About Fusemachines
Fusemachines is a company based in New York (United States) founded in 2012.. Fusemachines has raised $975 thousand across 2 funding rounds from investors including Dolma Fund Management. Fusemachines has completed 1 acquisition, including Rake. Fusemachines offers products and services including AI Studio TM, GenAI Engines TM, Xtract AI Engine TM, Answer Gen TM, and Fraud Detection AI Engine TM. Fusemachines operates in a competitive market with competitors including Clickup, Glean, Scribe, Happeo and Bloomfire, among others.
- Headquarter New York, United States
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Fusemachines Inc.
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Annual Revenue
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Net Profit
$172.31 K-96.28as on Dec 31, 2024
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EBITDA
$-2.26 M-39.73as on Dec 31, 2024
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Total Equity Funding
$975 K (USD)
in 2 rounds
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Latest Funding Round
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Fusemachines
Fusemachines offers a comprehensive portfolio of products and services, including AI Studio TM, GenAI Engines TM, Xtract AI Engine TM, Answer Gen TM, and Fraud Detection AI Engine TM. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Unified platform for developing and managing AI engines
Tools for information extraction and answer generation
Engine for advanced information extraction tasks
System for generating answers from documents
AI tool for identifying fraud patterns
Funding Insights of Fusemachines
Fusemachines has successfully raised a total of $975K across 2 strategic funding rounds. 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 Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(01 Jul 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2018 | Amount | Series A - Fusemachines | Valuation | Dolma Impact Fund |
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| Jul, 2014 | Amount | Seed - Fusemachines | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Fusemachines
Fusemachines has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Dolma Fund Management. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Impact investments are managed by Dolma Fund Management.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Fusemachines
Fusemachines has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Rake. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Job applications are managed and tracked with a mobile-first tool.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Fusemachines
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fusemachines Comparisons
Competitors of Fusemachines
Fusemachines 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 Clickup, Glean, Scribe, Happeo and Bloomfire, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud based project management platform
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| domain | founded_year | HQ Location |
Cloud-based platform for enterprise search
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| domain | founded_year | HQ Location |
Step-by-step guides for sales demos and customer training are auto-generated.
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| domain | founded_year | HQ Location |
Enterprise social networking platform
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| domain | founded_year | HQ Location |
Cloud-based platform for knowledge management and team collaboration is provided.
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| domain | founded_year | HQ Location |
Knowledge is captured and shared through expert-created cards.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Fusemachines
Frequently Asked Questions about Fusemachines
When was Fusemachines founded?
Fusemachines was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is Fusemachines located?
Fusemachines is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Fusemachines a funded company?
Fusemachines is a funded company, having raised a total of $975K across 2 funding rounds to date. The company's 1st funding round was a Seed of $975K, raised on Jul 01, 2014.
What does Fusemachines do?
Fusemachines was established in 2012 in New York, United States, within the technology sector focused on artificial intelligence. AI, natural language processing, and machine learning are applied to automate processes for inside sales teams and customer service operations. Sales features include lead generation, outreach, response, and meeting automation, while customer service covers response handling, ticket ranking, churn prediction, and alert generation. Notable clients encompass NYC.gov, Enhatch, and QFX Cinemas.
Who are the top competitors of Fusemachines?
What products or services does Fusemachines offer?
Fusemachines offers AI Studio TM, GenAI Engines TM, Xtract AI Engine TM, Answer Gen TM, and Fraud Detection AI Engine TM.
How many acquisitions has Fusemachines made?
Fusemachines has made 1 acquisition, including Rake.
Who are Fusemachines's investors?
Fusemachines has 1 investor. Key investors include Dolma Fund Management.