United States · Series B startup

Who invested in Fuel50

3 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI

Funding summaryUpdated 26 Oct 2026

$32Mraised across 3 rounds since 2017, from 3 sources

$2.5MSeries A$14MSeries B$16MSeries B
Latest round
Series B, $16MApr 2021
Investors
6
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2018201920202021
$2.5MSeries A$14MSeries B$16MSeries B
First round
Series A, $2.5M
Oct 2017
Biggest round
$16M
Series B · Apr 2021
Usual gap between rounds
22 months
the median of 2

The rounds

  1. Apr 2021
    Series B$16M3 new2 returning

    Source recordedSEC filing: $10M sold, first sale Mar 2021

  2. Aug 2019
    Series B$14M1 new

    Reported by FinSMEsSEC filing: $8.7M sold, first sale Jul 2019

  3. Oct 2017

Founders and team

From Fuel50's own website and the SEC filings it signed: 4 on the team.

  • Tim SackettHR Tech Analyst
  • Anne FultonExecutive Officer, Directori
  • Joanne MillsExecutive Officer, Directori
  • Ron ShahExecutive Officeri

On the board, as filediAndrew FilipowskiBrian PlatzJames AndelmanKerry McIntoshPhilip Dur

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Bonfire VenturesVC firm2rounds
PeakSpan CapitalVC firm2rounds
Icehouse VenturesVC firm1round
Enterprise AngelsAngel network1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 2 firms list Fuel50 as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

Ice AngelsAngel networkPer its own site
Flying Kiwi AngelsAngel networkPer its own site

Quick answers about Fuel50

Who invested in Fuel50?

Fuel50's investors include Bonfire Ventures, PeakSpan Capital, Icehouse Ventures, New Zealand Growth Capital Partners and Rincon Venture Partners, and 1 more on record.

How much has Fuel50 raised?

Fuel50 has raised $32M across 3 rounds since 2017.

When did Fuel50 last raise?

Fuel50's most recent round was a Series B of $16M in Apr 2021.

What was Fuel50's biggest round?

Its most recent round, $16M in Apr 2021, is also its largest on record.

Who backed Fuel50 first?

Fuel50's first round on record, in Oct 2017, was backed by Bonfire Ventures and Rincon Venture Partners.

What stage is Fuel50 at?

Fuel50's latest named round is a Series B, in Apr 2021.

Where is Fuel50 based?

Fuel50 is based in the United States.

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