Fuel Ventures

Founded in 2015, Fuel Ventures is a London-based venture capital firm focused on early-stage technology and digital companies. It invests primarily in marketplaces, platforms, fintech, and SaaS businesses with exceptional growth potential across the UK.

Kesli Agolli

Associate

Alice Azzarelli

Analyst

Nikita Baranov

Associate

Alex Breeden

Analyst

James Cooper

Associate

Sophie Derham

Associate

Monik Durmus

Principal

Gianluca Forino

Associate

Joanna Graiver

Associate

Tom Healy

Associate

Tom Hibbard

Principal

Hector Hunt

Associate

Bhavya Jain

Principal

Holly Martin

Associate

Katie Mathias

Investment Associate

Bradley Monk

Associate

Shiv Patel

Investor

James Steel

Associate

Mike Stevenson

Principal

Mike Stevenson

Senior Associate

Robyn Wilson

Analyst

Jing Jing Xu

Partner

Past deals in United Kingdom

Homemove

Seed Round in 2025
Founded in 2022, Homemove is a real estate services platform that simplifies the home selling process. It helps homeowners select the best estate agents by providing access to agent profiles, reviews, and market knowledge, ensuring accurate property valuation and negotiation for optimal pricing.

HowNow

Series A in 2025
HowNow is a global EdTech platform that connects experts with learners worldwide through live interactive video classes. Founded in 2016, it offers courses across various subjects, with over 400 experts teaching in 33 countries.

Lunio

Venture Round in 2024
Lunio, formerly known as PPC Protect Limited, specializes in click fraud protection for digital advertising, particularly Google Ads. The company offers an automated software platform that utilizes a custom-built algorithm and machine learning to monitor advertisements in real time. It analyzes each click to identify fraudulent activities and blocks suspicious clicks, protecting clients from competitors, hackers, and non-converting users. By capturing data and generating exclusion audiences, Lunio's solution helps businesses save advertising budgets by eliminating fake interactions and identifying fake conversions. Founded in 2016 and headquartered in Chorley, United Kingdom, Lunio has development offices in the United States and Israel, as well as a sales office in Belgium. Its technology aims to enhance the return on investment for marketing campaigns by safeguarding against invalid traffic and improving overall campaign effectiveness.

Supportwave

Seed Round in 2023
Supportwave is an IT support platform that connects businesses with a global network of vetted IT engineers for on-demand assistance. It offers enterprise SaaS to manage all IT needs in one place, enabling companies to build and scale remote IT teams swiftly. Supportwave provides on-site support across the US and UK, and global remote support within 30 seconds.

healsgood.ai

Series A in 2023
HealsGood/KPI Health is a paradigm-shifting player in the healthcare industry. We aim to harness the power of AI to revolutionize patient experiences and outcomes. By significantly reducing waiting times for primary care physicians, we not only prioritize the well being of patients but also drive down costs for health boards and insurance networks. As a group we have treated and discharged over 100,000 patients on behalf of the UK NHS. Currently we are involved in Ai Health, Telehealth, Telediagnostics and Traditional Healthcare.

Togather

Series A in 2023
Togather is an online marketplace designed to streamline the event planning process by connecting clients with independent caterers and suppliers. The platform features partnerships with over 150 of the UK's leading street food providers and restaurants, continually expanding its selection. Users can easily input their event requirements, preferences, and dates, allowing them to receive tailored quotes and find suitable caterers quickly. In addition to catering, Togather also offers access to various other event services, including staffing, florists, and photographers, facilitating comprehensive event management in a single interface.

Productive Machines

Seed Round in 2023
Productive Machines enhances metal cutting efficiency by employing digital twins of machining processes. This enables rapid simulation of millions of parameters, improving CAM and G-code for increased productivity and part quality.

Homemove

Pre Seed Round in 2023
Founded in 2022, Homemove is a real estate services platform that simplifies the home selling process. It helps homeowners select the best estate agents by providing access to agent profiles, reviews, and market knowledge, ensuring accurate property valuation and negotiation for optimal pricing.

Twirl

Pre Seed Round in 2022
Twirl is a platform facilitating user-generated content (UGC) for eCommerce brands and consumer companies. It connects these businesses with vetted creators across the UK, US, and Europe to produce authentic video content.

Homemove

Pre Seed Round in 2022
Founded in 2022, Homemove is a real estate services platform that simplifies the home selling process. It helps homeowners select the best estate agents by providing access to agent profiles, reviews, and market knowledge, ensuring accurate property valuation and negotiation for optimal pricing.

Aide Health

Pre Seed Round in 2022
Aide Health is a health technology company dedicated to enhancing the effectiveness of prescribed care, particularly in managing long-term conditions that significantly strain healthcare systems. With healthcare costs for chronic diseases reaching £50 billion annually for the NHS and $1 trillion for the US healthcare system, Aide aims to address this challenge by employing conversational artificial intelligence. This technology fosters better patient engagement and supports clinicians in their decision-making processes for chronic disease management. Aide's platform assists patients in managing day-to-day activities, cultivating positive health habits, and gaining a comprehensive understanding of their health status. Currently, Aide is operational within NHS England, focusing on patients with asthma and Type 2 diabetes, thereby contributing to improved health outcomes and reduced healthcare costs associated with comorbidities.

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
Founded in 2017, Distributed is a London-based software development company that specializes in providing on-demand Elastic Teams. These are globally distributed teams of highly skilled software engineers, managed through the Distributed platform. This enables clients to build and maintain software faster, more efficiently, cost-effectively, and with enhanced visibility.

Peckwater Brands

Series A in 2022
Peckwater Brands offers delivery franchise solutions for existing kitchen operators. It provides fully-serviced food concepts, including branding, platform listings, suppliers, recipes, packaging, staff training, and technology.

Quiver

Pre Seed Round in 2022
Quiver is a technology company specializing in quick-commerce (q-commerce) solutions. It enables brands and retailers to offer emission-free same-day delivery, enhancing customer experience and sustainability.

Journee

Seed Round in 2022
Founded in London in 2018, Journee is an online travel company that uses artificial intelligence to match users with surprise destinations based on their preferences. It offers tailored trips within a pre-agreed budget and travel dates, covering various locations worldwide.

Moverly

Pre Seed Round in 2022
Moverly streamlines property transactions in the UK by developing practical technology solutions. It works with estate agents and conveyancers to centralize compliance processes, connect stakeholders, and simplify document collection. By collaborating with government initiatives and industry partners, Moverly transforms compliance costs into revenue streams while reducing transaction delays.

Togather

Seed Round in 2021
Togather is an online marketplace designed to streamline the event planning process by connecting clients with independent caterers and suppliers. The platform features partnerships with over 150 of the UK's leading street food providers and restaurants, continually expanding its selection. Users can easily input their event requirements, preferences, and dates, allowing them to receive tailored quotes and find suitable caterers quickly. In addition to catering, Togather also offers access to various other event services, including staffing, florists, and photographers, facilitating comprehensive event management in a single interface.

Peckwater Brands

Seed Round in 2021
Peckwater Brands offers delivery franchise solutions for existing kitchen operators. It provides fully-serviced food concepts, including branding, platform listings, suppliers, recipes, packaging, staff training, and technology.

Supportwave

Pre Seed Round in 2021
Supportwave is an IT support platform that connects businesses with a global network of vetted IT engineers for on-demand assistance. It offers enterprise SaaS to manage all IT needs in one place, enabling companies to build and scale remote IT teams swiftly. Supportwave provides on-site support across the US and UK, and global remote support within 30 seconds.

Distributed

Series A in 2021
Founded in 2017, Distributed is a London-based software development company that specializes in providing on-demand Elastic Teams. These are globally distributed teams of highly skilled software engineers, managed through the Distributed platform. This enables clients to build and maintain software faster, more efficiently, cost-effectively, and with enhanced visibility.

Lunio

Seed Round in 2021
Lunio, formerly known as PPC Protect Limited, specializes in click fraud protection for digital advertising, particularly Google Ads. The company offers an automated software platform that utilizes a custom-built algorithm and machine learning to monitor advertisements in real time. It analyzes each click to identify fraudulent activities and blocks suspicious clicks, protecting clients from competitors, hackers, and non-converting users. By capturing data and generating exclusion audiences, Lunio's solution helps businesses save advertising budgets by eliminating fake interactions and identifying fake conversions. Founded in 2016 and headquartered in Chorley, United Kingdom, Lunio has development offices in the United States and Israel, as well as a sales office in Belgium. Its technology aims to enhance the return on investment for marketing campaigns by safeguarding against invalid traffic and improving overall campaign effectiveness.

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
Founded in 2017, Distributed is a London-based software development company that specializes in providing on-demand Elastic Teams. These are globally distributed teams of highly skilled software engineers, managed through the Distributed platform. This enables clients to build and maintain software faster, more efficiently, cost-effectively, and with enhanced visibility.

HowNow

Seed Round in 2019
HowNow is a global EdTech platform that connects experts with learners worldwide through live interactive video classes. Founded in 2016, it offers courses across various subjects, with over 400 experts teaching in 33 countries.

Shift Platform

Seed Round in 2019
Shift is a British technology company founded in 2017 by Jacob Corlett, focused on transforming the delivery and logistics industry through its innovative platform. The company has developed an on-demand delivery marketplace that connects customers and businesses with independent drivers and fleets, using smart algorithms to optimize routes and efficiently assign jobs. With around 300 employees, Shift operates across multiple European countries, including the United Kingdom, Ireland, Germany, France, Sweden, Switzerland, and Austria, and has established a strong network of logistics partners. Additionally, through its acquired brand Movinga, Shift has become a leader in relocation services in Europe. The company's management team comprises experienced professionals from notable app-based platforms, enabling Shift to scale rapidly and leverage its first mover advantage in the industry.

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
Founded in 2017, Distributed is a London-based software development company that specializes in providing on-demand Elastic Teams. These are globally distributed teams of highly skilled software engineers, managed through the Distributed platform. This enables clients to build and maintain software faster, more efficiently, cost-effectively, and with enhanced visibility.

Perfocal

Seed Round in 2019
Perfocal is a London-based startup that facilitates an intelligent marketplace for hiring professional photographers. It streamlines the process for both freelance photographers and clients seeking their services.

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.

Shift Platform

Pre Seed Round in 2017
Shift is a British technology company founded in 2017 by Jacob Corlett, focused on transforming the delivery and logistics industry through its innovative platform. The company has developed an on-demand delivery marketplace that connects customers and businesses with independent drivers and fleets, using smart algorithms to optimize routes and efficiently assign jobs. With around 300 employees, Shift operates across multiple European countries, including the United Kingdom, Ireland, Germany, France, Sweden, Switzerland, and Austria, and has established a strong network of logistics partners. Additionally, through its acquired brand Movinga, Shift has become a leader in relocation services in Europe. The company's management team comprises experienced professionals from notable app-based platforms, enabling Shift to scale rapidly and leverage its first mover advantage in the industry.

HowNow

Seed Round in 2017
HowNow is a global EdTech platform that connects experts with learners worldwide through live interactive video classes. Founded in 2016, it offers courses across various subjects, with over 400 experts teaching in 33 countries.

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.

ExpoCart

Seed Round in 2015
ExpoCart streamlines exhibition stand equipment hire and purchase across major UK venues. It offers a one-stop platform for exhibitors to simplify their processes, reducing time and effort by consolidating orders from multiple suppliers.

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 London-based technology company specializing in Privacy & Data Governance. It develops innovative, user-friendly solutions to assist businesses in managing customer data privacy, complying with global regulations, and fostering stronger relationships.
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