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Fintech Platform Fuse Autotech Raises $10M In Series A Funding Led By Target Global

Fintech Platform Fuse Autotech Raises $10M In Series A Funding Led By Target Global

08/12/21, 1:15 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgminneapolis
Money raised
$10 million
Round Type
series a
FUSE Autotech, a fintech software platform that redefines the car buying process, today announced the completion of its $10 million Series A round of financing, led by Target Global with participation from PICO Venture Partners, Christopher Muhr, former COO of Auto1 (FSE: AG1), and Escavel Capital. This new round of funding will be used to expand FUSE's product and R&D teams.

Company Info

Company
Fuse Autotech
Location
minneapolis, minnesota, united states
Additional Info
FUSE Autotech is a Finance Management System (FMS) that consolidates online and in-store technologies for a seamless customer experience from start to finish. FUSE Autotech provides car dealerships one, go-to application that streamlines vehicle transactions, reduces cost to sell, maximizes profits and ensures sustainability. FUSE's easy-to-use, replicable process allows dealership personnel to create and close a deal from start to finish in as little as 15 minutes. Proprietary software combines artificial intelligence, technology integration and process automation to streamline vehicle transactions. With FUSE, dealerships are able to close more deals by empowering their entire sales force to take a customer through a complete transaction - from start to finish. Shoppers are asking for a smarter, faster way to buy a car; FUSE Autotech is the answer.