Fusemachines

What Fusemachines does

Fusemachines Inc. is a NASDAQ-listed (FUSE, since October 23, 2025 via SPAC business combination with CSLM Acquisition Corp.) enterprise AI products and solutions provider headquartered in New York with substantial engineering operations in Kathmandu, Nepal. The company builds and sells AI Studio, a four-layer enterprise AI platform (Business Layer of purpose-built UIs, AI Hub with LLM workflows and single- and multi-agent systems orchestrated via Google ADK, Data Hub data fabric, and Governance Layer with SSO/RBAC plus Prometheus/Grafana monitoring), deployable on SaaS, customer cloud, or on-prem, with ISO 27001 certification and single-tenant architecture. Layered on top of AI Studio are industry-specific modules and AI Engines: AI Studio for Real Estate (CRE Smart Inbox for email deal-flow prioritization, LenderIQ for loan-origination document validation), AI Studio for Retail (Interview Agent for AI-assisted technical recruiting on Zoom/Google Meet, Ecommerce Signals for NLP-driven customer feedback analytics, Fraud Detection for retail anomaly detection), and broader agentic AI capabilities spanning more than 30 enterprise applicant tracking systems. The company also offers AI Solutions across retail/consumer goods, healthcare, banking/insurance, technology, and media, alongside Elastic Squad (engineering services) and a Democratize AI education initiative.

Fusemachines sells through direct enterprise field sales with quote-based pricing (no public price list), a global reseller network launched October 2025 with named partners including Genese Solution (AWS Premier Tier), ModulAIre (IBM Platinum), and Global Teams AI, and technology integrations including RentRedi (real estate, 300K landlords with $33B AUM) and Talent Connects (recruiting, 300+ customers). Revenue streams comprise AI Studio and AI Engines subscription/platform sales, AI advisory and professional services, recurring reseller commissions on client subscriptions, and managed enterprise project engagements. Disclosed named customers include TIME, OTG, Tapestry, Simmons Research, NYC.gov, Vālenz Health, Dionysus Digital Health, a leading subscription-box pet-supply company, a US biotech in degenerative diseases, Dotscience (MLOps), an institutional investment platform, an EHR SaaS provider, a luxury resale platform, an American multinational luxury fashion holding company, and a global apparel brand operating more than 2,000 retail locations.

The most recent disclosed trailing-twelve-month revenue is approximately $7.6 million (down from $8.85M earlier in the period), with EBITDA of approximately -$7.58M, a FY2025 net loss of approximately $0.93M, and market capitalization of $33.3M (June 2026) versus $27.01M (April 2026). The FY2025 10-K disclosed material weaknesses in internal control over financial reporting that raise substantial doubt about going concern, and Nasdaq issued deficiency notices in January 2026 (MVPHS below $15M) and March 2026 (market value below $50M). Stock has declined approximately 90% over the prior year. Founder/CEO Sameer Maskey (Columbia PhD, former IBM Watson researcher, 15 US patents, 20+ peer-reviewed articles) leads the company, supported by an engineering base in Nepal that has been central to cost-efficient delivery since the 2013 founding.

Name

Fusemachines

Legal name

Fusemachines Inc.

Website

https://fusemachines.com

Company type

Public

Founded year

2013

Operating status

Ipo

Headcount range

251–500 employees

Short description

Fusemachines Inc. is a NASDAQ-listed (FUSE) enterprise AI products and solutions provider selling an AI Studio platform with industry-specific engines for retail, real estate, and talent acquisition to enterprise customers including TIME, Tapestry, Vālenz Health, and a global apparel brand.

Ownership category

akta.pro rank

Product category

Enterprise AI Platform

NAICS

Software Publishers (51321), Custom Computer Programming Services (541511), Software Publishers (5132)

SIC

Services-Computer Programming Services (7371), Search, Detection, Navagation, Guidance, Aeronautical Sys (3812)

akta.pro industry

PRIMARYHDAEANAA

End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management)

Hardware, Technology & Telecom/Enterprise Platforms & Databases/Artificial Intelligence Platforms for Enterprise

SECONDARYHDAEANAI

AI Integration & Orchestration Platforms (Connectors, Workflow, iPaaS for AI)

Hardware, Technology & Telecom/Enterprise Platforms & Databases/Artificial Intelligence Platforms for Enterprise

SECONDARYHDAAACAF

Agents & Autonomous Workflows (Tool Use, Planning, Multi-Agent)

Hardware, Technology & Telecom/Artificial Intelligence & Machine Learning/Foundation Models & Generative AI (LLMs, multimodal)

SECONDARYHDAEANAF

AI Observability, Monitoring & Evaluation Platforms (Drift, Quality, Safety)

Hardware, Technology & Telecom/Enterprise Platforms & Databases/Artificial Intelligence Platforms for Enterprise

SECONDARYBPAEAHAF

AI/ML Engineering & Model Development Services

Business & Public Services/IT & Digital Services (Managed Services, Systems Integration)/Data, Analytics & AI Services

SECONDARYHDAEANAG

Responsible AI, Security & Privacy Platforms (Safety, Guardrails, PII)

Hardware, Technology & Telecom/Enterprise Platforms & Databases/Artificial Intelligence Platforms for Enterprise

Keywords

• Enterprise AI platform
• AI engines
• Vertical AI solutions
• Agentic AI
• AI transformation services

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Others

Revenue model

1. AI Studio & AI Engines Subscription/Platform Sales: Enterprise AI Studio platform with purpose-built AI Engines (CRE Smart Inbox, LenderIQ, Interview Agent, Ecommerce Signals, Fraud Detection) sold to enterprises. AI Studio is described as the primary revenue product, with adoption shifting from one-off projects to repeatable, productized software sales.
2. AI Advisory & Professional Services: AI advisory services supporting enterprises in operationalizing AI investments, including ROI framework design, strategic advisory, and implementation support as referenced in 'Enterprise AI ROI in 2026' content.
3. Reseller/Channel Partner Commissions: Global Reseller Program providing recurring commissions on client subscriptions with guaranteed monthly payouts to authorized resellers (Genese Solution, Global Teams AI, ModulAIre, etc.).
4. Managed/Enterprise Project Engagements: Strategic enterprise transformation engagements (e.g., with a global apparel brand operating 2,000+ retail locations) combining machine learning, forecasting, and intelligent AI systems; reported trailing twelve-month revenue of $7.6 million.

Pricing tiers

Go-to-market motion5 records

Distribution channels9 records

Marketing channels12 records

Core offering

Fusemachines sells AI Studio, an enterprise AI platform with a four-layer architecture (Business Layer, AI Hub powered by Google ADK for LLM and multi-agent workflows, Data Hub, and Governance Layer) that hosts modular industry-specific AI engines. The company sells AI Studio for Real Estate (CRE Smart Inbox, LenderIQ) and AI Studio for Retail (Interview Agent, Ecommerce Signals, Fraud Detection), plus Elastic Squad delivery services, to enterprise customers in retail, real estate, healthcare, recruiting, and other verticals via direct sales and a global reseller network.

Product overview

Fusemachines offers a unified enterprise AI platform architecture centered on AI Studio — an all-in-one platform with a four-layer design (Business Layer, AI Hub, Data Hub, Governance Layer) that powers modular industry-specific solutions and engines. AI Studio for Real Estate hosts engines like CRE Smart Inbox (deal-flow email automation for commercial lenders) and LenderIQ (AI-assisted loan origination), while AI Studio for Retail hosts the Interview Agent (AI recruiting copilot for technical interviews, integrated with Zoom/Google Meet), Ecommerce Signals (NLP-driven customer feedback analytics), and Fraud Detection (real-time retail anomaly detection). Distribution is enabled through a Global Reseller Network and integrations with ATS systems, Outlook/Gmail, Google Drive, Dropbox, Salesforce, and HubSpot. The portfolio is rounded out by industry-tailored AI Solutions across Retail & Consumer Goods, Healthcare, Technology, Banking & Insurance, and Media & Entertainment, plus the Elastic Squad services platform and the "Democratize AI" initiative for AI Education and AI for Good.

Differentiator

Problem solved

Functional benefit

Brands

• AI Studio: Fusemachines' enterprise-grade AI platform powering all AI Engines across the company.
• AI Studio for Real Estate
• AI Studio for Retail
• Interview Agent
• Elastic Squad

Products and services

• AI Studio All-in-one enterprise AI platform that empowers organizations to build tailored, use-case-specific AI Engines and seamlessly integrate tools with their existing systems. Sold to enterprise customers in retail, real estate, healthcare, and recruiting.
• AI Studio for Real Estate Industry-specific application of AI Studio for institutional real estate finance. Hosts CRE Smart Inbox and LenderIQ engines and integrates with Outlook, Gmail, Salesforce, HubSpot, Google Drive, and Dropbox.
• CRE Smart Inbox Intelligent inbox assistant for commercial lenders integrating with Outlook or Gmail via OAuth 2.0 to automatically prioritize and qualify deal submissions in real time, color-coding opportunities (Qualified/Review/Pass). Targets CRE lenders receiving 100-600+ deal submissions monthly.
• LenderIQ Loan origination AI engine for commercial real estate that automates initial document review, validates completeness, generates deal summaries, performs cross-document validation, and drafts broker follow-up emails. Integrates with Google Drive, Dropbox, and CRM systems.
• AI Studio for Retail Industry-specific AI Studio offering for retail, addressing pricing, forecasting, governance, fraud prevention, and recruiting through modular AI engines. Hosts Interview Agent, Ecommerce Signals, and Fraud Detection engines; deploys in weeks without rip-and-replace.
• Interview Agent AI recruiting copilot that brings a Hiring Manager's technical preferences into shortlisting and live technical screening calls on Zoom and Google Meet. Trained on 10K+ technical interviews; ISO 27001 certified with single-tenant architecture.
• Ecommerce Signals AI engine that unifies customer feedback from reviews, ratings, incidents, and returns. Uses NLP for attribute processing and root cause classification (product vs packaging vs shipping vs buyer remorse) and generates AI-powered product improvement recommendations.
• Fraud Detection Retail fraud detection engine providing real-time anomaly detection and threat scoring across purchases, refunds, discounts, and vouchers. Uses custom-trained models for retail-specific scenarios with explainable AI for transaction-level decisions.
• Elastic Squad Productized AI engineering services platform that combines AI Studio with on-demand engineering talent (Elastic Squad) to help enterprises build and deploy AI solutions faster.

Quantifiable outcome

• 50% enhancement in evaluation metrics (MAE, MAPE) for demand forecasting and ~25% average reduction in stockout probability
• +5 more outcomes

Named customers19 records

Segments7 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

AI capability18 records

Feature8 records

Partnerships

Nine partnerships are on record, tiered flagship.

• Global Apparel Brand (2,000+ retail locations)flagshipStrategic or Co-development Partner · 23 June 2026Strategic partnership to transform the apparel brand's demand planning using predictive and agentic AI capabilities. Combines advanced machine learning, risk-aware forecasting, and intelligent AI systems for inventory decisions across the global product portfolio. Fusemachines partners with the client's Data Science team.
• Global Teams AIflagshipChannel Partner/ Reseller/ Distributor · 31 March 2026Reseller agreement to expand distribution of Fusemachines' AI Agents globally, beginning with the Interview AI Agent. Aims to bring AI-driven automation to enterprise clients worldwide, with plans to expand additional AI solutions over time.
• Talent ConnectsflagshipTechnology or Integration · 18 March 2026Partnership to integrate Fusemachines' Interview Agent into Talent Connects' recruiting and talent management platform serving over 300 businesses worldwide. AI tool provides real-time question suggestions, response evaluation, candidate scoring, and interview performance assessments.
• Amazon Web Services (AWS)flagshipStrategic or Co-development Partner · 16 March 2026Achieved AWS AI Services Competency Partner Status, recognizing expertise in building and deploying AI solutions on AWS. Allows access to AWS funding programs, supports AI deployment, and expands enterprise AI offerings. Validates Fusemachines' cloud-native AI capabilities.
• ModulAIreflagshipChannel Partner/ Reseller/ Distributor · 2 February 2026Strategic partnership with ModulAIre (an IBM Platinum Partner) to deliver enterprise AI solutions powered by Fusemachines AI Studio to IBM-based environments. ModulAIre integrates AI Studio into its AI and data portfolio, targeting operational efficiency, intelligent automation, and decision intelligence use cases. Stock surged 67.09% to $2.64 on announcement.
• IBM (via ModulAIre)flagshipStrategic or Co-development Partner · 2 February 2026Indirect strategic partnership with IBM via ModulAIre; enables enterprises to design, build, deploy, and manage AI solutions within IBM-based environments.
• RentRediflagshipStrategic or Co-development Partner · 1 December 2025Strategic partnership to integrate Fusemachines AI Studio for Real Estate into RentRedi's property management software platform. RentRedi serves nearly 300,000 landlords and tenants with over $33 billion AUM. Leverages AI Studio's modular capabilities including multi-agent orchestration, document intelligence, and forecasting models.
• Genese SolutionflagshipChannel Partner/ Reseller/ Distributor · 10 November 2025Authorized Reseller partnership; Genese Solution is an AWS Premier Tier Services Partner. Will sell, distribute, and license Fusemachines AI Studio and AI Engines to new markets worldwide, supporting enterprise digital transformation and AI adoption across industries.
• Global Reseller Network (Authorized Reseller Program)flagshipChannel Partner/ Reseller/ Distributor · 30 October 2025Launched a global reseller network to expand the reach of AI Studio and AI Engines platforms, enabling enterprises across various sectors to deploy AI solutions quickly. Authorized organizations can sell, distribute, and license Fusemachines products to new markets worldwide.

Scale indicators17 records

Recent moves5 records

Expansion highlights6 records

Broad incumbents

• C3.ai: Public enterprise AI applications company offering a platform and pre-built AI applications across industries; comparable to Fusemachines' AI Studio plus vertical AI Engines go-to-market and serves similar large-enterprise buyers.
• Databricks: Unified data and AI platform (lakehouse, Mosaic AI, Agent Bricks) for enterprise AI/ML workloads; comparable to the data-and-AI-engine foundation layer of Fusemachines AI Studio, serving similar enterprise customers.
• UiPath: Public enterprise automation and agentic AI platform; overlaps with Fusemachines' process automation, agent orchestration, and enterprise RPA-adjacent positioning, though at much larger scale.
• Palantir Technologies: Large public enterprise AI/data platform (Foundry, AIP) serving enterprises and government with vertical AI applications; overlaps with Fusemachines' AI Studio enterprise-AI positioning and government contracts (e.g., NYC).

Direct peers

• H2O.ai: Enterprise AI/ML platform offering model building, agentic AI, and industry-specific AI applications; directly comparable to Fusemachines AI Studio's model orchestration and vertical AI engines.
• DataRobot: Enterprise AI platform for building, deploying, and governing predictive and generative AI applications; closely comparable to Fusemachines AI Studio in layering ML models, governance, and vertical deployment.
• Aisera: Enterprise AI agent platform with domain-specific AI agents and workflow automation across IT, HR, customer service; overlaps with Fusemachines' agentic AI for talent acquisition and vertical AI engines.
• Moveworks: Enterprise agentic AI platform for HR, IT, and employee support, with deep ATS/HRIS integration; closely comparable to Fusemachines' agentic AI for talent acquisition and ATS-native deployment.

Emerging players

• Tractable: Applied AI company for visual assessment and enterprise workflows (insurance, property); comparable to Fusemachines' industry-specific AI engines in real estate (LenderIQ, CRE Smart Inbox) and computer vision work.
• Sierra (Sierra AI): Enterprise agentic AI company building purpose-built AI agents for customer experience and operations; overlaps with Fusemachines' agentic AI vision and multi-agent orchestration via Google ADK.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/fusemachines
• Xx.com/fusemachines
• Facebookfacebook.com/fusemachines

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds6 records

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fusemachines