Fuzey, a London-based company that provides a one-stop shop for small businesses and independent contractors, raised $4.5 million in seed funding.
The round was led by byFounders, with participation from Flash Venture, Global Founders Capital, Ascension, and a group of angel investors.
The company has received $5.2 million in total funding since it was founded in 2020. Sara and Lorenzo have joined the company's board as part of the investment.
Two years ago, COO Boyce and CEO Jensen met and became friends. Many of the tools developed for business management are either out of reach to businesses like this nor designed with them in mind, as Lysgaard Jensen believes local businesses are the backbone of every community.
These types of businesses are being called attention by other startup. Puls Technologies raised $15 million for its mobile app in November. Jobber, a larger company, announced $60 million in funding at the beginning of the year.
This area is particularly personal for the man, who explained that his mother was a small business owner who ran most of her business out of a leather bound notebook, always fearing that it might get lost.
He told TechCrunch that the topics they are working on are topics. During the Pandemic, we thought about how we could become agents of change, as we saw shifting consumer demands, people wanting to get more technology-focused and engage with local merchants in different ways.
The company's tools allow small businesses to do things on paper like invoices. It brings together communications, payments, marketing and calendars into one dashboard to manage their businesses and increase their online profiles.
Users are able to communicate with their customers through a variety of methods, from messaging to social media, while also generating invoices for instant payment and insights into lead generation. One-click customer reviews and document templates are offered by Fuzey.
We have response templates with questions or comments that you can use to get back to customers quickly. We are believers in the impact for 20 to 40 years.
The company went live with its product in June and will use the new funding on product development and geographical expansion. In Europe, the U.S. and Canada, it is already operating. Fuzey has 10 employees and is seeing double-digit growth in both revenue and customers.
The leading VCs discuss how COVID-19 is impacting real estate and proptech.
