About Fuell
Fuell is a company based in Madrid (Spain) founded in 2019 by Daniel Seijo and Eduardo Ortiz De Lanzagorta was acquired by Factorial in October 2023. Fuell has raised $3.35 million across 4 funding rounds from investors including Factorial HR, FJ Labs and Wayra. Fuell operates in a competitive market with competitors including Spendesk, Concur, Pleo, W.A.G. payment solutions and Way2Vat, among others.
- Headquarter Madrid, Spain
- Founders Daniel Seijo, Eduardo Ortiz De Lanzagorta
-
Sectors
TechnologyTravel & Hospitality Financial Services
-
Phone
Locked
-
Website
Locked
-
Social
Locked
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$3.35 M (USD)
in 4 rounds
-
Latest Funding Round
$1.53 M (USD), Seed
Jul 11, 2022
-
Investors
Factorial HR
& 7 more
-
Employee Count
Not available
-
Acquired by
Factorial
(Oct 03, 2023)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
People of Fuell
Unlock access to complete
Unlock access to complete
Funding Insights of Fuell
Fuell has successfully raised a total of $3.35M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1.53 million completed in July 2022. 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.
Investors in Fuell
Fuell has secured backing from 8 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Factorial HR, FJ Labs and Wayra.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital firm focused on fintech and B2B SaaS companies
|
Locked | Locked | Locked | |
|
Early-stage startups are accelerated via funding and educational programs.
|
Locked | Locked | Locked | |
|
Venture capital is invested in technology-based product and service companies.
|
Locked | Locked | Locked |
Investor details for Fuell
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Fuell
Investment portfolio details for Fuell
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Fuell
Detailed financials for Fuell
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Fuell Comparisons
Peer comparison for Fuell
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Fuell
Fuell operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Spendesk, Concur, Pleo, W.A.G. payment solutions and Way2Vat, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Provider of prepaid cards for financial benefits of employees
|
|
| Locked | Locked | Locked |
Corporate travel expenses and invoices are managed via SaaS platform.
|
|
| Locked | Locked | Locked |
SaaS expense management solutions for business travel are provided.
|
|
| Locked | Locked | Locked |
Prepaid fuel and toll payment cards are provided for fleets.
|
|
| Locked | Locked | Locked |
Travel expenses for businesses are managed via an online platform.
|
|
| Locked | Locked | Locked |
Cloud-based expense management is offered for corporate travelers.
|
Detailed competitors of Fuell
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Fuell
Complete news archive for Fuell
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Fuell
Fuell was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Fuell is headquartered in Madrid, Spain. It is registered at Madrid, Madrid, Spain.
Eduardo Ortiz De Lanzagorta is the current CEO of Fuell. They have also founded this company.
Fuell is a funded company, having raised a total of $3.35M across 4 funding rounds to date.
Fuell was founded in 2019 in Madrid, Spain, as a provider of expenses management and reimbursement solutions targeted at businesses. Operations focus on budget management, purchase oversight, and transaction handling. Additional features include signup incentives such as free subscriptions and discounts. The platform supports financial efficiency in the fintech sector across European markets.
Fuell has 8 investors. Key investors include Factorial HR, FJ Labs, Wayra, Fin Capital, and Y Combinator.