What is Fulcrum?
Fulcrum positions itself as the manufacturing ERP of the future, designed with advanced technology to move beyond traditional paper-based systems. The platform offers AI-driven scheduling, visual Bill of Materials (BOM) management, and live tracking capabilities, aiming to streamline complex manufacturing processes. The company's focus on technological innovation and operational efficiency places it within the growing market for intelligent enterprise resource planning solutions.
How much funding has Fulcrum raised?
Fulcrum has raised a total of $22.3M across 3 funding rounds:
Angel/Seed
$3.1M
Debt
$398K
Series A
$18.8M
Angel/Seed (2020): $3.1M with participation from Daren Cotter, Bain Capital Ventures, Matchstick Ventures, Schematic Ventures, Yishan Wong, Social Starts, Irish Angels, SpringTime Ventures, Phil Soran, Bread & Butter Ventures, and Battery Ventures
Debt (2021): $398K led by PPP
Series A (2022): $18.8M supported by Bessemer Venture Partners, Battery Ventures, Bread & Butter Ventures, and Matchstick Ventures
Key Investors in Fulcrum
Bessemer Venture Partners
Bessemer Venture Partners is a venture capital firm established in 1911, with offices globally. They invest in companies at all stages, from seed to buyout, across various technology sectors.
Battery Ventures
Battery Ventures is a global investment firm founded in 1983 that backs companies in software and services, enterprise infrastructure, and healthcare IT, among others. They invest across all company stages, from seed to buyout.
Bread & Butter Ventures
Bread & Butter Ventures is an early-stage venture capital firm based in Minnesota, focusing on seed-stage companies in essential sectors like food tech, health tech, and enterprise SaaS, providing both capital and hands-on support.
What's next for Fulcrum?
The substantial enterprise-level funding and recent strategic investment indicate Fulcrum is poised for significant scaling and further product development. This capital infusion will likely fuel expansion into new markets, enhance its AI scheduling and live tracking features, and bolster its sales and marketing efforts. The company's progression through Seed, Angel/Seed, and Series A rounds suggests a maturing business model ready to capture a larger share of the manufacturing technology market.
See full Fulcrum company page
