Fuuse - About the company
Fuuse is a series A company based in Lancaster (United Kingdom), founded in 2020 by Michael Gibson and Will Maden. It operates as a Provider of management system for electric vehicle charge point infrastructure. Fuuse has raised $24.5M in funding from Par Equity and YFM Equity Partners. The company has 41 active competitors, including 16 funded and 4 that have exited. Its top competitors include companies like ChargePoint, Ev.energy and Rightcharge.
Company Details
Provider of management system for electric vehicle charge point infrastructure. The system offers visibility of electric vehicle charging estates, making it easy to manage charge points. It allows users to generate revenue, cut costs, and save energy. The platform is customisable and designed to securely process payments and data.
- Website
- fuuse.io
- Email ID
- *****@fuuse.io
- Phone Number
- +44 **********
- Registered Address
- White Cross Business Park, South Road, Lancaster, England, LA1 4XQ
Key Metrics
Founded Year
2020
Location
Lancaster, United Kingdom
Stage
Series A
Total Funding
$24.5M in 6 rounds
Latest Funding Round
Investors
Ranked
6th among 41 active competitors
Employee Count
90 as on Sep 30, 2026
Investment & Acquisitions
Legal entities associated with Fuuse
Fuuse is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
FUUSE LIMITED CIN: 10189845 , United Kingdom, Active | May 18, 2016 | - | 69 (As on Dec 31, 2024) |
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Fuuse's funding and investors
Fuuse has raised a total funding of $24.5M over 6 rounds. Its latest funding round was a Series A round on Oct 13, 2025 for $*****. 2 investors participated in its latest round. Fuuse has 5 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Fuuse:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 13, 2025 | 1928909 | Series A | 1273797 | 3082570 | 3962048 | 5419966 |
Jun 05, 2024 | 6342046 | Series A | 3700797 | 8801674 | 3464445 | |
May 11, 2023 | 6011036 | Grant (prize money) | 9143667 | 7433518 | 9342076 |
View details of Fuuse's funding rounds and investors
Fuuse's founders and board of directors
Founder? Claim ProfileHere are the details of Fuuse's key team members:
- Michael Gibson: Co-Founder & CEO of Fuuse. Contact Info: 1 email address
- Will Maden: Former Co-Founder of Fuuse.
View details of Fuuse's Founder profiles and Board Members
Fuuse's employee count trend
Fuuse has 90 employees as of Sep 26. Here is Fuuse's employee count trend over the years:
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Fuuse's Competitors and alternates
Top competitors of Fuuse include ChargePoint, Ev.energy and Rightcharge. Here is the list of Top 10 competitors of Fuuse, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | ChargePoint 2007, Campbell (United States), Public | Manufacturer of electric vehicle charging hardware and provider of software | $554M | 74/100 | |
2nd | Ev.energy 2018, London (United Kingdom), Series B | Developer of software for managing electric vehicle charging grid loads | $46M | 70/100 | |
3rd | Rightcharge 2019, London (United Kingdom), Seed | Provider of fleet electric vehicle charging and payment management platform | $2.81M | 52/100 | |
4th | Versinetic 2020, Birmingham (United Kingdom), Unfunded | Developer of prototypes for EV charging systems | - | - | 50/100 |
5th | Weev 2022, Belfast (United Kingdom), Series C | Online platform offering charging network solutions | $61.8M | 50/100 | |
6th | Fuuse 2020, Lancaster (United Kingdom), Series A | Provider of management system for electric vehicle charge point infrastructure | $24.5M | 49/100 | |
7th | Mina 2019, Sheffield (United Kingdom), Acquired | Tech-enabled platform offering electric vehicle charging payment management solutions | - | 42/100 | |
8th | Hydrologiq 2019, Hertfordshire (United Kingdom), Seed | Provider of project feasibility solutions for hydrogen generation | $822K | 40/100 | |
9th | Electric Miles 2018, London (United Kingdom), Seed | Provider of software for electric vehicle charging and energy management | $1.35M | 39/100 | |
10th | Flexible Power Systems 2018, London (United Kingdom), Seed | Provider of solutions for electric vehicle station management | $1.56M | 38/100 |
Looking for more details on Fuuse's competitors? Click here to see the top ones
Fuuse's Investments and acquisitions
Fuuse has acquired Envisij. Fuuse has not made any investments as of now.Reports related to Fuuse
Here is the latest report on Fuuse's sector:
News related to Fuuse
Media has covered Fuuse for a total of 5 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
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Fuuse and Drax Electric Vehicles partner to migrate BP Pulse fleet customersFleet•Oct 19, 2026•Drax, Fuuse
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Fuuse secures £6m to boost EV charging growthFleetworld•Oct 13, 2025•Par Equity, YFM Equity Partners, Fuuse, Fuuse
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Co-founder of EV specialist to step back from full-time role - firm has raised millions in funding rounds
Insider Media•May 12, 2025•Fuuse
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North West EV specialist acquires Bristol-based EV support firmProlific North•Dec 02, 2024•Fuuse, Everydayev
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£8.7m investment to supercharge EV startup FuuseBusinessCloud•Jun 05, 2024•Fuuse, YFM Equity Partners, Par Equity, ScottishPower and 2 others
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