Fusebill, an Ottawa, Canada-based subscription management platform, raised $6m in funding.
The round was led by ScaleUp Ventures and Langdell Investments. As part of the funding, Kent Thexton, General Partner at ScaleUp Ventures, and Pratik Budhdev, Principal at Langdell Investments, join Fusebill’s Board of Directors.
The company intends to use the funds to continue to bolster product development, accelerate global expansion in sales, and scale ahead of increasing demand.
Led by Tyler Eyamie, CEO, Fusebill provides small and medium sized enterprises with a cloud-based platform to manage subscription, one-off and customized billing management by automating many manual accounting, financial processes and workflows.
The company serves hundreds of global businesses including INSzoom, Churchill Downs and ClearPathGPS.