Rivne, Ukraine
Fuelfinance is a cloud-based financial department platform founded in 2019 by Alyona Mysko, who serves as CEO. The company provides SaaS startups and founders with financial planning software, dashboards, and automation tools, paired with dedicated financial success managers who guide clients through the platform. As of May 2022, Fuelfinance reported 30 paying customers generating approximately $30,000 in monthly recurring revenue, equivalent to a $360,000 annualized run rate. The company tripled revenue over the prior twelve months, growing from roughly $10,000 per month in May 2021. Fuelfinance has been profitable and at breakeven throughout its roughly two-and-a-half-year operating history, having bootstrapped the business without outside capital. Mysko, 29 at the time of the interview, was conducting the business from Western Ukraine during the ongoing war, with her 23-person team working approximately 15 hours per day. The company was preparing to raise a seed round of $1 to $2 million in exchange for 15 to 20 percent equity, intending to accelerate sales, marketing, and product development.
- Revenue
- $618.1K
- Customers
- 30
- Year founded
- 2019
- Funding
- $2M
- Team size
- 27
- Growth
- -