
Nadya Prelia Irawan | Associate Legal Director | Leadership |
David Bonggas | Marketing Director | Leadership |
Untung Prayogo | Finance Director | Leadership |
Ivan Sunandar | COO | Leadership |
Andy Yeung | CEO | Leadership |
Delbert Honyman | Director - Strategic Development & Corporate Finance | Leadership |
Yolanda Lavenia | Head Of Administration | Leadership |
Delwin Wijaya | Finance Associate Director | Leadership |
Norman Sundjaja | Head Of Consolidation & Reporting | Leadership |
Dimas Wisageni | National Head Commerical Business | Leadership |
Nikky Sirait | Head Of Public Relations | Leadership |
Dede Hikmat | Executive Director - Employee Benefits Business | Leadership |
Krizia Magdalena | Associate Director - Employee Benefit Middle Office | Leadership |
Suranto Hadi Waseso | Associate Director | Leadership |
Raymond Sigit | Creative & Brand Production Manager | Team |
Cynthia Chaterina | Senior Business Relationship Manager | Team |
Maria F. | Human Resources Services And GA Manager | Team |
Qinthara Arabella M. | Growth Marketing Manager | Team |
Andrew Moeljoatmodjo | Accounting Manager | Team |
Dio Ardana Pramandika | Sr. Growth Marketing | Team |
6 more people are available in the full profile.
Complete people profiles for Fuse
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Fuse
3 dated milestones of Fuse across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Fuse is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $25.0M.
Competitors of Fuse
Fuse operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zopper, Cover Genius, Bolttech, Qover and Open, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zopper.com | 2011 | Noida, India | $120.6M | 567 | API-enabled insurance distribution platform is provided for B2C companies. | |
| covergenius.com | 2014 | New York, United States | $243.6M | – | Software suite for insurance distribution and management is provided. | |
| bolttech.io | 2020 | Singapore | $740.2M | – | Insurance solutions are connected for businesses and individuals through partnerships. | |
| qover.com | 2016 | Brussels, Belgium | $71.67M | 92 | Software suite for designing and distributing digital insurance is offered. | |
| beopen.com | 2016 | Sydney, Australia | $34.1M | – | AI-based software suite is offered for insurance industry operations. | |
| tint.ai | 2018 | San Francisco, United States | $25.13M | 24 | Embedded insurance solutions are delivered to businesses through platforms. | |
| bharatsure.com | 2021 | Mumbai, India | $3.25M | 23 | Technology and infrastructure for insurance sales are provided. | |
| lami.world | 2019 | Nairobi, Kenya | $5.5M | – | A software suite is provided for insurers and underwriters. | |
| symbo.co | 2017 | Mumbai, India | $9.4M | 47 | Insurance products are provided across industries and business types. |
Detailed competitors of Fuse
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Fuse
The website of Fuse (fuse.co.id) receives about 13.9K visits a month.
- Monthly visits13.9K
▼ 13.8% vs previous month
Websites whose visitors overlap most with Fuse. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| google.com | 100% | 85.8B | #1 | View details | |
digiwarestore.com | digiwarestore.com | 91% | – | #1,133,895 | – |
| linkedin.com | 78% | 1.9B | #18 | View details | |
| instagram.com | 74% | 7.1B | #4 | View details |
Latest news on Fuse
Complete news archive for Fuse
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Fuse
10 companies that operate in the same segment as Fuse (Insurance Technology & Support Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 655.23 M | USD 216.04 M | 461 | |
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 206.3 M | – | – | |
Cloud-based platform for property and casualty insurance is provided. | 2001 | San Mateo, California, United States | – | USD 1.48 B | 226 | |
Claims administration, loss adjusting, and benefits management services are provided. | 1969 | Memphis, Tennessee, United States | USD 2.63 M | – | – | |
Online property and casualty insurance is provided for businesses. | 2017 | San Francisco, California, United States | USD 800 M | – | – | |
Satellite-based imaging solutions are provided using synthetic aperture radar. | 2016 | Palo Alto, California, United States | USD 233.99 M | – | 191 | |
API-enabled insurance distribution platform is provided for B2C companies. | 2011 | Noida, Uttar Pradesh, India | USD 120.6 M | – | – | |
AI and microsatellite-based imaging solutions are developed for data monitoring. | 2014 | Espoo, Finland | USD 1.16 B | – | – | |
Software suite for insurance distribution and management is provided. | 2014 | New York, New York, United States | USD 354.55 M | USD 21.6 K | – | |
AI-enabled driver monitoring and fleet safety management solutions | 2015 | Palo Alto, California, United States | USD 182.84 M | – | – |
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Frequently Asked Questions about Fuse
Fuse was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Fuse is headquartered in West Jakarta, Indonesia. It is registered at West Jakarta, Jakarta, Indonesia.
Fuse is a funded company, having raised a total of $50M across 3 funding rounds to date.
Fuse is established as a leading provider of insurance technology solutions in Indonesia. The company is focused on delivering digital tools like Fina, an AI-powered assistant for car insurance transactions via WhatsApp, and Fuse Pro, a platform for financial advisors. Various insurance products, including car, health, and property insurance, are offered through partnerships. Operations are conducted across multiple sectors, targeting individual and corporate clients with accessible financial solutions. Innovative technology is utilized to enable users and partners to grow businesses digitally with minimal investment.
Fuse's top competitors include Zopper, Cover Genius and Bolttech.
Fuse offers Fina, Fuse Pro, Car Insurance, and Health Insurance.
Fuse has 8 investors. Key investors include Emtek, East Ventures, GGV Capital, eWTP Capital, and Golden Gate Ventures.
Fuse operates through Pt Fuse Digital Indonesia.