Organization · Venture Capital
Fuel Capital
Fuel Capital is an early-stage venture capital firm based in San Francisco, California, focusing on technology companies across various sectors. The firm provides capital, mentorship, and strategic guidance to U.S.-based startups.
Overview
What Fuel Capital does
What Fuel Capital is
Fuel Capital is an early-stage venture capital firm based in San Francisco, California, focusing on technology companies across various sectors. The firm provides capital, mentorship, and strategic guidance to U.S.-based startups.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Venture Capital
- Founded
- Founded in 2015
- Approximate age
- About 11 years
- Structured capabilities
- Funder
- Last reviewed
- May 1, 2026
Official channels
Find Fuel Capital elsewhere
Open the official website or a supported primary organization account.
Capability profile
Fuel Capital as a funder
Investment thesis
Fuel Capital backs early-stage founders building in consumer, marketplaces, software, and infrastructure, emphasizing access, resources, and connections to help them succeed.
Focus narrative
Fuel Capital invests in early-stage technology companies across various sectors, including software, consumer products, and services. The firm is particularly interested in companies that are innovating in consumer technology, marketplaces, business software, and cloud infrastructure.
Value beyond capital
Fuel Capital provides value to its portfolio companies by offering access to a network of resources, connections, and operational experience. The firm is committed to helping outstanding teams reach their full potential, allowing founders to focus on building their businesses.
Terms and economics
- Typical check
- $750,000–$1,000,000
- Sweet spot
- $1,000,000
Focus and fit
- Stages
- Seed · Friends and Family · Angel · Accelerator · Pre-seed · Series A · Series B
- Sectors
- SaaS & Cloud SoftwareConsumerCommerce & RetailFintechHealthcareEducationBiotech & Life SciencesEnergyClimate & SustainabilityArtificial Intelligence
- Regions
- United States
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded portfolio count
- 3
- Recorded notable exits
- CoreOS, CTRL-Labs, Nervana, and Tenor
Portfolio context
Notable portfolio companies include: Gusto: A cloud-based payroll and HR platform for small businesses. Figma: A web-based app that allows users to collaborate on design projects in real-time. Airtable: A cloud collaboration service that combines the features of a database with a spreadsheet interface. Flexport: A logistics and freight platform. ThredUp: A resale marketplace. Lattice: A people management software company.
Common questions
What to know about Fuel Capital
Upseed classifies Fuel Capital under the Venture Capital organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
May 1, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.