How Much Did Fulcrum Raise?
Funding & Key Investors

Fulcrum, a rising force in the industrial technology sector, has successfully secured a total of $22.3M in capital to accelerate its mission of digitizing manufacturing operations. This latest infusion of $18.8M represents a major strategic investment, positioning the company to further refine its cloud-native ERP platform. By securing this backing, Fulcrum reinforces its trajectory as a critical player in the modernization of factory floors, moving beyond legacy paper-based systems toward a fully integrated, data-driven future.

The company's growth trajectory, marked by a series of funding rounds from seed to Series A, underscores the market's appetite for specialized enterprise software that addresses the unique complexities of modern manufacturing. With this capital, Fulcrum is well-positioned to scale its operations and expand its footprint in the competitive landscape of industrial SaaS.

What is Fulcrum?

Fulcrum
SoftwareEnterprise Resource Planning (ERP)

Fulcrum is an innovative manufacturing ERP provider designed to eliminate paper-based workflows through advanced digital integration. The platform offers a comprehensive suite of tools, including AI-driven scheduling, visual bill of materials (BOM) management, and real-time production tracking. By focusing on the specific needs of small-to-medium manufacturers, Fulcrum enables businesses to achieve greater operational transparency and efficiency. Its market position is defined by its ability to bridge the gap between complex enterprise resource planning and user-friendly, cloud-based accessibility, effectively serving as the operating system for the modern factory.

How much funding has Fulcrum raised?

Fulcrum has raised a total of $22.3M across 3 funding rounds:

2020

Angel/Seed

$3.1M

2021

Debt

$398K

2022

Series A

$18.8M

Angel/Seed (2020): $3.1M with participation from Irish Angels, Phil Soran, Daren Cotter, SpringTime Ventures, Bain Capital Ventures, Matchstick Ventures, Bread & Butter Ventures, Social Starts, Schematic Ventures, Yishan Wong, and Battery Ventures

Debt (2021): $398K led by PPP

Series A (2022): $18.8M supported by Bread & Butter Ventures, Matchstick Ventures, Battery Ventures, and Bessemer Venture Partners

Key Investors in Fulcrum

Bain Capital Ventures

A global private investment firm that provides flexible capital solutions and deep sector expertise to help companies scale through strategic and operational support.

Battery Ventures

A long-standing venture capital firm that partners with category-defining businesses across software, enterprise infrastructure, and industrial technology sectors.

Matchstick Ventures

An early-stage venture fund focused on supporting diverse founders and innovative startups in the North and Rockies, providing both capital and strategic resources.

What's next for Fulcrum?

With the recent influx of capital, Fulcrum is expected to prioritize the expansion of its engineering and product development teams to enhance its AI scheduling capabilities. The strategic focus will likely shift toward deepening its market penetration in the North American industrial sector, leveraging its existing investor network to forge partnerships with mid-market manufacturers. As the company matures, the emphasis will remain on scaling its infrastructure to support a growing user base while maintaining the agility required to adapt to evolving supply chain demands. Future growth will likely be characterized by increased investment in customer success and the integration of predictive analytics to further solidify its value proposition in the manufacturing technology ecosystem.

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Frequently Asked Questions Regarding Fulcrum Financial Insights

What are the most recent funding rounds that Fulcrum has completed, and what were the funding rounds?
Fulcrum has recently completed 3 funding rounds: Series A on Oct 17, 2022, Debt on Mar 30, 2021, Angel/Seed on Sep 24, 2020.
What is the total amount of funding Fulcrum has raised to date?
Fulcrum has raised a total of $22.3M in funding to date.
How many funding rounds has Fulcrum completed?
Fulcrum has completed 3 funding rounds.
How much funding did Fulcrum raise in its most recent funding round?
Fulcrum raised $18.8M in its most recent funding round.
Who are the lead investors in Fulcrum's latest funding round?
The lead investor in Fulcrum's latest funding round was Bread & Butter Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Fulcrum's history?
The largest funding round in Fulcrum's history was $18.8M.
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