FUZE Technology is a technology company.
FUZE Technology has raised $12.0M across 1 funding round.
FUZE Technology has raised $12.0M in total across 1 funding round.
FUZE Technology is a Los Angeles-based technology company founded in 2018 that develops innovative IoT hardware solutions, primarily chargeFUZE for on-the-go mobile charging and adFUZE for data-driven digital out-of-home (DOOH) and Connected TV (CTV) advertising.[1][2][3][5] It serves businesses, event organizers, venues, and consumers by providing seamless connectivity and engagement tools that collect first-party data for targeted advertising, powering experiences at festivals, sports events, and public spaces with partners like American Express, Live Nation, Google, and Insomniac Events.[1][3][5] With around 63 employees and $3 million in revenue, FUZE addresses the growing demand for convenient utilities in a mobile-first world while monetizing through advertising, demonstrating strong growth from national expansion to global partnerships.[1][3]
FUZE Technology was founded in 2018 in Los Angeles with a vision to revolutionize hardware through IoT innovations, spotting an opportunity in the sharing economy to apply e-bike and scooter models to mobile charging amid rising device dependency.[1][3] The idea emerged from identifying gaps in on-the-go charging, leading to the August 2018 launch of chargeFUZE, which quickly gained traction at cafes, bars, festivals, venues, and events.[3][7] Between 2020-2022, it achieved national expansion and refined its technology; by October 2023, FUZE diversified with adFUZE, blending charging utility with advertising; and in 2024, it pushed into global IoT frontiers.[3] This evolution from a single product to a dual-flagship model highlights pivotal moments like rapid scaling and high-profile partnerships, humanizing FUZE as a team-driven catalyst in connectivity.[1][3][5]
FUZE stands out in the IoT space through hardware-software integration that delivers utility while enabling data collection for advertising. Key strengths include:
(Note: Distinct from the acquired Fuze cloud communications platform.[4])
FUZE rides the IoT proliferation and connected experiences wave, capitalizing on post-pandemic surges in live events, festivals, and hybrid work where mobile devices demand constant power and brands seek first-party data amid cookie deprecation.[1][2][3][5] Timing is ideal as 5G, edge computing, and privacy regulations favor hardware-captured data over third-party tracking, positioning FUZE amid market forces like $100B+ DOOH growth and IoT hardware demand in venues.[2] It influences the ecosystem by enabling organizers (e.g., Live Nation, Insomniac) to enhance attendee engagement while monetizing infrastructure, fostering a model where utilities like charging become advertising touchpoints and accelerating IoT adoption in non-traditional sectors like events and retail.[1][3][5]
FUZE is primed for hypergrowth by expanding adFUZE globally, leveraging its chargeFUZE network for richer data sets amid rising CTV/DOOH spend and AI-personalized ads.[3][5] Trends like ubiquitous IoT sensors, event tech recovery, and sustainable hardware will shape its path, potentially through acquisitions or new utilities (e.g., beyond charging). Its influence may evolve from niche event player to broad IoT platform, amplifying connectivity in a digital world—echoing its founding mission to power seamless experiences for businesses and consumers on the go.[1][3]
FUZE Technology has raised $12.0M in total across 1 funding round.
FUZE Technology's investors include Bedrock Capital, Jeff Crusey.
FUZE Technology has raised $12.0M across 1 funding round. Most recently, it raised $12.0M Series A in June 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2024 | $12.0M Series A | Bedrock Capital, Jeff Crusey |