Fusebill
| ISIN | 🆔 |
|---|---|
| Founded 📆 | 2011 |
| Founder 👔 | Tyler Eyamie, Greg Burwell |
| Headquarters 🏙️ | , Ontario |
Area served 🗺️ | |
| Services | Automated-billing and payment solutions |
| Members | |
Number of employees | |
| 🌐 Website | fusebill |
| 📇 Address | |
| 📞 telephone | |
Fusebill is an Ontario-based company that provides automated-billing and payment solutions.[1] The company specializes in software that assists small to mid-sized businesses with automating invoices, billing, and collections of recurring revenue and subscriptions.[2] The company was founded in 2011.[3][4]
Co-Founders Tyler Eyamie and Greg Burwell were also members of the executive team that helped develop the Ottawa-based company Protus.[3][5][6]
In 2013, Tyler Eyamie was a recipient of the Ottawa Business Journal’s Forty Under 40 award.[7]
Growth and development
Fusebill moved its headquarters to a new, 4,000-square-foot facility in Kanata in late 2012.[1][3]
The company currently has a staff of 16 and a client roster of over 100.[3][1]
OMERS Ventures and Covington Capital investment
In Spring 2013, OMERS Ventures and Covington Capital invested $2 million in the company.[2][8][9][8][1][10] Fusebill CEO Steve Adams indicated the company has plans to use the money to shift its focus from product development to sales and marketing.[3][8][10] OMERS Ventures managing director Derek Smyth expressed optimism in the company’s software-as-a-service billing and analytics capabilities for small to medium-sized businesses.[11][2]
The investment was the second of its kind made by Covington Capital, who previously invested $900,000 in Fusebill with Capital Angel Network in 2012.[3]
External links
Company Website: http://www.fusebill.com
References
- ↑ 1.0 1.1 1.2 1.3 Karen E. Klein. "Making the Web's Subscription Economy Hum". Bloomberg Businessweek. Retrieved May 6, 2013.
- ↑ 2.0 2.1 2.2 Staff. "OMERS Invests in Fusebill". Benefits Canada. Retrieved May 6, 2013.
- ↑ 3.0 3.1 3.2 3.3 3.4 3.5 Courtney Symons. "Fusebill raises $2M in VC funding". Ottawa Business Journal. Retrieved May 6, 2013.
- ↑ "FuseBill Automates Billing for Recurring Services", ZDNet, September, 2012.
- ↑ Sheila Brady. "Home sweet home, again: Staying in Stonebridge was an easy decision for these owners". Ottawa Citizen. Retrieved May 6, 2013.
- ↑ Elizabeth Howell. "Former Protus employees fuse again under new firm". Ottawa Business Journal. Retrieved May 6, 2013.
- ↑ OBJ Staff. "Forty Under 40 recipients reveal Ottawa's 'new economic trailblazers'". Ottawa Business Journal. Retrieved May 6, 2013.
- ↑ 8.0 8.1 8.2 "Fusebill Raises $2M From OMERS And". TechCrunch. Retrieved May 6, 2013. Cite error: Invalid
<ref>tag; name "TC" defined multiple times with different content - ↑ Dan Primack. "Venture capital deals". CNN Money. Retrieved May 6, 2013.
- ↑ 10.0 10.1 Narc Castri. "OMERS Ventures and Covington Capital Funds Fusebill". International Venture Capital Post. Retrieved May 6, 2013.
- ↑ Sean Stanleigh. "L'Oreal makes big deal with Kenyan entrepreneur". The Globe and Mail. Retrieved May 6, 2013.
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