Fuel50revenue, valuation & funding
Talent Management SoftwareLaguna Niguel, CaliforniaFounded 2011CEO Jo Mills
Fuel50 is career pathing and talent mobility platform.
Fuel50 revenue
Fuel50 has not published its revenue. GetLatka estimates it at about $21M a year (November 2024).
All 4 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $6.6M | – |
| May 2022 | $9.6M | – |
| Nov 2023 | $12.3MEST. | GetLatka estimate |
| Nov 2024 | $21MEST. | GetLatka estimate |
– source not recorded
Fuel50 valuation
Fuel50 is privately held, so there is no Fuel50 stock to buy. Investors valued it at $4.8M in its December 2015 Seed.
Fuel50 funding rounds & investors
Fuel50 has raised $36.1M across seven rounds since 2015. The latest was a $28.9 funding round in May 2022.
| Date | Round | Raised | Valuation |
|---|---|---|---|
| May 2022 | Funding round | – | – |
| Apr 2021 | Series B | $15.5M | – |
| Aug 2019 | Series B | $14M | – |
| Jun 2018 | Series A | $996.8K | – |
| Oct 2017 | Series A | $2.5M | – |
| Aug 2017 | Seed | $2.4M | – |
| Dec 2015 | Seed | $712K | $4.8M |
| Total raised | $36.1M |
Fuel50 competitors
Fuel50 competes most directly with Eightfold and Betterworks.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 Eightfold | $96.6M | $396.8M | 722 | 100 | 2016 |
 Betterworks | $41.7M | $51M | 195 | 500 | 2011 |
| Fuel50 | $21M | $36.1M | 76 | 85 | 2011 |
Fuel50 CEO, founders & employees
Jo Mills founded Fuel50 in 2011 and runs it as CEO. Fuel50 has 76 employees (January 2025, LinkedIn), down from 125 a year earlier.
- Jo MillsCo-founder & CEO
All 12 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Jan 2025 | 76 | |
| Oct 2024 | 77 | |
| Nov 2023 | 125 | – |
| Sep 2023 | 125 | – |
| 2023 | 128 | – |
| Nov 2022 | 100 | – |
| May 2022 | 100 | – |
| 2022 | 111 | – |
| Nov 2021 | 95 | – |
| Aug 2021 | 95 | – |
| Apr 2021 | 79 | – |
| Nov 2020 | 86 | – |
Fuel50 FAQ
How much money does Fuel50 make?
Fuel50 has not published its revenue. GetLatka estimates about $21M a year (November 2024).
How much is Fuel50 worth?
Companies don't publish a net worth. The closest figure is Fuel50's valuation: $4.8M, set in Dec 2015.
Who owns Fuel50?
Fuel50 is privately held by its founders, employees and investors.
Is Fuel50 publicly traded?
No. Fuel50 is a private company, so its shares are not listed on a stock exchange.
How much funding has Fuel50 raised?
$36.1M across 7 rounds; the latest was a $28.9 round in May 2022.
Who is the CEO of Fuel50?
Jo Mills, a co-founder.
Who founded Fuel50?
Jo Mills, in 2011.
How many employees does Fuel50 have?
About 76 as of January 2025 (LinkedIn).
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How this page is sourced
2 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Sep 10, 2026Data disclaimerReport a correctionClaim this profileRun Fuel50? Join the podcast