Fuel is a venture capital firm that invests in ambitious entrepreneurs building market leading companies.
The pre-seed round was backed by Indico Capital Partners, APX, Fuel Ventures, and Magic Fund.
"Our mission is to give everyone the financial stability that will steer them safely through times of unavoidable hardship by offering accessible, affordable and essential insurance policies. We’ve made huge progress towards this goal in just a few short months, and with our new investment partners, that progress will accelerate."
Fuel Ventures led the pre-seed round, which will fund product development, marketing, and team expansion.
"We’re looking forward to working with Theo, the founder of Slinger, a platform that addresses the UK’s hospitality worker shortage by connecting the UK’s 10.3 million frontline workers to Living Wage opportunities."
The seed round was supported by High-Tech Gründerfonds, Big Sur Ventures and Fuel Ventures to scale the platform's resource pool.
"We are thrilled to embark on the next chapter of our journey, supported by our incredible investors, partners and IT Specialists. This funding will play a vital role in bridging the skills gaps that many businesses are facing, whilst also spearheading the future of work by creating job opportunities within our community"
The London-based customer engagement platform has raised £3.8m in a Seed round led by Fuel Ventures to expand internationally.
"The challenges that today’s industry faces are complex, and we founded Odore to provide solutions that are not only comprehensive but also transform the way brands strategize, operate, and connect. This is just the beginning. With this latest funding round, we’re delighted to have Fuel Ventures on board for our next chapter as we expand our team and business globally and launch new tools to better serve our customers."
Fontinalis Partners led the pre-seed round, which included participation from Fuel Ventures and InMotion Ventures.
"This round of capital, and importantly the investors behind it, serves both as early validation to the global scale of our vision and provides the firepower to execute upon our ambitions."
