About Fuel Capital Group
Fuel Capital Group is a Financial Services company based in Naples (United States) founded in 2017 by Peter Wasmer. Bike leasing services are provided across the United States. Fuel Capital Group has raised $5.5 million across 2 funding rounds. Its chief executive, as recorded, is Rick Collins. Fuel Capital Group offers products and services including Auto Loans, Payment Services, and Dealer Resources. Its focus areas include Asset Finance, Vehicles and Motor Vehicles. Its legal entity is Strike Acceptance, Inc. Its competitors include ARI Fleet, Advantage Funding and Dedicated Funding NY.
Company details
Fuel Capital Group was established in 2017 in Naples, United States, as a provider of bike leasing services within the transportation sector. Operations are centered on offering leasing options for bicycles to businesses and individuals. The company is led by Founder Peter Wasmer and CEO President Rick Collins. Services are managed from its base in Naples, with a focus on accessible mobility solutions in the domestic market.
- Headquarters Naples, United States
- Founders Peter Wasmer
- SectorsFinancial Services
- Phone•••• ••••
- Website fuelcapitalgroup.com
- Social LinkedIn X Facebook
- Legal Name Strike Acceptance, Inc.
- Total Equity Funding$5.5M (USD)
in 2 rounds
- Latest Funding Round$5M (USD), Series A
Aug 2020
Products & Services of Fuel Capital Group
Fuel Capital Group offers a comprehensive portfolio of products and services, including Auto Loans, Payment Services, and Dealer Resources.
Offers financing for vehicle purchases and repayments.
Facilitates online payments for loans and accounts.
Provides tools for auto dealers to manage financing.
Funding Insights of Fuel Capital Group
Fuel Capital Group has successfully raised a total of $5.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in August 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $5.5M
- Total Rounds 2
- Last Round Series A — $5M
- First Round $500,000
(Feb 2019)
All 2 funding rounds of Fuel Capital Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2020 | $5M | Series A | – | – | – |
| Feb 2019 | $500,000 | Seed | – | – | – |
People of Fuel Capital Group
11 people are tracked at Fuel Capital Group (9 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Peter Wasmer | Founder | Leadership |
Rick Collins | CEO & President | Leadership |
Brian Hopper | Chief Credit & Risk Officer | Leadership |
Sean Stiglitz | VP of Engineering | Leadership |
Doug Taylor | COO & Chief Revenue Officer | Leadership |
Alicia Haak | VP of Product Management | Leadership |
Steve Singh | President | Leadership |
Sergio Moncada | VP, Servicing & Operations | Leadership |
Neil Williams | VP Admin & Compliance | Leadership |
Steve Pietrowicz | SVP of Sales | Team |
David Smith | General Counsel | Team |
Complete people profiles for Fuel Capital Group
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Timeline of Fuel Capital Group
3 dated milestones of Fuel Capital Group across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Fuel Capital Group is founded.
- Funding First funding round of $500K.
- Funding Latest funding round, Series A, of $5.0M.
Competitors of Fuel Capital Group
Fuel Capital Group has 3 listed competitors in our database. They include ARI Fleet, Advantage Funding and Dedicated Funding NY.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| arifleet.com | 1948 | Mount Laurel Township, United States | Offers fleet management, vehicle upfitting, and insurance solutions for businesses. | |||
| advantagefund.com | 1997 | New York, United States | Financing is provided for new and used commercial transportation vehicles. | |||
| dedicatedfundingny.com | 2019 | Salt Lake, United States | Specializes in vehicle financing services. |
Detailed competitors of Fuel Capital Group
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- Full competitor set
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Top companies in Asset Finance
3 companies that operate in the same segment as Fuel Capital Group (Asset Finance) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Aircraft leasing services are provided to airlines worldwide. | 2010 | Los Angeles, California, United States | USD 1.39 B | USD 2.57 B | 165 | |
Railcar leasing services are provided to rail industry clients worldwide. | 1898 | Chicago, Illinois, United States | USD 1.74 B | 2,150 | ||
Loan transitions are facilitated between lending partners and institutional investors. | 2016 | New York, New York, United States | USD 146.3 M | USD 1.26 B | 553 |
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Frequently Asked Questions about Fuel Capital Group
Fuel Capital Group was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Fuel Capital Group is headquartered in Naples, United States. It is registered at Naples, Florida, United States.
Rick Collins is the CEO of Fuel Capital Group, as recorded in our data.
Fuel Capital Group is a funded company, having raised a total of $5.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Feb 2019.
Fuel Capital Group was established in 2017 in Naples, United States, as a provider of bike leasing services within the transportation sector. Operations are centered on offering leasing options for bicycles to businesses and individuals. The company is led by Founder Peter Wasmer and CEO President Rick Collins. Services are managed from its base in Naples, with a focus on accessible mobility solutions in the domestic market.
Fuel Capital Group's top competitors include Advantage Funding, ARI Fleet and Dedicated Funding NY.
Fuel Capital Group offers Auto Loans, Payment Services, and Dealer Resources.
Fuel Capital Group operates through Strike Acceptance, Inc..