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The Venture Codex

Fuel Capital

1115 Howard Ave, Burlingame, CA, 94010, United States

Overview

Early-stage venture fund supporting founders with resources and expertise.

Founded

2013

Deals ยท 12mo

0

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed
Series A

Geographic focus

United States

Sector focus

Finance
Financial Services
Venture Capital

Investment portfolio

74rounds
NAMEDATESIZE
Rosebud
Jun 2025Participated
$6 MSeed
Charm
Nov 2023Participated
$6 MOther Equity
Highlight
Aug 2023Participated
$8 MSeed
HUSSLUP
Dec 2022Led
$3 MSeed
Capitol AI
Nov 2022Participated
$10 MSeed
Checkmate
Sep 2022Led
$5 MSeed
Block Party
Sep 2022Participated
$5 MSeed
CreatorDAO
Aug 2022Participated
$20 MSeed
ConductorOne
Jun 2022Participated
$15 MSeries A
Marvin
Feb 2022Led
$4 MSeed
Lattice
Jan 2022Participated
$175 MSeries F
Tradeshift
Dec 2021Participated
$200 MOther Equity
Rosebud
Jun 2025Participated
$6 MSeed
Charm
Nov 2023Participated
$6 MOther Equity
Highlight
Aug 2023Participated
$8 MSeed
HUSSLUP
Dec 2022Led
$3 MSeed
Capitol AI
Nov 2022Participated
$10 MSeed
Checkmate
Sep 2022Led
$5 MSeed
Block Party
Sep 2022Participated
$5 MSeed
CreatorDAO
Aug 2022Participated
$20 MSeed
ConductorOne
Jun 2022Participated
$15 MSeries A
Marvin
Feb 2022Led
$4 MSeed
Lattice
Jan 2022Participated
$175 MSeries F
Tradeshift
Dec 2021Participated
$200 MOther Equity
74
Items
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Insights

Time horizon

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Deal Distribution

Fuel Capital: 74 funding rounds are recorded in the selected participation categories.All available history.
Fuel Capital: 74 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed727
Series A017
Series B05
Series C+04
Other Equity212

Monthly Deal Activity

Fuel Capital: 74 deals are recorded across 184 months.All available history.
Fuel Capital: 74 deals are recorded across 184 months. All available history
MonthDeals
Jul '111
Aug '110
Sep '110
Oct '110
Nov '110
Dec '110
Jan '120
Feb '120
Mar '120
Apr '120
May '120
Jun '120
Jul '120
Aug '120
Sep '120
Oct '120
Nov '120
Dec '120
Jan '130
Feb '130
Mar '130
Apr '130
May '130
Jun '130
Jul '130
Aug '130
Sep '130
Oct '132
Nov '130
Dec '131
Jan '140
Feb '141
Mar '141
Apr '141
May '141
Jun '143
Jul '141
Aug '141
Sep '141
Oct '143
Nov '140
Dec '141
Jan '152
Feb '150
Mar '150
Apr '152
May '150
Jun '151
Jul '150
Aug '150
Sep '150
Oct '151
Nov '150
Dec '150
Jan '160
Feb '160
Mar '161
Apr '160
May '162
Jun '160
Jul '161
Aug '160
Sep '160
Oct '161
Nov '162
Dec '160
Jan '171
Feb '171
Mar '170
Apr '170
May '171
Jun '170
Jul '172
Aug '171
Sep '171
Oct '172
Nov '170
Dec '170
Jan '180
Feb '180
Mar '180
Apr '180
May '181
Jun '180
Jul '181
Aug '181
Sep '180
Oct '180
Nov '181
Dec '180
Jan '190
Feb '190
Mar '190
Apr '191
May '191
Jun '190
Jul '190
Aug '192
Sep '192
Oct '191
Nov '190
Dec '190
Jan '200
Feb '202
Mar '200
Apr '200
May '201
Jun '200
Jul '202
Aug '200
Sep '200
Oct '201
Nov '201
Dec '200
Jan '210
Feb '210
Mar '212
Apr '211
May '210
Jun '210
Jul '210
Aug '210
Sep '211
Oct '210
Nov '210
Dec '211
Jan '221
Feb '221
Mar '220
Apr '220
May '220
Jun '221
Jul '220
Aug '221
Sep '222
Oct '220
Nov '221
Dec '221
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '231
Sep '230
Oct '230
Nov '231
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '251
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Fuel Capital: Enterprise Software is the largest displayed sector by deal count (43 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Fuel Capital: Enterprise Software is the largest displayed sector by deal count (43 deals). All available history
SectorDeals
Enterprise Software43
Networks, Cloud & Communication30
Data, Analytics & IT16
Marketing & Advertising13
AI & Machine Learning13
E-Commerce & Retail12
Media & Entertainment9
Developer Tools9
Hardware & Robotics8
Cybersecurity & Privacy7
Consumer & Lifestyle6
Fintech6
Transportation & Logistics5
Professional Services5
Social & Community Platforms5
Food & Agriculture4
Travel & Hospitality3
Real Estate & Construction3
Health & Life Sciences3
Gaming & eSports2
Government & Defense1
Clean Energy & Sustainability1
Space & Frontier Tech1
Crypto & Blockchain1
Manufacturing1

Deal Size Distribution

Fuel Capital: 74 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Fuel Capital: 74 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M33
$5M-$10M16
$10M-$25M16
$25M-$50M4
$50M-$100M2
$100M-$250M3
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Fuel Capital: United States has the largest recorded deal count among the displayed regions (70 deals).All available history.

Top 4 of 4 regions; European countries are grouped as Europe.

Fuel Capital: United States has the largest recorded deal count among the displayed regions (70 deals). All available history
RegionDeals
United States70
Australia2
941031
Europe1
Fuel Capital: 20 co-investors are shown, with SV Angel sharing 17 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Fuel Capital: 20 co-investors are shown, with SV Angel sharing 17 recorded deals. All available history
Co-investorShared deals
SV Angel17
Y Combinator11
Liquid 2 Ventures10
Data Collective8
Initialized Capital8
Khosla Ventures7
Kleiner Perkins7
Accel6
First Round6
AME Cloud Ventures5
Andreessen Horowitz5
Founders Fund5
Google Ventures5
Index Ventures5
Battery Ventures4
CrunchFund4
Fathom Capital4
Floodgate4
FundersClub4
Hack VC4

Investment Strategy

Fuel Capital: Led accounts for 12% and participating for 88% of round participation.All available history.
Fuel Capital: Led accounts for 12% and participating for 88% of round participation. All available history
CategoryDeals (count)Share (%)
Led912%
Participating6588%
Fuel Capital: Single-lead accounts for 56% and co-led for 44% of lead dynamics.All available history.
Fuel Capital: Single-lead accounts for 56% and co-led for 44% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead556%
Co-led444%

Team

Chris H.

Founder and Partner

Jamie Viggiano

CMO

Leah Solivan

General Partner