Acquired by Factorial, 2023.
Fuell no longer appears in the directory or on the maps; its funding history is kept below.
Source ↗
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.
SectorsFintech, Expense Management, SaaS
Founders
E
Eduardo Ortiz de Lanzagorta González
Co-Founder & CEO
Global models
No comparables on record yet.
In the same niche 23 others
See all in the Start-ups Map →Notes: Most funded first
Investors 9
Open as list →
KKfund
www.kfund.vc
YY Combinator
www.ycombinator.com
FFJ Labs
fjlabs.com
TTheVentureCity
www.theventure.city
WWayra
www.wayra.com
GGoogle for Startups
startup.google.com
FFin Capital
A
Andy Cohen
M
Michael Levinthal
Funding rounds 2
| Date | Round | Amount | Lead |
|---|---|---|---|
| 2022-07-11 | Seed (estimated) | €1.5M |
Y Combinator, Fin Capital
+2 more
|
| 2021-06-15 | Seed (estimated) | €1M |
K Fund
+3 more
|
News 3
Open as list →| Published | Article |
|---|---|
| 2023-10-04 |
Barcelona-based unicorn Factorial acquires expense management startup Fuell to further empower employees ↗
EU-Startups
2023-10-04 |
| 2022-07-18 |
How One New Spanish Fintech Startup Is Helping Companies Fuel The Country's Economy ↗
150sec
2022-07-18 |
| 2022-07-12 |
Spanish fintech Fuell closes €1.5M investment round ↗
Finextra
2022-07-12 |






