Diligence memo · auto-generated · as of July 2, 2026
eFuse, Inc.
eFuse, Inc. looks over-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
eFuse, Inc. operates in Mobility / Logistics, based in COLUMBUS. efuse is an AI-powered ad-tech company delivering access to gamers at scale.
Sub-sector tags: ai/ml, gaming, mobility.
Capital & rounds (filed)filed
eFuse, Inc. has raised $10M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $982M on 2022-07-12.
Most recent recorded round closed around 2022-07-12.
Valuation (modeled)modeled
Provath models eFuse, Inc. at approximately $75M (range $12M–$256M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.95× the median modeled value of Series A Mobility / Logistics companies in 2022–2024 (15 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 20 months.
Last raise 4.0 yr ago; this sector typically re-raises about every 10 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round stepped up 97.0× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 91% of Mobility / Logistics peers (431 compared).
Modeled value ranks above 93% of those peers.
Closest niche peers: Naqla, Forum Mobility, Inc., Hip Mobility, Inc., Nyc Ev Mobility Llc, Global Dot Logistics, Inc.
Peoplefiled
6 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.