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Fuell

AcquiredYC W22

Madrid, ES · Founded 2019 · 23 employees · 6 known investors

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Factorial is an AI-powered business management platform that automates and centralizes HR and administrative tasks for companies. It serves businesses of all sizes across 120+ countries, enabling organizations to focus on people and growth rather than manual administrative work.

Also known as Fuell Technologies, Inc · Fuell Technologies, Inc.

AI & Machine LearningEnterprise SoftwareFintechHR TechSaaSSpainEuropePartly Remote

Founders & leadership· Y Combinator alumni (W22)

Fuell was founded in 2019 by Eduardo Ortiz de Lanzagorta Gonzalez.

EOEduardo Ortiz de Lanzagorta Gonzalez
Eduardo Ortiz de Lanzagorta GonzalezFounderEduardo Ortiz de Lanzagorta Gonzalez holds an engineering degree and founded an early-stage fintech startup while still in school. He later co-founded a seed fund that invested in over 40 Spanish startups, and now works on Fuell, a corporate card product with integrated expense management software.
BF
Bernart FarreroFounder
JR
Jordi RomeroFounder
DS
Daniel SeijoChief Strategy Officer

Investors · 6

FJ Labslisted by FJ LabsNew York · $100K – $3M

How we know: funding news · fjlabs.com · Y Combinator's founder network · Not right? Tell us

TheVentureCitylisted by TheVentureCityMiami · $1M – $4M

How we know: TheVentureCity's portfolio page · a partner's Signal profile · the VCSheet dataset · Y Combinator's founder network · Not right? Tell us

Y Combinatorlisted by Y CombinatorSan Francisco · $500K

How we know: the Y Combinator directory · funding news · thesaasnews.com · open dataset · 5k.vc investor directory · Not right? Tell us

Fin CapitalreportedSan Francisco · $250K – $15M

How we know: funding news · thesaasnews.com · Not right? Tell us

KfundreportedMadrid · $108K – $10.8M

How we know: Y Combinator's founder network · Not right? Tell us

WayrareportedMadrid · $54K – $5.4M

How we know: Y Combinator's founder network · Not right? Tell us

Related companies · 5

FinchFinch provides an API platform for applications to securely access employer and employee data with explicit consent, serving businesses that need workforce data integration. The company prioritizes enterprise-grade security, encryption, and compliance standards.
SlopeSlope provides a B2B payments platform that enables businesses to accept payments and offer financing, with a focus on digitizing the order-to-cash process for online commerce. The company uses generative AI to modernize traditionally manual B2B payment workflows.
PestoPesto Mastercard offers affordable credit for people with poor or limited credit history, positioning itself as an alternative to high-cost pawn loans. The product allows users to build credit history and improve credit scores through regular, on-time payments.
EmburseEmburse is a travel and expense management platform that helps organizations automate T&E processes, improve compliance, and gain spending visibility. The company serves enterprise teams managing corporate travel and expense administration.
SiftSift provides an AI-powered platform for fraud prevention and risk decisioning that helps digital businesses detect and manage online fraud. The platform serves companies across industries looking to reduce fraud losses while enabling secure growth.

Companies working in the same space as Fuell.

Legal entities · 2

corporate structure
Fuell Technologies, Inc
Fuell Technologies, Inc.

In the news

Factorial acquires YC-backed Fuellgetfuell.com · Oct 2023Barcelona-based unicorn Factorial acquires expense management startup Fuell to further empower employees | EU-Startupseu-startups.com · Oct 2023Fuell Closes €1.5 Million in Funding | The SaaS Newsthesaasnews.com · Jul 2022

Frequently asked questions

What does Fuell do?
Factorial is an AI-powered business management platform that automates and centralizes HR and administrative tasks for companies. It serves businesses of all sizes across 120+ countries, enabling organizations to focus on people and growth rather than manual administrative work.
Who founded Fuell?
Fuell was founded by Eduardo Ortiz de Lanzagorta Gonzalez in 2019.
Who are Fuell's investors?
Fuell's investors include FJ Labs, TheVentureCity, Y Combinator, Fin Capital, Kfund, Wayra.
Where is Fuell headquartered?
Fuell is headquartered in Madrid, ES.