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Fuse, an early-stage venture capital firm based in the Pacific Northwest, primarily invests in Seed and Series A software and AI-enabled startups in the Seattle and broader Pacific Northwest regions. The firm employs an operator-first approach, focusing on locally-based companies and also has a dedicated program for pre-seed funding in the space ecosystem.
Deal activity increased 100% year-over-year (4 deals in the last 12 months). Their most common stage is seed (50% of deals). Average disclosed round size is $34.2M (across 18 rounds with reported amounts).
Portfolio
18
Fund Size
$420M
Top Stage
Seed
Last 12 Mo
4
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
18 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Scala | Seed | $8.5M | Feb 2026 |
 Digs | Series A | $5M | Nov 2025 |
 Paid | Seed | $21.6M | Sep 2025 |
 Pay-i | Seed | $4.9M | May 2025 |
| FFreightmate AI | Seed | $5M | Jan 2025 |
| LLumen Orbit | Seed | $11M | Dec 2024 |
| QQuandri | Series A | $8.5M | Jun 2023 |
| Digs | Seed | $7M | Feb 2023 |
 Casavo | Series D | $410M | Jul 2022 |
 bttn | Series A | $20M | Jun 2022 |
| ZZuper | Series A | $13M | Jan 2022 |
 CostCertified | Seed | $8.4M | Oct 2021 |
 Carbon Robotics | Series B | $27M | Sep 2021 |
| VVisualping | Seed | $6M | Jul 2021 |
| WWellSaid Labs | Series A | $10M | Jul 2021 |
 Cubyn | Unknown | $35M | Mar 2021 |
| QQuantiaMD | Growth | $12M | Oct 2012 |
| NNeedl | Seed | $2.5M | — |
Top Co-Investors
Voyager Ventures2 shared
Liquid 2 Ventures2 shared
N49P2 shared
Flying Fish2 shared
360 Capital2 shared
Y Combinator2 shared
Soma Capital2 shared
Anthos Capital1 shared
Ignition Partners1 shared
Bolt1 shared
Tiger Global Management1 shared
Sequoia Capital India1 shared
Hubspot Ventures1 shared
Eurazeo1 shared
First Bridge Ventures1 shared
DNS Capital1 shared
Palm Drive Capital1 shared
Qualcomm Ventures1 shared
Good Friends1 shared
EQT Ventures1 shared
Last updated: 16 April 2026