APFusion: Funding, Investors & Team (Sep 2026)
APFusion is a business-to-business automotive platform designed to assist salvage yards in boosting their inventory and boosting sales. The platform allows vendors to upload their inventory, which is then accessible through the APFusion connector in yard management systems. Founded in Champaign, Illinois in 2018 by Alex Smith, APFusion plays a crucial role in streamlining the operations of salvage yards.
APFusion has raised $12.5M across 2 funding rounds on record, the most recent a Series A of $6.0M announced in Jul 2025.
That round is above the $3.4M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.
APFusion Company Profile and Key Stats
Latest funding round on record: Jul 2025.
APFusion Funding Rounds
APFusion raised $6.5M in a Seed announced in Jul 2022.
3 years later, a Series A of $6.0M was announced in Jul 2025.
APFusion Founders and Leadership Team
Contact details for the APFusion team: 1 of 1 has an email address on file.
Start 14-day free trial →APFusion Funding Compared to Other Commerce and Shopping Startups
APFusion's latest round of $6.0M is above the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like APFusion in Commerce and Shopping and Champaign
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APFusion Funding FAQs
What does APFusion do?
APFusion is a business-to-business automotive platform designed to assist salvage yards in boosting their inventory and boosting sales. The platform allows vendors to upload their inventory, which is then accessible through the APFusion connector in yard management systems. Founded in Champaign, Illinois in 2018 by Alex Smith, APFusion plays a crucial role in streamlining the operations of salvage yards.
How much funding has APFusion raised?
APFusion has raised $12.5M across 2 rounds on record. The most recent is a Series A of $6.0M announced in Jul 2025.
When did APFusion last raise funding?
APFusion's most recent funding round on record is a Series A of $6.0M, announced in Jul 2025.
Who founded APFusion?
FundedIQ lists Alex Smith (Founder) at APFusion.
Where is APFusion headquartered?
APFusion is based in Champaign, Illinois, United States.
How many employees does APFusion have?
APFusion is in the 11-50 employee band.
How does APFusion's funding compare to other Commerce and Shopping startups?
APFusion's latest round of $6.0M is above the $3.4M median round size for Commerce and Shopping companies on FundedIQ across 3,501 tracked companies over the last two years.
About FundedIQ's APFusion Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for APFusion is left off this page rather than filled in.
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