Fuel Ventures

Fuel Ventures is a venture capital firm based in London, established in 2014 by entrepreneur Mark Pearson. The firm specializes in investing in early-stage technology and digital companies, particularly in the sectors of marketplaces, fintech, platforms, and software as a service (SaaS). Fuel Ventures seeks to identify high-potential startups with scalable business models, focusing on those that can achieve substantial growth both domestically and internationally. The firm has invested in over 65 businesses, emphasizing a hands-on approach to nurture extraordinary entrepreneurs and innovative technologies. By fostering an environment of collaboration and support, Fuel Ventures aims to transform visionary ideas into successful enterprises, leveraging deep sector knowledge and an influential network to drive growth and innovation.

Kesli Agolli

Associate

Nikita Baranov

Associate

Alex Breeden

Senior Associate

Sophie Derham

Investment Associate

Monik Durmus

Principal

Gianluca Forino

Associate

Joanna Graiver

Associate

Tom Healy

Senior Associate

Bhavya Jain

Principal

Katie Mathias

Investment Associate

Bradley Monk

Investment Associate

James Steel

Senior Investment Associate

Mike Stevenson

Principal

Mike Stevenson

Senior Associate

Robyn Wilson

Analyst

Past deals in London

HowNow

Series A in 2025
HowNow Ltd is an EdTech company based in Barking, United Kingdom, founded in 2016. It operates an e-learning platform that connects experts and learners through interactive live video lessons. The platform facilitates real-time communication between teachers and students, allowing for face-to-face instruction across various subjects, including arts, business, music, health, languages, and culinary arts. With a network of over 400 experts teaching in 33 countries, HowNow aims to create immersive learning experiences that replicate in-person interactions. Additionally, the platform employs artificial intelligence to tailor learning recommendations to the needs of companies and their employees, enhancing productivity and skill development.

Hammock

Venture Round in 2022
Hammock is a technology platform established in 2019 by Manoj Varsani, headquartered in London, England. The company specializes in property management software that assists landlords in managing their accounting operations effectively. By merging FinTech and PropTech, Hammock enables landlords and property managers to streamline financial management, encompassing rent collection, bookkeeping, and transaction reconciliation. The platform offers real-time, actionable insights derived from individual transactions, empowering users to monitor and enhance the performance of their property portfolios. Hammock's services aim to save time and reduce costs associated with managing property finances, making it easier for landlords to organize and optimize their rental payments.

Distributed

Venture Round in 2022
Distributed is a London-based software development company founded in 2017 that specializes in providing an on-demand Elastic Team platform. This platform enables clients to collaborate with fully managed, globally distributed teams of skilled software engineers, facilitating faster and more efficient software development and maintenance. By leveraging proprietary natural language processing and applied machine learning, Distributed enhances project management and talent utilization, allowing clients to achieve greater control over costs and outcomes. The company aims to empower organizations to innovate and grow despite the challenges posed by the increasing demand for specialized digital talent.

Quiver

Pre Seed Round in 2022
Quiver is a technology company focused on enhancing the speed, customer-centricity, and sustainability of quick commerce for brands and retailers. It operates a delivery platform that provides emission-less same-day delivery services in London. Quiver's offerings include a dashboard that allows retailers to monitor inventory levels while integrating fulfillment preferences with a location prioritization algorithm. This enables retailers to embed delivery options directly into the checkout process, facilitating faster order fulfillment and improved customer satisfaction.

Journee

Seed Round in 2022
Journee Ltd is an online travel company based in London, United Kingdom, that specializes in organizing surprise trips for travelers. Founded in 2018, the company utilizes artificial intelligence to curate travel experiences tailored to individual preferences. Users can specify a budget and travel dates, and Journee selects a destination from a diverse range, including locations such as Seville, Lisbon, Thailand, and Florence, among others. The unique aspect of Journee's service is that travelers do not know their destination until they arrive at the airport, allowing them to enjoy an adventurous and hassle-free travel experience without the burdens of planning and booking.

Distributed

Series A in 2021
Distributed is a London-based software development company founded in 2017 that specializes in providing an on-demand Elastic Team platform. This platform enables clients to collaborate with fully managed, globally distributed teams of skilled software engineers, facilitating faster and more efficient software development and maintenance. By leveraging proprietary natural language processing and applied machine learning, Distributed enhances project management and talent utilization, allowing clients to achieve greater control over costs and outcomes. The company aims to empower organizations to innovate and grow despite the challenges posed by the increasing demand for specialized digital talent.

Hammock

Seed Round in 2020
Hammock is a technology platform established in 2019 by Manoj Varsani, headquartered in London, England. The company specializes in property management software that assists landlords in managing their accounting operations effectively. By merging FinTech and PropTech, Hammock enables landlords and property managers to streamline financial management, encompassing rent collection, bookkeeping, and transaction reconciliation. The platform offers real-time, actionable insights derived from individual transactions, empowering users to monitor and enhance the performance of their property portfolios. Hammock's services aim to save time and reduce costs associated with managing property finances, making it easier for landlords to organize and optimize their rental payments.

Capdesk

Series A in 2020
Capdesk ApS is an equity management platform that simplifies the administration of shares for companies and investors. Founded in 2015 and headquartered in Copenhagen, Denmark, with a presence in London, the company provides tools for managing cap tables, shareholder registers, and employee equity. The platform automates key processes such as share issuance, transfers, splits, and cancellations, allowing companies to focus more on their core operations by reducing administrative burdens. By storing equity-related information digitally, Capdesk enables clients to easily share ownership details, share certificates, and investment data with stakeholders, fostering transparency and alignment among investors.

Distributed

Seed Round in 2020
Distributed is a London-based software development company founded in 2017 that specializes in providing an on-demand Elastic Team platform. This platform enables clients to collaborate with fully managed, globally distributed teams of skilled software engineers, facilitating faster and more efficient software development and maintenance. By leveraging proprietary natural language processing and applied machine learning, Distributed enhances project management and talent utilization, allowing clients to achieve greater control over costs and outcomes. The company aims to empower organizations to innovate and grow despite the challenges posed by the increasing demand for specialized digital talent.

HowNow

Seed Round in 2019
HowNow Ltd is an EdTech company based in Barking, United Kingdom, founded in 2016. It operates an e-learning platform that connects experts and learners through interactive live video lessons. The platform facilitates real-time communication between teachers and students, allowing for face-to-face instruction across various subjects, including arts, business, music, health, languages, and culinary arts. With a network of over 400 experts teaching in 33 countries, HowNow aims to create immersive learning experiences that replicate in-person interactions. Additionally, the platform employs artificial intelligence to tailor learning recommendations to the needs of companies and their employees, enhancing productivity and skill development.

Tutor House

Venture Round in 2019
Tutor House Ltd is a London-based education company that specializes in providing a wide range of personalized tutoring services through an online platform. Established in 2010, the company offers tuition for various academic levels, including A-levels, GCSE, iGCSE, international baccalaureate, and university courses. Additionally, Tutor House delivers support for homeschooling, common entrance exams, and English language proficiency through IELTS preparation. The company's approach is student-centered, catering to individual needs whether for one-off sessions or ongoing educational support. By offering private, home, residential, and holiday tutoring, Tutor House aims to help students of all ages and abilities achieve their academic potential while boosting their self-confidence and motivation to learn.

Real Links

Seed Round in 2019
Real Links Limited is a London-based company that specializes in providing white-label tools designed to enhance employee engagement with referral schemes. Established in 2017, the company offers a platform that allows employees to view and share job openings through email and social media, facilitating successful hiring through gamification and incentive structures such as leaderboards. The platform integrates seamlessly with applicant tracking systems, enabling organizations to leverage their employees' networks for recruitment. By modernizing and automating the referral process, Real Links aims to reduce recruitment costs while improving the quality of hires, as referral candidates tend to be more productive and remain with the company longer. Additionally, the platform features an analytics dashboard that tracks employee participation, thereby enhancing overall engagement and staff retention.

Capdesk

Venture Round in 2019
Capdesk ApS is an equity management platform that simplifies the administration of shares for companies and investors. Founded in 2015 and headquartered in Copenhagen, Denmark, with a presence in London, the company provides tools for managing cap tables, shareholder registers, and employee equity. The platform automates key processes such as share issuance, transfers, splits, and cancellations, allowing companies to focus more on their core operations by reducing administrative burdens. By storing equity-related information digitally, Capdesk enables clients to easily share ownership details, share certificates, and investment data with stakeholders, fostering transparency and alignment among investors.

Distributed

Seed Round in 2019
Distributed is a London-based software development company founded in 2017 that specializes in providing an on-demand Elastic Team platform. This platform enables clients to collaborate with fully managed, globally distributed teams of skilled software engineers, facilitating faster and more efficient software development and maintenance. By leveraging proprietary natural language processing and applied machine learning, Distributed enhances project management and talent utilization, allowing clients to achieve greater control over costs and outcomes. The company aims to empower organizations to innovate and grow despite the challenges posed by the increasing demand for specialized digital talent.

Perfocal

Seed Round in 2019
Perfocal is a London-based startup creating an intelligent marketplace to make both hiring and working as freelance photographers 10x easier.

Real Links

Pre Seed Round in 2018
Real Links Limited is a London-based company that specializes in providing white-label tools designed to enhance employee engagement with referral schemes. Established in 2017, the company offers a platform that allows employees to view and share job openings through email and social media, facilitating successful hiring through gamification and incentive structures such as leaderboards. The platform integrates seamlessly with applicant tracking systems, enabling organizations to leverage their employees' networks for recruitment. By modernizing and automating the referral process, Real Links aims to reduce recruitment costs while improving the quality of hires, as referral candidates tend to be more productive and remain with the company longer. Additionally, the platform features an analytics dashboard that tracks employee participation, thereby enhancing overall engagement and staff retention.

Admedo

Venture Round in 2017
Admedo is a self-serve online advertising platform that focuses on providing transparency and control in programmatic advertising. Founded in 2013 in the UK by Nick Moutter and Laura Bowen, Admedo has grown into a global company with offices in the US and Europe, and its headquarters in London. The platform automates various aspects of advertisement creation, sales, and management, allowing advertisers to handle their programmatic advertising in-house. Admedo aims to streamline the advertising process by offering all the necessary tools within a single user interface at a fixed cost, promoting a straightforward and inclusive approach to programmatic advertising.

Findoc

Seed Round in 2017
Findoc Ltd is a London-based company incorporated in 2015 that operates a website designed for booking appointments with healthcare professionals. The platform facilitates easy access for patients to obtain information and reviews about healthcare providers in their vicinity. As digital solutions become increasingly essential in everyday life, Findoc addresses the rising demand for online healthcare appointment booking, allowing patients to enjoy the same convenience they experience when making other reservations. By streamlining the process of scheduling medical appointments, Findoc enhances the patient experience and supports the growing shift towards digital healthcare services.

HowNow

Seed Round in 2017
HowNow Ltd is an EdTech company based in Barking, United Kingdom, founded in 2016. It operates an e-learning platform that connects experts and learners through interactive live video lessons. The platform facilitates real-time communication between teachers and students, allowing for face-to-face instruction across various subjects, including arts, business, music, health, languages, and culinary arts. With a network of over 400 experts teaching in 33 countries, HowNow aims to create immersive learning experiences that replicate in-person interactions. Additionally, the platform employs artificial intelligence to tailor learning recommendations to the needs of companies and their employees, enhancing productivity and skill development.

Runa

Venture Round in 2016
Runa is pioneering a first-of-its-kind payment rail capable of sending and accepting digital value at scale. With Runa, companies can pay the people they serve in any form of digital value, anywhere, instantly. The Runa Network provides a wide range of digital payout types including gift cards, prepaid cards, subscriptions, donations, cryptocurrencies and more. Legacy payment mechanisms struggle to adapt to low-volume, high-velocity transactions both locally and globally, such as sending payouts to gig workers, creators, or sending rewards to customers or employees wherever they are. Runa’s infrastructure and network facilitates payouts to these recipients, helping businesses expand their reach, retain their users while modernizing the way in which they manage and transfer money: instantly, internationally, and free of charge for the senders and the recipient. Runa was established as WeGift in October 2016 by Aron Alexander in London, England.

Bidvine

Seed Round in 2015
Bidvine Limited is an online platform based in London, United Kingdom, that connects customers with local service professionals for various projects, including events, health, home care, learning, and wellness. Established in 2014, the company operates as a marketplace where users can find suitable professionals by answering service-specific questions. Utilizing artificial intelligence, Bidvine matches clients' needs with the right service providers, allowing them to compare multiple bids and select professionals that align with their requirements, budget, and timelines. The platform aims to streamline the hiring process and facilitate the completion of diverse tasks for its users.

Palqee

Palqee is a Privacy and Data Governance technology company based in London, UK. It develops innovative privacy management software that facilitates the ethical and secure handling of personal data. The platform empowers individuals to take control of their personal information while helping organizations manage their data responsibly. By automating and consolidating the processes involved in data mapping, assessments, and Data Protection Impact Assessments (DPIAs), Palqee enables clients to focus on compliance with global data privacy regulations. The company aims to strengthen the relationship between businesses and their customers through accessible and user-friendly solutions for data privacy.
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