When was Fuell founded?

Fuell was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is Fuell located?

Fuell is headquartered in Madrid, Spain.

Who is the current CEO of Fuell?

Eduardo Ortiz De Lanzagorta González of Fuell.

How many employees does Fuell have?

As of Apr 30, 2026, the latest employee count at Fuell is 7.

Is Fuell a funded company?

Fuell is a funded company, having raised a total of $3.35M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 28, 2020.

When was the latest funding round of Fuell?

Fuell's latest funding was a $***** Seed round on Jul 11, 2022, with participation from 3 investors. Its primary sector is Finance & Accounting Tech. In Spain, the Finance & Accounting Tech sector has seen $41.1M in funding in 2026 to date.

Where does Fuell rank among its competitors?

Fuell ranks 20th amongst 91 active competitors, of which 17 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Factorial, which secured $150M in Jun, 2026.

Who are the top competitors of Fuell?

Fuell's top competitors include Workday, Factorial and Kronos. Among them, Factorial secured the most recent funding round in June, 2026.

Fuell - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of business management software for human resources and finance. The software helps teams manage time, talent, payroll, and IT processes. It offers features such as time off management, employee performance tracking, and expense management. The platform also provides tools for onboarding, document management, and reporting.

Website: getfuell.com
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Key Metrics

Founded Year

2019

Location

Madrid, Spain

Stage

Acquired

Total Funding

$3.35M in 4 rounds

Latest Funding Round

Seed, Jul 11, 2022, $*****

Investors

Y Combinator & 6 more

Ranked

20^th among 91 active competitors

Employee Count

7 as on Apr 30, 2026

Similar Companies

Workday & 3952 more

Exit Details

Acquired by Factorial (Oct 03, 2023)

View Fuell's full profile

Fuell got acquired by Factorial on Oct 03, 2023.

Click here to take a look at Fuell's acquisition in detail

Fuell has raised a total funding of $3.35M over 4 rounds. Its first funding round was on May 28, 2020. Its latest funding round was a Seed round on Jul 11, 2022 for $*****. 3 investors participated in its latest round. Fuell has 6 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Fuell:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 11, 2022	9266960	Seed	2324090	9194737	7502721	4365962
Jan 10, 2022	3641105	Seed	5255292	9906902	4717728	2303223
Jun 15, 2021	5509318	Seed	4300949	1165120	K Fund	Wayra & 2 more

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View details of Fuell's funding rounds and investors

The founders of Fuell are Eduardo Ortiz De Lanzagorta González and Daniel Seijo.

Here are the details of Fuell's key team members:

Eduardo Ortiz De Lanzagorta González: Co-Founder & Ceo (Yc W22) of Fuell and founder of 2 other companies, Cogress and Stealth.
Daniel Seijo: Co-Founder of Fuell and founder of 2 other companies, Diariomotor and Civeta.
Contact Info: 1 email address

View details of Fuell's Founder profiles and Board Members

Fuell's employee count trend

Fuell has 7 employees as of Apr 26. Here is Fuell's employee count trend over the years:

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Top competitors of Fuell include Workday, Factorial and Kronos. Here is the list of Top 10 competitors of Fuell, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Workday 2005, Pleasanton (United States), Public	Developer of cloud software for human resources finance and operations	$352M	Greylock Partners, T. Rowe Price & 12 others	87/100
2nd	Factorial 2016, Barcelona (Spain), Series D	Provider of business management software for human resources and finance	$369M	Atomico, Tiger Global Management & 10 others	82/100
3rd	Kronos 1977, Lowell (United States), Acquired	Provider of HCM software solutions for enterprises	$855M	GIC, Blackstone & 3 others	81/100
4th	Pleo 2015, Copenhagen (Denmark), Series C	Provider of spend management platform with virtual and physical card options	$434M	Kinnevik, Thrive Capital & 15 others	80/100
5th	Spendesk 2016, Paris (France), Series C	Provider of software for managing corporate spending and invoice processing	$304M	Index Ventures, General Atlantic & 22 others	77/100
6th	Concur 1988, Bellevue (United States), Acquired	Provider of travel, expense, and invoice management solutions for businesses	-	Redpoint Ventures, RRE Ventures & 8 others	75/100
7th	SuccessFactors 2001, San Francisco (United States), Acquired	AI-powered human capital management solutions for workforce success and organizational agility	$79.8M	Notable Capital, Emergence Capital & 9 others	73/100
8th	Cegid 1983, Lyon (France), Late Stage	Provider of cloud-based management solutions for retail, finance, tax, and HR	$900K	Silver Lake, Loka Capital & 11 others	72/100
9th	ZingHR 2002, Mumbai (India), Series B	Provider of human capital management software with AI and blockchain features	$14.1M	Accel, Zeta & 28 others	71/100
10th	Payhawk 2018, Sofia (Bulgaria), Series B	Provider of spend management platform with AI-powered automation and control	$239M	Earlybird, QED Investors & 24 others	71/100
20th	Fuell 2019, Madrid (Spain), Acquired	Provider of business management software for human resources and finance	$3.35M	FJ Labs, TheVentureCity & 5 others	47/100