Fulcrum

Fulcrum

Cloud manufacturing software for efficiency

About Fulcrum

Simplify's Rating
Why Fulcrum is rated
B
Rated C on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Industrial & Manufacturing

Enterprise Software

Company Size

51-200

Company Stage

Series A

Total Funding

$38.8M

Headquarters

Minneapolis, Minnesota

Founded

2015

Overview

Fulcrum provides cloud manufacturing software that helps small to medium-sized manufacturing businesses improve their operations. The software includes tools for job tracking, production scheduling, inventory management, and quality control, allowing users to manage their manufacturing processes more efficiently. Users can create and manage their Bill of Materials (BOM) and routing through a simple drag-and-drop interface, track jobs in real-time, automate scheduling, and monitor inventory levels with live updates. Fulcrum differentiates itself from competitors by offering a dedicated launch and success team that supports clients throughout their use of the software, ensuring they can fully utilize its features without needing third-party help. The goal of Fulcrum is to empower manufacturers to make informed decisions quickly by providing them with real-time data and insights.

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased IoT adoption boosts demand for Fulcrum's connectivity-focused platform.
  • Industry 4.0 trends create a growing market for Fulcrum's digital transformation solutions.
  • Reshoring manufacturing to the US increases demand for Fulcrum's efficient solutions.

What critics are saying

  • Integration challenges with Census may disrupt Fulcrum's operations.
  • Census acquisition might shift focus away from core manufacturing clients.
  • Pressure to scale rapidly post-funding could lead to quality control issues.

What makes Fulcrum unique

  • Fulcrum offers a comprehensive suite of tools for modern manufacturing processes.
  • The platform supports decentralized manufacturing through connectivity and automation.
  • Fulcrum provides a dedicated launch and success team for seamless client onboarding.

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Funding

Total Funding

$38.8M

Above

Industry Average

Funded Over

2 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$18M
Fulcrum
$100M
GitHub

Benefits

Relocation Assistance

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

2%

2 year growth

3%
Finsmes
Jul 17th, 2024
Census Acquires AI Platform Fulcrum

Census, a San Francisco-based data activation and reverse ETL platform provider, has acquired Fulcrum, an AI-led growth platform for business teams. The deal's amount was not disclosed. This acquisition will enhance Census's AI-led customer segmentation, personalization, and data modeling capabilities. Census serves enterprises like HubSpot, Activision, and Canva, helping them with data-driven operations and reducing customer acquisition costs.

Think Together
May 30th, 2024
Inclusivity: The Key to Pride Month

Think Together also works with curriculum partners like Fulcrum to supply students with social emotional learning (SEL) activities that support the importance of self-expression, trust, collaboration, encouragement and much more.

Tech Funding News
Aug 23rd, 2023
US-based Fulcrum snaps $18M to connect manufacturers digitally — TFN

Fulcrum, based out of the US, is a cloud software for manufacturers, has closed an $18 million Series A2 funding round.

Fulcrum
Aug 9th, 2023
Fulcrum raises $18M to fuel the future of manufacturing

Fulcrum raises $18M to fuel the future of manufacturing.

Fulcrum
Dec 8th, 2021
Fulcrum partners with MachineMetrics Inc.

On December 8, Fulcrum is joining with MachineMetrics and UpKeep for a panel discussion on a topic near and dear to its hearts: the future of manufacturing.

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