Fuel Venture Capital logo

Fuel Venture Capital

North America, Florida, United States, Miami

Description

Fuel Venture Capital is a Miami-based venture capital firm that strategically invests in early- to later-stage technology companies poised for significant disruption and growth. The firm's investment philosophy centers on identifying and backing innovative businesses across various sectors, including fintech, artificial intelligence, SaaS, and consumer technology. They are known for their hands-on approach, providing not only capital but also strategic guidance and operational support to their portfolio companies, aiming to accelerate their development and market penetration.

The firm successfully closed its second fund, Fuel Venture Capital Fund II, LP, in 2021, raising an impressive $300 million. This oversubscribed fund underscores investor confidence in Fuel Venture Capital's ability to identify and nurture high-potential ventures. Their portfolio reflects a diverse range of companies, from emerging startups to established growth-stage enterprises, all characterized by their technological innovation and scalable business models. Notable investments include leading companies like Bolt, a one-click checkout solution, and Triller, a popular social media platform.

Fuel Venture Capital typically deploys initial investments ranging from $1 million to $50 million, demonstrating flexibility across different funding stages and company needs. This broad check size allows them to engage with companies from their foundational rounds through significant growth equity stages. With a portfolio exceeding 40 investments, the firm has established itself as a key player in the venture capital landscape, particularly within the burgeoning tech ecosystem of South Florida, contributing to the growth of disruptive technologies globally.

Investor Profile

Fuel Venture Capital has backed more than 46 startups, with 3 new investments in the last 12 months alone. The firm has led 14 rounds, about 30% of its total and boasts 5 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Seed, Convertible Note rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Brazil.
  • Strong thematic focus on FinTech, Financial Services, Software.
  • Led 2 rounds in the past year.
  • Typical check size: $1M – $50M.

Stage Focus

  • Series A (37%)
  • Seed (15%)
  • Convertible Note (15%)
  • Series Unknown (11%)
  • Series C (9%)
  • Series D (4%)
  • Series B (4%)
  • Post Ipo Equity (2%)
  • Pre Seed (2%)

Country Focus

  • United States (70%)
  • United Kingdom (11%)
  • Brazil (4%)
  • Sweden (4%)
  • Colombia (4%)
  • Finland (2%)
  • Spain (2%)
  • Denmark (2%)

Industry Focus

  • Fintech
  • Financial Services
  • Software
  • Information Technology
  • Gamification
  • Artificial Intelligence (Ai)
  • Music
  • Apps
  • Media And Entertainment
  • Social
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Fuel Venture Capital frequently co-invest with?

Vulcan Capital
North America, Washington, United States, Seattle
Co-Investments: 3
IDC Ventures
Europe, Hovedstaden, Denmark, Copenhagen
Co-Investments: 11
Florida Funders
North America, Florida, United States, Tampa
Co-Investments: 2
Anti Fund
North America, Florida, United States, Miami
Co-Investments: 2
M13
North America, California, United States, Santa Monica
Co-Investments: 2
LUN Partners Group
Asia, Shanghai, China, Shanghai
Co-Investments: 3
TH
North America, Florida, United States, West Palm Beach
Co-Investments: 2
LionTree
North America, New York, United States, New York
Co-Investments: 2
FinSight Ventures
North America, California, United States, Palo Alto
Co-Investments: 2
Aliya Capital Partners
North America, Florida, United States, Miami
Co-Investments: 3

Which angels does Fuel Venture Capital often collaborate with?

Shared Deals: 1
MW
North America, California, United States, San Francisco
Shared Deals: 1
GB
Europe, England, United Kingdom, London
Shared Deals: 1
EE
North America, Illinois, United States, Alton
Shared Deals: 1
CE
Europe, Berlin, Germany, Berlin
Shared Deals: 1
Dez Bryant
North America, Texas, United States, Dallas
Shared Deals: 1
Shared Deals: 1
BB
North America, Florida, United States, Miami
Shared Deals: 1
Deirdre Bigley
North America, New Jersey, United States, Montclair
Shared Deals: 1
David Grutman
North America, Florida, United States
Shared Deals: 1

What are some of recent deals done by Fuel Venture Capital?

Curve

London, England, United Kingdom

Curve Pay actively works to save you money and enhance every payment you make through its cutting-edge wallet technology.

AppsBankingFinancial ServicesFinTechPayments
Series DMar 14, 2025
Amount Raised: $47,889,125
Aracor AI

Miami, Florida, United States

Aracor is an AI platform for fast, accurate contract review and due diligence.

Information TechnologyInternet
Pre SeedFeb 13, 2025
Amount Raised: $4,500,000
Leap Financial

Miami, Florida, United States

Leap Financial offers a cloud-based modular platform covering a biometric wallet for the instant issuing of payments.

Financial ServicesFinTechPayments
SeedDec 17, 2024
Amount Raised: $3,500,000
Betr

Miami, Florida, United States

Betr is a direct-to-consumer micro-betting app that allows its users to sports betting.

GamblingGamificationSports
Series UnknownMar 6, 2024
Amount Raised: $15,000,000
Tradeshift

San Francisco, California, United States

Tradeshift is a cloud-based business network connecting buyers and suppliers.

B2BEnterprise SoftwareFinancial ServicesFinTechProcurementSaaSSoftwareTransaction Processing
Series UnknownJul 31, 2023
Amount Raised: $70,000,000
Betr

Miami, Florida, United States

Betr is a direct-to-consumer micro-betting app that allows its users to sports betting.

GamblingGamificationSports
Series AJun 27, 2023
Amount Raised: $35,000,000
Soundtrack Your Brand

Stockholm, Stockholms Lan, Sweden

Soundtrack Your Brand is a background music streaming service with curated background soundtracks for business use.

MusicMusic StreamingRetail Technology
Series UnknownJun 14, 2023
Amount Raised: $15,000,000
Unitea

Miami, Florida, United States

For Music People. We are a community rewarding you for loyalty to music you love.

Big DataEvent ManagementGamificationMedia and EntertainmentMobileMusicMusic VenuesSocialSocial Media
SeedMay 16, 2023
Amount Raised: $7,000,000
Betr

Miami, Florida, United States

Betr is a direct-to-consumer micro-betting app that allows its users to sports betting.

GamblingGamificationSports
Series AAug 8, 2022
Amount Raised: $20,000,000
NovoPayment

Miami, Florida, United States

NovoPayment develops an API-based platform designed to deliver digital financial services.

BankingFinancial ServicesFinTechPayments
Series AApr 19, 2022
Amount Raised: $169,657