FUSE
FUSE is a Seed and Series A fund in the US and Canada writing $1M–$10M checks into AI, Enterprise, Fintech, Healthcare, Security, software, space-tech, logistics, commerce and vertical-software.
- Stages
- Seed, Series A
- Sectors
- AI, Enterprise, Fintech, Healthcare, Security, software, space-tech, logistics, commerce, vertical-software
- Check size
- $1M–$10M
- Invests in
- US-wide, Canada
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 2020
- Assets under management
- $430M
- Website
- fuse.vc
Thesis
FUSE is an early-stage venture capital firm founded in 2020 and headquartered in Bellevue, Washington. The firm focuses on the Pacific Northwest, particularly Seattle and western Canada, investing in Seed and Series A rounds. Their strategy centers on partnering with emerging software and AI-enabled startups, aiming to support founders in transforming early-stage ideas into category-defining companies. FUSE's investment sweet spot includes sectors such as artificial intelligence, software (particularly vertical software and SaaS), space technology, healthcare, logistics, cybersecurity, commerce, and fintech. They seek to improve business processes through software and AI, with a particular interest in machine learning applications. FUSE typically leads these early-stage rounds, deploying check sizes ranging from $1 million to $10 million. As of May 2026, FUSE manages over $430 million in assets and is reportedly raising its third venture fund. The firm has raised $170 million for its inaugural fund in 2020 and closed its second fund at $250 million in September 2023, totaling over $420 million in committed capital across its first two funds.
Common questions
Does FUSE invest at the Seed stage?
Yes. FUSE lists Seed and Series A among the stages it invests in.
What check size does FUSE write?
FUSE writes $1M–$10M checks.
Where does FUSE invest?
FUSE invests in the US and Canada.