How Much Did FuelCloud Raise?
Funding & Key Investors

FuelCloud has secured $150K in total capital, with its most recent financing round bringing in $150K in a major strategic investment. This latest capital infusion underscores the company's established market position and its trajectory within the fleet management technology sector.

What is FuelCloud?

FuelCloud
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FuelCloud provides a comprehensive cloud-based fuel management system tailored for commercial fleets. Its integrated solution, comprising reliable app, hardware, and web portal functionalities, empowers businesses, jobbers, and government entities to meticulously track fuel consumption, proactively prevent theft, and maintain granular control over fuel inventory from any location. The platform's emphasis on total visibility, automated reporting, affordability, and user-friendliness has led to its adoption by over 10,000 businesses seeking to streamline and enhance the accountability of their fueling operations.

How much funding has FuelCloud raised?

FuelCloud has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

What's next for FuelCloud?

The substantial backing and strategic nature of its recent capital raise suggest FuelCloud is poised for significant expansion and further technological development. As a company operating in the large-scale late-stage funding environment, FuelCloud is likely focusing on scaling its operations, enhancing its market reach, and potentially exploring new service verticals within the broader fleet and logistics technology landscape. This strategic investment will likely fuel advancements in its core cloud-based fuel management system, reinforcing its competitive edge and solidifying its role as a key player in optimizing fleet efficiency and security.

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Frequently Asked Questions Regarding FuelCloud Financial Insights

What are the most recent funding rounds that FuelCloud has completed, and what were the funding rounds?
FuelCloud has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding FuelCloud has raised to date?
FuelCloud has raised a total of $150K in funding to date.
How many funding rounds has FuelCloud completed?
FuelCloud has completed 1 funding rounds.
How much funding did FuelCloud raise in its most recent funding round?
FuelCloud raised $150K in its most recent funding round.
Who are the lead investors in FuelCloud's latest funding round?
The lead investor in FuelCloud's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in FuelCloud's history?
The largest funding round in FuelCloud's history was $150K.
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