Transaction Details

May 1, 2018
London Sloane St

Sector

Technology

Deal Type

Fundraise, ESG

Deal Value

N/D

Deal Team

Jonathan Norman, Daniel Fugmann

Fuse Universal receives equity financing from Eight Roads

Leading cloud-based next generation learning platform solving the challenges in today’s market

Fuse Universal (‘Fuse’) is a market leading next-gen enterprise learning solutions provider that is purposefully built to solve the L&D problems facing corporates. The company’s solutions provides customers to digitise best practices and tacit knowledge captured within the organisation and offered to employees across all digital media achieving 30-50x higher engagement levels than traditional providers.

Fuse is fast-growing, with more than 100+ loyal customers worldwide including global Fortune 1000 enterprises such as Spotify, Adidas, Vodafone, Oracle and EY.

The company is headquartered in London and led by CEO, founder and major shareholder Steve Dineen with over two decades of experience in the learning and development industry after founding his first business in 1995.

Securing a Series B investment from Eight Roads

Fuse has secured a $20m Series B investment from Eight Roads Ventures, Fidelity International’s venture capital arm.

The investment will allow Fuse to stay on the forefront of educational technology innovation and continue advancing its work around areas such as machine learning and AR. It will also support the company’s continued geographic expansion as it is addressing an increasingly global customer base, as well as helping to accelerate its charity arm FuseSchool, which currently has over 140,000 subscribers and delivers free educational content to children across the world.

GCA Altium acted as sole advisor to Fuse Universal and its shareholders, Steve Dineen and Education Growth Partners.

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