# Fuel: portfolio, investments and team

> Fuel is an accelerator. 9 investments on record, latest May 2019. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/fuel (Millionrounds; every figure on the page links to its filing or article)

[Investor](https://millionrounds.com/investors)

# Fuel

Last cheque observed May 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet Accelerator

Seed Series A Series D

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 9 on record

Since the last cheque **2721** days **00** hrs **00** min **00** sec

Median round **$6.7M** Rounds led **0 of 9** Exits **1 from the portfolio** Mostly in **United States, 100%**

Pitch Fuel

## Fuel highlights

- 01 9 rounds on record
- 02 Mostly Seed and Series A: 83% of its rounds
- 03 1 exits from the portfolio

## What they do

- **Type:** Accelerator (from a list, unverified)
- **Cheque size:** Not stated
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **9 appearances**

- **2019** 3 rounds
- **May** **[Feather](https://millionrounds.com/company/feather)** US · TechCrunch **$12M** With 6 others
- **Apr** **[Good Dog](https://millionrounds.com/company/good-dog)** Seed · US · FinSMEs **$6.7M** With 6 others
- **Feb** **[Ctrl-Labs](https://millionrounds.com/company/ctrl-labs)** US · VentureBeat **$28M** With 5 others
- **2018** 3 rounds
- **Nov** **[Drivetime](https://millionrounds.com/company/drivetime)** Seed · US · FinSMEs **$4.0M** With 9 others
- **Aug** **[Bark](https://millionrounds.com/company/bark)** Series A · US · FinSMEs **$9.0M** With 4 others
- **May** **[Mesosphere](https://millionrounds.com/company/mesosphere)** Series D · US · FinSMEs **$125M** With 9 others
- **2017** 2 rounds
- **Oct** **[Radar](https://millionrounds.com/company/radar)** Seed · US · FinSMEs **$2.0M** With 1 other
- **Aug** **[IUNU](https://millionrounds.com/company/iunu)** US · FinSMEs **$6.0M** With 3 others
- **2016** 1 round
- **Jul** **[ScaleFT](https://millionrounds.com/company/scaleft)** Seed · US · FinSMEs **$2.0M** With 3 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## Exits from the portfolio

Companies it backed that were later bought or listed **1 in all**

**[CTRL-labs](https://millionrounds.com/company/ctrl-labs)** Bought by [Facebook](https://millionrounds.com/fund/facebook) **Undisclosed** Sept 2019

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Seed Series A Series D

Median round joined **$6.7M** the round, not its cheque

Led 0 of 9 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** May 2019
- **Exits:** 1 from the portfolio

Rounds by stage said on their site

- Seed *4*
- Series A *1*
- Series D *1*

Cheques by year Led Joined

2016 2019

Often in the room with

- [Felicis](https://millionrounds.com/fund/felicis-ventures) 2
- [SV Angel](https://millionrounds.com/fund/sv-angel) 2

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## Who they invest alongside

The investors most often in the same rounds as Fuel. A count of rooms they were both in, not a relationship either has claimed.

[**Felicis** VC firm **2** rounds together](https://millionrounds.com/fund/felicis-ventures)[**SV Angel** VC firm **2** rounds together](https://millionrounds.com/fund/sv-angel)

## Recently backed

The latest companies Fuel put money into.

[**Good Dog** $6.7M · Apr 2019](https://millionrounds.com/company/good-dog)[**Ctrl-Labs** $28M · Feb 2019](https://millionrounds.com/company/ctrl-labs)[**Drivetime** $4.0M · Nov 2018](https://millionrounds.com/company/drivetime)[**Bark** $9.0M · Aug 2018](https://millionrounds.com/company/bark)[**IUNU** $6.0M · Aug 2017](https://millionrounds.com/company/iunu)

## Quick answers about Fuel

### What does Fuel invest in?

Fuel invests most often at Seed and Series A (83% of the rounds on record).

### How active is Fuel?

9 investments on record, 0 of them in the last 12 months. The most recent was in May 2019.

### What has Fuel invested in recently?

Its most recent investments on record: Feather (Undisclosed round, May 2019), Good Dog (Seed, Apr 2019) and Ctrl-Labs (Undisclosed round, Feb 2019).

### How big are Fuel's cheques?

The median round it joins is $6.7M.

### Does Fuel lead rounds?

Rarely, if at all: none of its 9 investments on record names it as the lead.

### Where does Fuel invest?

Most of the companies it backs are in the United States (100%).

### Is Fuel investing now?

No investments in the last 12 months; the latest was in May 2019.

### Who does Fuel invest alongside?

Most often Felicis (2 rounds together) and SV Angel (2 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=fuel) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=fuel)
