Fuel Capital

Fuel Capital is an early-stage venture capital firm based in San Francisco that backs consumer, software and cloud infrastructure startups. Founded in 2013 by Chris Howard, with Leah Solivan joining as a general partner in 2017, the firm positions itself as more than a capital provider, offering founders mentorship, strategic guidance, and a broad network to accelerate growth. It has backed multiple unicorns, including Convoy, Flexport, Figma, Pacaso, Lattice, Highspot, thredUP, and Weave, and has portfolio exits through acquisitions by major tech incumbents, reflecting a history of identifying high-potential teams and helping them scale. With a focus on early-stage companies in the United States, Fuel Capital leverages its operating experience and industry connections to assist portfolio companies in product development, go-to-market, and fundraising as they move toward growth.

Leah Busque

General Partner

Cadol Cheung

Founding Partner

S.C. Mak

Partner

Leah Solivan

General Partner

Past deals in San Francisco Bay Area

CoreOS

Series B in 2016
CoreOS, Inc. is a technology company that specializes in open source projects for Linux containers and Internet security software solutions. Founded in 2012 and based in San Francisco, with additional offices in New York City and a development hub in Berlin, CoreOS is recognized for its contributions to the Kubernetes community. The company offers Tectonic, an enterprise-ready platform that enhances Kubernetes with features for secure container orchestration, and Quay, a private image registry for building, storing, and distributing containers. CoreOS also provides CoreUpdate, a tool for managing application updates, and maintains various open source projects, including CoreOS Linux, etcd, and rkt. These solutions address key challenges related to downtime, security, and resilience, enabling organizations to run their applications reliably in diverse environments. In 2018, CoreOS became a subsidiary of Red Hat, further bolstering its position in the cloud infrastructure landscape.

D2iQ

Series C in 2016
D2iQ develops a datacenter operating system (DCOS) that spans various machines in a datacenter or cloud. It organizes infrastructure, provides scalable application deployment, and supports big data infrastructure on shared resources. D2iQ offers products like Mesosphere DCOS, Infinity, and Conductor, along with architectural consulting services.

Swapbox

Seed Round in 2015
Swapbox is a delivery service that offers a streamlined solution for sending and receiving packages through its automated kiosks. Located in accessible venues such as grocery stores, petrol stations, and coffee shops, these kiosks allow customers to send items without the hassle of traditional post office hours. Users can simply place their packages in the kiosk and enter their details on a touchscreen. The recipient can then collect the package from a nearby Swapbox location using a code sent to them via text or email. Concentrating on consumer satisfaction and convenience, Swapbox aims to improve the parcel delivery experience. Currently, the service operates in San Francisco and Santa Clara.

CoreOS

Series A in 2015
CoreOS, Inc. is a technology company that specializes in open source projects for Linux containers and Internet security software solutions. Founded in 2012 and based in San Francisco, with additional offices in New York City and a development hub in Berlin, CoreOS is recognized for its contributions to the Kubernetes community. The company offers Tectonic, an enterprise-ready platform that enhances Kubernetes with features for secure container orchestration, and Quay, a private image registry for building, storing, and distributing containers. CoreOS also provides CoreUpdate, a tool for managing application updates, and maintains various open source projects, including CoreOS Linux, etcd, and rkt. These solutions address key challenges related to downtime, security, and resilience, enabling organizations to run their applications reliably in diverse environments. In 2018, CoreOS became a subsidiary of Red Hat, further bolstering its position in the cloud infrastructure landscape.

Clearbit

Pre Seed Round in 2015
Clearbit, Inc. is a business intelligence company based in San Francisco, California, that specializes in providing application program interface tools to help organizations gather detailed information about their customers. Its suite of tools is designed for customer analysis, geolocation, fraud prevention, background checks, and address verification. By delivering accurate and actionable data, Clearbit enables businesses to enhance their sales processes and mitigate the risks of fraud, ultimately supporting informed decision-making and improving operational efficiency.

D2iQ

Series B in 2014
D2iQ develops a datacenter operating system (DCOS) that spans various machines in a datacenter or cloud. It organizes infrastructure, provides scalable application deployment, and supports big data infrastructure on shared resources. D2iQ offers products like Mesosphere DCOS, Infinity, and Conductor, along with architectural consulting services.

CoreOS

Series A in 2014
CoreOS, Inc. is a technology company that specializes in open source projects for Linux containers and Internet security software solutions. Founded in 2012 and based in San Francisco, with additional offices in New York City and a development hub in Berlin, CoreOS is recognized for its contributions to the Kubernetes community. The company offers Tectonic, an enterprise-ready platform that enhances Kubernetes with features for secure container orchestration, and Quay, a private image registry for building, storing, and distributing containers. CoreOS also provides CoreUpdate, a tool for managing application updates, and maintains various open source projects, including CoreOS Linux, etcd, and rkt. These solutions address key challenges related to downtime, security, and resilience, enabling organizations to run their applications reliably in diverse environments. In 2018, CoreOS became a subsidiary of Red Hat, further bolstering its position in the cloud infrastructure landscape.

D2iQ

Series A in 2014
D2iQ develops a datacenter operating system (DCOS) that spans various machines in a datacenter or cloud. It organizes infrastructure, provides scalable application deployment, and supports big data infrastructure on shared resources. D2iQ offers products like Mesosphere DCOS, Infinity, and Conductor, along with architectural consulting services.

Swapbox

Seed Round in 2013
Swapbox is a delivery service that offers a streamlined solution for sending and receiving packages through its automated kiosks. Located in accessible venues such as grocery stores, petrol stations, and coffee shops, these kiosks allow customers to send items without the hassle of traditional post office hours. Users can simply place their packages in the kiosk and enter their details on a touchscreen. The recipient can then collect the package from a nearby Swapbox location using a code sent to them via text or email. Concentrating on consumer satisfaction and convenience, Swapbox aims to improve the parcel delivery experience. Currently, the service operates in San Francisco and Santa Clara.

CoreOS

Seed Round in 2013
CoreOS, Inc. is a technology company that specializes in open source projects for Linux containers and Internet security software solutions. Founded in 2012 and based in San Francisco, with additional offices in New York City and a development hub in Berlin, CoreOS is recognized for its contributions to the Kubernetes community. The company offers Tectonic, an enterprise-ready platform that enhances Kubernetes with features for secure container orchestration, and Quay, a private image registry for building, storing, and distributing containers. CoreOS also provides CoreUpdate, a tool for managing application updates, and maintains various open source projects, including CoreOS Linux, etcd, and rkt. These solutions address key challenges related to downtime, security, and resilience, enabling organizations to run their applications reliably in diverse environments. In 2018, CoreOS became a subsidiary of Red Hat, further bolstering its position in the cloud infrastructure landscape.

D2iQ

Seed Round in 2013
D2iQ develops a datacenter operating system (DCOS) that spans various machines in a datacenter or cloud. It organizes infrastructure, provides scalable application deployment, and supports big data infrastructure on shared resources. D2iQ offers products like Mesosphere DCOS, Infinity, and Conductor, along with architectural consulting services.
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