|JOBS MAINTAINED||25 FTE|
|FORECASTED JOBS CREATED||27 FTE (New jobs created from SOFII funding)|
Fusebill has developed a cloud-based subscription billing and payments platform that enables high growth companies to automate many of the complexities in running a subscription based business. Their general ledger backed payments platform enables recurring billing, revenue recognition, and subscription management processes specifically designed for rapid growth business.
SOFII PROJECT SUMMARY
SOFII funding was used for working capital to commercialize the Fusebill IoT Module and to scale sales, marketing and support teams.
"The SOFII team has been great to work with. Their process is well thought out and the level of communication they provided us during was been world class.
"We see SOFII as a long-term partner for our business. Accessing these non-dilutive funds has been an instrumental tool to support Fusebill’s growth trajectory."