Fuel50
Valuation
$4.8M
2024 Revenue
$21M
Customers
85
Funding
$36.1M
YOY
70.3%
Avg ACV
$247.1K
Team
76
Founded
2011
How Fuel50 CEO Jo Mills grew Fuel50 to $21M revenue and 85 customers in 2024.
Developer of a cloud-based talent experience platform intended to directly impact the career development processes. The company's platform enables forward-thinking companies to deploy career development, career enablement and career agility initiatives, enabling enterprises to attract and retain top talent while contributing towards engagement and productivity.
Last updated
Fuel50 Revenue
In 2024, Fuel50's revenue reached $21M. The company previously reported $12.3M in 2023. Since its launch in 2011, Fuel50 has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Fuel50 Hit $21m revenue in November 2024 |
| 2023 | Fuel50 Hit $12.3m revenue in November 2023 |
| 2022 | Fuel50 Hit $9.6m revenue in November 2022 |
| 2022 | Fuel50 Hit $9.6m revenue in May 2022 |
| 2021 | Fuel50 Hit $6.6m revenue in November 2021 |
| 2021 | Fuel50 Hit $6.6m revenue in April 2021 |
| 2011 | Launched with $0 revenue |
Fuel50 Valuation, Funding Rounds
Fuel50 reached a $4.8M valuation in 2015, set during its Seed Round round.
Fuel50 has raised $36.1M in total funding across 7 rounds, with its most recent round in 2022.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2022 | Funding round | $28.9 | - | - |
| 2021 | Series B | $15.5M | - | - |
| 2019 | Series B | $14M | - | - |
| 2018 | Series A | $996.8K | - | - |
| 2017 | Series A | $2.5M | - | - |
| 2017 | Seed Round | $2.4M | - | - |
| 2015 | Seed Round | $712K | $4.8M | 15% |
Fuel50 Employees & Team Size
Fuel50 employs approximately 76 people as of 2026, down from 77 in 2024.
Fuel50 has 76 total employees in different roles and functions and 11 sales reps that carry a quota. They have 85 customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2025 | Reached 76 employees (January 2025) |
| 2024 | Reached 77 employees (October 2024) |
| 2023 | Reached 125 employees (November 2023) |
| 2023 | Reached 125 employees (September 2023) |
| 2023 | Reached 128 employees (January 2023) |
| 2022 | Reached 100 employees (November 2022) |
| 2022 | Reached 100 employees (May 2022) |
| 2022 | Reached 111 employees (January 2022) |
| 2021 | Reached 95 employees (November 2021) |
| 2021 | Reached 95 employees (August 2021) |
| 2021 | Reached 79 employees (April 2021) |
| 2020 | Reached 86 employees (November 2020) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Fuel50 acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about Fuel50
What is Fuel50's revenue?
Fuel50 generates $21M in revenue.
Who founded Fuel50?
Fuel50 was founded by Jo Mills.
Who is the CEO of Fuel50?
The CEO of Fuel50 is Jo Mills.
How much funding does Fuel50 have?
Fuel50 raised $36.1M.
How many employees does Fuel50 have?
Fuel50 has 76 employees.
Where is Fuel50 headquarters?
Fuel50 is headquartered in Laguna Niguel, California, United States.
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Compare Fuel50 to the industry
Fuel50 operates across multiple industries. Browse revenue, funding, and growth data for Fuel50 in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .