Company · Fintech

Fuell

getfuell.com ↗ ·Madrid ·Other

Fuell was a Madrid-based expense management startup (YC W22) that modernized SME finance by merging software with intelligent corporate cards for budget control, VAT recovery, and expense categorization. It was acquired by HR unicorn Factorial in October 2023 and no longer operates as an independent company; its website now redirects to factorialhr.com and the founders joined Factorial's board.

Founded

2019

Founders

News

Rounds

Investors

SectorsFintech, Expense Management, SaaS Start-up MapFintech › Finance operations software

Profile updated 4 Aug 2026

Founders

Daniel Seijo

Co-Founder & CSO

Eduardo Ortiz de Lanzagorta González

Co-Founder & CEO

Global models

No comparables on record yet.

Investors 7

Fin Capital

fin.capital ↗

Investor United States

FJ Labs

fjlabs.com ↗

Investor United States

Google for Startups

startup.google.com ↗

Investor United States

Investor United States

Wayra

www.wayra.com

Investor Spain

Y Combinator

www.ycombinator.com ↗

Investor United States

Funding rounds 2

Seed · €1.5M

Madrid fintech Fuell, a Y Combinator graduate offering corporate cards and automated expense management for SMEs, closed €1.5M co-led by Y C…

2022-07-11

Seed · €1M

Fuell, a fintech offering a corporate card that removes expense reports, raised €1M led by K Fund, with Wayra, TheVentureCity and FJ Labs ta…

2021-06-15

News & media 3

Published	Article
2023-10-04	Barcelona-based unicorn Factorial acquires expense management startup Fuell to further empower employees ↗ EU-Startups
2022-07-18	How One New Spanish Fintech Startup Is Helping Companies Fuel The Country's Economy ↗ 150sec
2022-07-12	Spanish fintech Fuell closes €1.5M investment round ↗ Finextra